Fox to acquire Roku in $22 billion deal

“I’m incredibly proud of what our team has built, and the combination with Fox is an extraordinary opportunity to accelerate our vision, scale faster and innovate more aggressively for viewers, partners and advertisers,” said Roku founder and CEO Anthony Wood. “I couldn’t be more excited about what we’ll accomplish together.”

The deal has been approved by the boards of directors of both companies and is expected to close in the first half of 2027. Fox says it obtained a $12 billion loan for the acquisition.