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Fox Makes $22 Billion Bet on Streaming With Roku Acquisition

NEW YORK, 15 June 2026 — Media giant Fox Corporation has agreed to acquire streaming platform operator Roku Inc. in a cash-and-stock transaction valued at approximately US$22 billion, marking Fox’s biggest strategic move yet to strengthen its position in the rapidly evolving streaming landscape.

The acquisition will give Fox direct access to more than 100 million households using Roku’s platform, significantly expanding the company’s digital reach as consumers continue shifting away from traditional cable television.

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  • Kay like to explores the intersection of money, power, and the curious humans behind them. With a flair for storytelling and a soft spot for market drama, she brings a fresh and sharp voice to Southeast Asia’s business scene.
    Her work blends analysis with narrative, turning headlines into human stories that cut through the noise. Whether unpacking boardroom maneuvers, policy shifts, or the personalities shaping regional markets, Kay offers readers a perspective that is both insightful and relatable — always with a touch of wit.

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