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Fox to buy Roku in $22 billion deal to accelerate shift to digital
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Fox to buy Roku in $22 billion deal to accelerate shift to digital

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Fox signed an agreement to acquire Roku in a deal valued at about $22 billion, the companies said.

Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a ⁠bet that pairing its sports and news programming with a top TV streaming ​platform will strengthen ​its position as ​audiences shift online. The deal, announced on Mon... [1512 chars]

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Source: CNBC

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