GoKawiil
Tech News
Fox Corporation has finalized its $22 billion purchase of Roku, first announced in June, after the Justice Department cleared the deal following review. Roku, which reaches more than 100 million households and also owns Tubi, will be folded into a new Fox Digital Platforms division co-led by Roku founder Anthony Wood, who joins Fox's board.
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.