{"id":17584,"date":"2026-06-16T08:34:05","date_gmt":"2026-06-16T15:34:05","guid":{"rendered":"https:\/\/jasonsblog.ddns.net\/?p=17584"},"modified":"2026-06-16T08:34:05","modified_gmt":"2026-06-16T15:34:05","slug":"fox-is-buying-roku-for-22-billion","status":"publish","type":"post","link":"https:\/\/jasonsblog.ddns.net\/index.php\/2026\/06\/16\/fox-is-buying-roku-for-22-billion\/","title":{"rendered":"Fox is buying Roku for $22 billion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">We&#8217;ve long dropped expensive cable packages for a couple streaming services, and early on I bought a Roku device. I think the one we&#8217;re using is over 10 years old and their first 4k device, and it&#8217;s still updated. And their remote and software was always very good. Though, if you&#8217;re using any of these devices I&#8217;d heavily recommend setting up <a href=\"https:\/\/pi-hole.net\/\" target=\"_blank\" rel=\"noreferrer noopener\">Pi-Hole<\/a>\/<a href=\"https:\/\/docs.pi-hole.net\/guides\/dns\/unbound\/\" target=\"_blank\" rel=\"noreferrer noopener\">Unbound<\/a> DNS servers and adding telemetry, <a href=\"https:\/\/firebog.net\/\" target=\"_blank\" rel=\"noreferrer noopener\">advertising and malware blocklists<\/a>, as these devices are awfully chatty with unnecessary servers. And Pi-Hole DNS servers will make using all your devices on your local network a much better experience, especially smartphones and tablets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/edition.cnn.com\/2026\/06\/15\/business\/fox-roku\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/edition.cnn.com\/2026\/06\/15\/business\/fox-roku<\/a><\/p>\n\n\n<div class=\"wp-block-ub-divider ub_divider ub-divider-orientation-horizontal\" id=\"ub_divider_563962e3-c0c1-4d6c-9d22-93bc0112738f\"><div class=\"ub_divider_wrapper\" style=\"position: relative; margin-bottom: 2px; width: 100%; height: 2px; \" data-divider-alignment=\"center\"><div class=\"ub_divider_line\" style=\"border-top: 2px solid #ccc; margin-top: 2px; \"><\/div><\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\">By <a href=\"https:\/\/www.cnn.com\/profiles\/jordan-valinsky\"><\/a>Jordan Valinsky<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-2190735570.jpg?c=original&amp;q=w_860,c_fill\" alt=\"Roku's offices in Times Square in New York.\"\/><figcaption class=\"wp-element-caption\">Roku&#8217;s offices in Times Square in New York.Yuki Iwamura\/Bloomberg\/Getty Images<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Fox is acquiring Roku, the popular streaming TV platform, in a massive $22 billion deal, the companies announced Monday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction makes Fox a much more competitive streaming player, combining Fox\u2019s sports, news and entertainment shows, as well its free Tubi streaming service, with Roku\u2019s devices and popular services that reach 100 million people.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fox has dabbled in streaming over the past few years \u2014 finally launching its Fox One competitor last August \u2014 but has lacked a serious streaming business with the ability to compete in a space dominated by YouTube, Netflix, Amazon, Disney+, HBO Max, Paramount+ and Peacock. With CNN parent company Warner Bros. Discovery <a href=\"https:\/\/www.cnn.com\/2026\/06\/12\/media\/paramount-wbd-merger-doj-approve-trump-cbs-ellison\">receiving initial US regulatory approval<\/a> to combine with Paramount, Fox\u2019s purchase of Roku became more urgent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to <a href=\"https:\/\/www.nielsen.com\/data-center\/the-gauge\/\" target=\"_blank\" rel=\"noreferrer noopener\">Nielsen\u2019s metrics<\/a>, YouTube is by far the top-viewed entertainment platform with Netflix in second.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Combining Fox and Roku creates the \u201cthird-largest player in US television by share of viewing,\u201d the companies said a press release. Together, they will control more than a 5% share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201c<\/em>This is a defining moment for Fox, and a natural extension of the deliberate and focused strategy we have been executing for nearly a decade,\u201d said Fox CEO Lachlan Murdoch. \u201cToday, we take the next step: bringing together the most valuable live content portfolio in video consumption with the preeminent streaming platform through which America watches it.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Roku\u2019s platform also carries a number of competitor apps, a trend that will continue, Murdoch said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt\u2019s essential that Roku remain open and partner-friendly business,\u201d he said on a call with analysts. \u201cWe don\u2019t see that changing at all.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fox will buy Roku for $160 per share, a roughly 20% premium of its Thursday\u2019s closing price. On Friday, news of a potential deal elevated its stock with those gains continuing in premarket trading Monday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Roku founder and CEO Anthony Wood will have an \u201congoing role\u201d at the company and will join Fox\u2019s board of directors. He said on the call that the acquisition is \u201cnot only a terrific outcome for out shareholders, but a way for Roku to move faster and smarter with the support and resources of a strong partner.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The deal is expected to close in the first half of 2027 with the companies forecasting $400 million in savings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We&#8217;ve long dropped expensive cable packages for a couple streaming services, and early on I bought a Roku device. I think the one we&#8217;re using is over 10 years old and their first 4k device, and it&#8217;s still updated. And their remote and software was always very good. Though, if you&#8217;re using any of these [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-17584","post","type-post","status-publish","format-standard","hentry","category-tech"],"blocksy_meta":[],"featured_image_src":null,"author_info":{"display_name":"Jason","author_link":"https:\/\/jasonsblog.ddns.net\/index.php\/author\/jturning\/"},"_links":{"self":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/comments?post=17584"}],"version-history":[{"count":1,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17584\/revisions"}],"predecessor-version":[{"id":17585,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/17584\/revisions\/17585"}],"wp:attachment":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/media?parent=17584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/categories?post=17584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/tags?post=17584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}