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June 16, 2026

Fox to buy streaming pioneer Roku in a $22 billion deal

By MICHELLE CHAPMAN
AP Business Writer

NEW Y0RK — Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt.

Roku will continue to be run as an open, partner-friendly platform, the companies said Monday, and there appears to be no immediate changes that customers will see. Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.


 
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