American TV production arm of Fox Corporation
Fox Corp. has agreed to acquire Roku for about $22 billion in a cash-and-stock deal valuing Roku at $160 per share. The boards of both companies have approved the transaction; the combined company will pair Fox's live news and sports and Tubi with Roku's OS, devices and The Roku Channel, and is expected to close in the first half of 2027.
Netflix’s Enola Holmes 3 sees Millie Bobby Brown return as Enola Woods in a Malta-set mystery that trails the earlier films in energy and scale. The film keeps a smart streak but feels leaner and less essential than its predecessors, with a plot that is steady but not groundbreaking.
TikTok is expanding beyond social video to include shopping, travel bookings, and payments, signaling a move toward a “super app” model. Separate microdrama deals show investors betting on AI-assisted, mobile-first storytelling as a growing entertainment niche, while studios and networks explore vertical formats and creator-owned IP.