Fox to buy Roku in $22 billion streaming deal

4 hours ago 1

The world of streaming just got a big corporate makeover.

In a press release on Monday, Roku, a major streaming company, announced it would be acquired by Fox for $22 billion. The idea, per the press release, is to combine Fox's extensive media empire (which includes lots of live sports and news content) with Roku's enormous reach as a streaming platform and hardware provider.

Fox and Roku said that Roku's streaming platform, whether it's thro...

Source: https://mashable.com/tech/fox-buys-roku-22-billion-streaming-deal

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