Fox to Acquire Roku for $22 Billion to Accelerate Digital Transformation

Central Message

(Central News Agency, New York, 15th - International Wire Report) Fox Corporation will acquire Roku for approximately $22 billion in a cash-and-stock deal. The move aims to combine Fox's sports and news programming with Roku's TV streaming platform, reinforcing its position as viewers continue to shift toward online viewing.

According to Reuters, the transaction announced today will allow Fox Corp—historically reliant on cable TV operations—to directly reach over 100 million streaming households using Roku. This access is expected to enable more effective targeted advertising and reduce dependence on traditional distribution channels.

Fox is acquiring Roku at $160 per share in cash and stock, representing an 11.4% premium over Roku’s closing price on its most recent trading day. The total deal value is approximately $22 billion (about NT$694.2 billion). The transaction is expected to close in the first half of 2027.

Roku was one of the first companies to bring streaming platforms such as Netflix and YouTube to televisions via connected devices and smart TVs.

Roku’s primary revenue comes from advertising and subscription income generated through streaming apps on its platform. Advertising is the largest revenue segment, with ad revenue reaching $613 million in the first quarter of this year, up 27% year-on-year. (Translator: Gao Zhao-Fen / Reviewer: Liu Shu-Qin) 1150615

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