Tubi in the spotlight as Fox’s ad-supported streamer eyes growth amid shifting streaming prices and deals. Owned by Fox Corp, based in SF.
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 that values Roku at $160 a share. The boards have approved the transaction, which will combine Fox's news, sports and Tubi with Roku's CTV platform and The Roku Channel; the deal is expected to close in the first half of 2027.