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ResolvedMergers & Acquisitions

Fox Corp to Acquire Roku in $22 Billion Deal to Accelerate Streaming Growth

First Detected: Jun 15, 2026, 3:17 PM
Last Update: 3 months ago
24 articles·2 stories

Event Summary

Fox Corp has agreed to acquire streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion, including debt. Roku shareholders will receive $160 per share, while Fox shares fell 10.81% in premarket trading following the announcement. The strategic move aims to merge the Tubi and The Roku Channel platforms to enhance digital advertising reach and connected-TV scale.

Timeline

Fox to Acquire Roku in $22 Billion Deal to Scale Streaming and Ad Reach
Jun 16, 2026, 4:50 PMImpact: 7
Fox Shares Slump to Bottom of S&P 500 as Debt Concerns Mount Over Roku Deal
Jun 15, 2026, 3:17 PMImpact: 8

Price Impact

Since event start
FOXA+19.47%
ROKU+12.69%