Fox to acquire Roku in $22 billion deal
TechCrunch ·
Fox confirmed Monday that it is acquiring streaming company Roku in a stock and cash deal valued at around $22 billion. Fox said the deal would create a media and technology company positioned around …
Fox confirmed Monday that it is acquiring streaming company Roku in a stock and cash deal valued at around $22 billion. Fox said the deal would create a media and technology company positioned around two trends reshaping video consumption: the continued appeal of live sports and news, and the growth of streaming. Fox says the deal will create the third-largest television company in the United States. …
Original source: TechCrunch