Fox is buying Roku
The Verge
Read Full Article at The Verge →
Ad Slot — In-Article (728x90)
Fox has announced that it's acquiring Roku outright, in a deal that values the streaming company at $22 billion. Once the deal is complete, Fox content will be promoted more heavily than before on Roku streamers and smart TVs.
The deal will see Fox's TV networks and Tubi streamer combine with Roku's network of streaming devices, smart TV software, and The Roku Channel. The companies say in a press release that by combining they'll become the third-largest player in the US TV industry by viewing share.
This is a summary. For the full story, read the original article at The Verge.
Original source: The Verge