Fox Acquires Roku in $22 Billion Deal
A $22B acquisition reshaping the US streaming landscape -- Roku reaches 100M+ households. The deal pairs Fox's live sports and news with Roku's platform, creating the third-largest US TV company and directly affecting how tens of millions of Americans watch TV.
The Morning Brief Desk · June 15, 2026 · Based on reporting by AP News · Updated June 18, 2026
Fox Corp. agreed Monday to acquire streaming platform Roku Inc. in a cash-and-stock deal valued at approximately $22 billion. Roku's platform reaches more than 100 million households, making it one of the most widely used streaming interfaces in the United States.
The combined company would become the third-largest television company in the United States, pairing Fox's live sports and news programming with Roku's distribution scale. Fox content will receive elevated placement on the Roku platform once the deal closes -- a real edge in a streaming market where getting found is half the battle.
Sources
AP News — Fox buying streaming platform Roku in cash-and-stock deal worth about $22 billion
Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion.
The Verge — Fox is buying Roku
Fox has announced that it's acquiring Roku outright, in a deal that values the streaming company at $22 billion. Once the deal is complete, Fox content will be promoted more heavily than before on Roku.
TechCrunch — Fox to acquire Roku in $22 billion deal
Fox says the deal will create the third-largest television company in the United States.
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