Fox Corporation has officially completed its USD 22 billion acquisition of Roku, bringing one of America's biggest streaming platforms under its ownership in November 2026.
A Bigger Streaming Business
The deal combines Fox's news, sports and entertainment portfolio with Roku's streaming technology, creating a major player in America's connected television market.
More Than 100 Million Households
Roku gives Fox access to more than 100 million global streaming households, helping the media company reach larger audiences through connected television services.
Tubi and Roku Join Forces
Fox now brings Roku, Tubi, and FOX One under its digital platforms division, strengthening its position in both free and subscription-based streaming markets.
Advertising Gets a Major Boost
Fox can use Roku's advertising technology and viewer insights to improve ad targeting, attract advertisers and create new revenue opportunities across streaming platforms.
Will Roku's User Experience Change?
Roku plans to maintain its open streaming ecosystem, allowing viewers to access thousands of apps and channels without limiting choices to Fox-owned content.
New Leadership Structure
Roku founder Anthony Wood joins Fox's board and will co-lead FOX Digital Platforms alongside Paul Cheesbrough, overseeing its growing collection of digital businesses.
USD 400 Million in Expected Savings
Fox expects to achieve approximately USD 400 million in annual cost synergies within two years, while aiming to improve its financial performance and streaming business.
What Happens to Competition?
The DOJ closed its antitrust investigation after Fox committed to protecting Roku's open platform, including non-Fox content distribution and neutral search results.