Fox Is Buying Roku in $22 Billion Deal

Fox says it will continue to operate Roku as a "partner-friendly" platform going forward

By Todd Spangler

Todd Spangler

NY Digital Editor

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Fox Corp. is making a dramatic move to hitch its future to the streaming world, unveiling plans to buy Roku in a deal that values the streaming platform at $22 billion.

Fox announced Monday that it has agreed to acquire Roku for $160.00/share in a combination of cash and Fox Class A common stock, giving Roku an enterprise value of about $22 billion. The companies expect the deal to close in the first half of calendar year 2027.

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