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The Vergetheverge.com

Pour one out for Roku City (opens original article in a new tab)

TL;DR

Fox Corporation aims to acquire Roku for $22 billion, seeking to expand its media influence by integrating Fox content into Roku's platform, pending regulatory approval.

  • Fox Corporation plans to acquire Roku for $22 billion to expand its media empire.
  • The merger would give Fox access to Roku's 100 million households and allow Fox content to be more prominently featured on Roku's platform.
  • Regulatory approval is still needed for the deal, which is expected to be cleared due to the Department of Justice's recent stance on media mergers.

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