Streaming hardware, software and services giant; owner of The Roku Channel and Howdy
Fox has signed a cash-and-stock agreement to acquire Roku, valuing the company at about $22 billion. The deal will grant Fox access to Roku’s platform and data, while Roku shareholders will own a minority stake in the combined company. Regulatory approval and shareholder votes are still required, with closing expected in early 2027.
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.
Comcast has announced a tax-free spin-off that will separate NBCUniversal and Sky into a standalone, publicly traded media company while leaving Comcast focused on broadband, wireless and business services. The company has said the separation will complete in about a year, executives told investors, and Comcast will initially keep up to 19.9% of the new media group.
Netflix has reported improved earnings for the June quarter and is forecasting solid near-term revenue growth. The company is targeting ad-supported revenue this year and is shifting engagement reporting to once a year from 2027, as it leans into live events and new content formats to sustain growth.
NBCUniversal and YouTube strike a multi-year deal to integrate Peacock Premium into YouTube Premium in the U.S. from early 2027. Peacock content will be accessible inside YouTube without extra charge for Premium subscribers, with live sports and NBCU shows featured. The move aims to broaden Peacock’s reach, boost ads, and strengthen YouTube Premium’s offering.
Spotify has announced it will add an "AI Persona" badge to artist profiles from mid‑September to flag identities that do not represent real people. The badge will appear on profiles, search and track rows; such artists will be excluded from editorial and personalized recommendations by default, and can self‑disclose or appeal Spotify's decision.
Roku has introduced its first OLED TVs, the Pro Series and Pro Series LX, priced aggressively to challenge LG and Samsung. The 55" and 65" models are available now on Amazon, with LX offering brighter panels and 144Hz VRR. Roku claims competitive pricing, backlit remotes, and a user-friendly OS to appeal to home-theater fans.