04 Nov Fox Closes Roku Deal, Creating New Streaming Power Player [The Hollywood Reporter]
By Alex Weprin
November 4 2026 | Fox Corp. has completed its $22 billion acquisition of Roku, creating a new power player in media and streaming.
Roku founder Anthony Wood will join Fox’s board and also serve as co-chair of Fox Digital Platforms, the division that will house Roku, Tubi, Fox One and Red Seat Ventures.
“The closing of this acquisition advances the long-term strategy of Fox,” Fox CEO Lachlan Murdoch said in a statement. “Beginning today, our top priority for the combined company is to continue to relentlessly serve audiences and partners, while reinforcing the openness and choice that is the essence of the Roku platform. Our shared entrepreneurial passion and clear conviction toward building the future together with our new Roku colleagues gives us great confidence in the opportunities ahead of us.”
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