From The Hollywood Reporter · Winston Cho · · 1m
Fox Keeps Roku Open to Rivals After DOJ Approval
Fox agrees to keep Roku open to rivals after Justice Department greenlights $22 billion acquisition.
In brief
Fox agrees to keep Roku open to rivals after Justice Department greenlights $22 billion acquisition. Fox Corp. will remain open to competitors on Roku for at least three years after Justice Department approved its $22 billion acquisition of the streaming platform. Originally reported by The Hollywood Reporter.
Justice Department Approval
The Justice Department greenlit Fox Corp.'s $22 billion acquisition of Roku after finding the deal unlikely to harm competition in free streaming.
“The Justice Department concluded that the deal is "not likely to result in harm to competition" in free, ad-supported streaming.”
Fox's Concessions to Regulators
Fox will carry non-Fox movies and TV shows for three years, prevent rivals from being pushed down in search results, and share audience data with third parties.
Roku's Competitive Safeguards
Roku must maintain data privacy protections for user search, watch, and click history until at least 2029 to prevent sharing sensitive information with rivals.
Fox's Streaming Power
Fox gains control of Roku's distribution platform, which reaches millions of households via TVs and apps from Netflix, YouTube, and Disney+.
Here's the gist
Fox Corp. will remain open to competitors on Roku for at least three years after Justice Department approved its $22 billion acquisition of the streaming platform.
