Fox Corporation to Acquire Roku for About $22 Billion
The acquisition merges a major broadcaster with a leading streaming platform, consolidating connected TV reach and potentially reshaping how anime and other content is distributed to Roku's user base.
Reporting from 1 sources: Anime News Network.
Fox Corporation and Roku announced a definitive agreement for Fox to acquire Roku for about $22 billion in enterprise value, combining cash and stock. The deal is expected to close in the first half of 2027. Roku's platform streams anime and allows access to services like Crunchyroll.
The boards of both companies have unanimously approved the transaction. Under the terms, Roku shareholders will receive $96.00 per share in cash and 0.9693 shares of Fox Class A common stock, totaling about $160.00 per share. Fox shareholders are expected to own roughly 73% of the combined entity, with Roku shareholders holding the remaining 27%. Roku founder Anthony Wood will stay on at the combined company and join Fox's board after closing. Fox previously bought the Tubi streaming service in 2020 for around $440 million.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.
Sources
- Anime News Network News Fox Corporation to Acquire Roku