From Variety · Todd Spangler · · 50s
Fox Closes $22 Billion Roku Takeover
Fox completes $22 billion acquisition of streaming platform Roku ahead of 2027 deadline.
In brief
Fox completes $22 billion acquisition of streaming platform Roku ahead of 2027 deadline. Fox Corp. finalized a $22 billion deal to acquire Roku, with Anthony Wood joining Fox's board as co-chair of its new digital platforms division. Originally reported by Variety.
Fox Acquires Roku
Fox Corp. closed a $22 billion deal to acquire streaming platform Roku, well ahead of the expected 2027 completion date.
Anthony Wood Joins Fox Board
Roku founder and CEO Anthony Wood will serve as co-chair of Fox Digital Platforms, a newly formed division including Roku, Tubi, and other digital services.
New Digital Division Structure
Fox Digital Platforms will be co-chaired by Anthony Wood and Paul Cheesbrough, who assumes the role of CEO for the division.
The big picture
Fox Corp. finalized a $22 billion deal to acquire Roku, with Anthony Wood joining Fox's board as co-chair of its new digital platforms division.
