Fox Corp Faces Extended DOJ Review for Roku Deal Amid Strong Fiscal 2026 Results

Key Facts

1Fox Corp's proposed acquisition of Roku is undergoing an extended 30-day regulatory review by the U.S. Department of Justice.

2Fox expects the merger to close in the first half of calendar 2027 despite the ongoing regulatory scrutiny.

3Fox Corp reported fiscal 2026 revenue of $17.13 billion, representing a 5% year-over-year increase.

Fox Corp's proposed acquisition of Roku is undergoing an extended 30-day regulatory review by the U.S. Department of Justice, AD HOC NEWS reported. Despite the ongoing scrutiny, Fox stated it still expects the merger to close in the first half of calendar 2027, subject to the necessary regulatory and stockholder approvals.

The company reported strong fiscal 2026 results, with total revenue increasing 5% year-over-year to $17.13 billion. For the fiscal fourth quarter ended June 30, 2026, revenue rose 28% to $4.21 billion, supported by a 35% growth in Tubi revenue and a milestone of 110 million monthly active users for the streaming service by fiscal year-end.