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FOX CORPORATION COMPLETES ACQUISITION OF ROKU

PR Newswire•06/11/2026•09:11 ET
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Key Highlights

  • ➤FOX completes acquisition of Roku, creating a scaled media and technology company
  • ➤FOX expects approximately $400 million in run-rate cost synergies within two years
  • ➤Roku platform continues reaching more than 100 million households worldwide
  • ➤Roku stockholders receive $95.30 cash and 0.9799 FOX Class A shares per share
  • ➤Former Roku stockholders own approximately 26% of FOX common stock

Expert Statements

Lachlan K. Murdoch, Executive Chair and Chief Executive Officer of Fox Corporation

“The closing of this acquisition advances the long-term strategy of FOX. Beginning today, our top priority for the combined company is to continue to relentlessly serve audiences and partners, while reinforcing the openness and choice that is the essence of the Roku platform. Our shared entrepreneurial passion and clear conviction toward building the future together with our new Roku colleagues gives us great confidence in the opportunities ahead of us.”

Anthony Wood, Founder of Roku

“We started Roku more than two decades ago to give people a better way to watch TV, and that mission doesn't change today. What does change is our reach and resources. FOX has a deep respect for Roku's culture and wholly shares our commitment to staying open to every content partner. Our teams will keep building and innovating as they always have, now with the support and capabilities of FOX behind us. I'm proud of what Roku's employees have built, and I'm excited about what comes next.”

FOX Is Now One of the Leading Streaming Businesses in the U.S., Inclusive of Roku, Tubi and FOX One

Roku's Open Distribution Platform to Continue Serving More Than 100 Million Households Worldwide, with Access to Thousands of Apps and Channels Across the Streaming TV Ecosystem

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