Fox closes $22 billion Roku deal announced in June
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Fox and Roku said Friday the $22 billion takeover first flagged in June is complete. Roku’s US streaming footprint tops 100 million households. Fox will surface Fox Sports, news feeds, and local stations on Roku while still operating Fox One and Tubi. Chief executive Lachlan Murdoch argued merging Roku hardware, The Roku Channel, and Fox programming should lift domestic audiences, and while Fox may steer what Roku spotlights, the firms signal the platform stays an open streaming ecosystem.
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