GoKawiilFox finalizes $22 billion acquisition of Roku
Fox has officially completed its $22 billion purchase of Roku, closing one of the largest media deals in recent years. Fox says the combined company is now the third-largest television business in the U.S. by viewership, with Roku founder Anthony Wood remaining to lead the streaming platform's continued development. The deal closed far ahead of schedule, after the companies had originally projected completion in the first half of 2027.
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The deal gives Fox direct access to Roku's more than 100 million households, which could help the company sharpen ad targeting and lean more heavily on connected TV as traditional broadcast distribution declines. The early closing, despite a Justice Department second request for antitrust information two months ago, suggests regulators moved through their review faster than expected. The outcome may encourage further consolidation between legacy broadcasters and streaming platforms.
- Fox has closed its $22 billion acquisition of Roku, originally announced in June.
- Fox says the combined company is now the third-largest U.S. TV business by viewership.
- The deal closed years ahead of the initially projected 2027 timeline despite antitrust scrutiny.
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Published there as: “Fox completes its $22B acquisition of Roku”
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