Fox buys Roku at $22 Billion Deal

If you have a Roku stick or Roku Smart TV in your living room or Bedroom, the streaming landscape is about to change forever. In a massive breaking news announcement, Fox Corporation has officially agreed to acquire Roku in a staggering $22 billion deal.

This acquisition is one of the largest in television history and instantly shifts the balance of power in the streaming world. But why did Fox buy Roku, and more importantly, what does this mean for your daily streaming experience? Here is everything you need to know.

Fox and Roku Deal Update

Fox is paying $160 per share in a combination of cash and stock to acquire Roku. The entire transaction values Roku at approximately $22 billion.

Fox already owns Tubi App, one of the most popular free ad-supported streaming TV (FAST) services. By combining Tubi’s massive library with The Roku Channel and Roku’s hardware dominance, Fox will instantly reach over 100 million global streaming households.

Will Your Roku Device Still Work?

You will not lose access to your favorite third-party apps. Fox and Roku executives have publicly confirmed that they are committed to keeping Roku as an open, partner-friendly platform. This means you will still be able to seamlessly stream from Netflix, Hulu, Amazon Prime Video and More.

Read More: How to Pair Roku Remote with TCL TV

While your favorite apps aren’t going anywhere, you will likely notice some major shifts in the Roku ecosystem once the deal officially closes in the first half of 2027.

For More Update, Watch this video.