From the “I didn’t see this on my BINGO card” department comes this story from CNN where Fox is purchasing Roku for $22 billion:
The transaction makes Fox a much more competitive streaming player, combining Fox’s sports, news and entertainment shows, as well its free Tubi streaming service, with Roku’s devices and popular services that reach 100 million people.
Fox has dabbled in streaming over the past few years — finally launching its Fox One competitor last August — 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 receiving initial US regulatory approval to combine with Paramount, Fox’s purchase of Roku became more urgent.
According to Nielsen’s metrics, YouTube is by far the top-viewed entertainment platform with Netflix in second.
The acquisition is expected to complete in the first half of next year, subject to approval from Fox and Roku shareholders, as well as regulators. And it will take Roku to a third of households that have streaming which is nothing to sneeze at. I guess that I will wait and see how this shakes out. I have been going with Roku because they are the only people other than the Apple TV who show Fitness+ metrics on screen. Though they have been slightly less objectionable than Google when it comes to advertising. This purchase may now push me to go Apple TV all the things which isn’t a bad thing at all.
Fox Buys Roku For $$22 Billion
Posted in Commentary with tags Fox, Roku on June 15, 2026 by itnerdFrom the “I didn’t see this on my BINGO card” department comes this story from CNN where Fox is purchasing Roku for $22 billion:
The transaction makes Fox a much more competitive streaming player, combining Fox’s sports, news and entertainment shows, as well its free Tubi streaming service, with Roku’s devices and popular services that reach 100 million people.
Fox has dabbled in streaming over the past few years — finally launching its Fox One competitor last August — 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 receiving initial US regulatory approval to combine with Paramount, Fox’s purchase of Roku became more urgent.
According to Nielsen’s metrics, YouTube is by far the top-viewed entertainment platform with Netflix in second.
The acquisition is expected to complete in the first half of next year, subject to approval from Fox and Roku shareholders, as well as regulators. And it will take Roku to a third of households that have streaming which is nothing to sneeze at. I guess that I will wait and see how this shakes out. I have been going with Roku because they are the only people other than the Apple TV who show Fitness+ metrics on screen. Though they have been slightly less objectionable than Google when it comes to advertising. This purchase may now push me to go Apple TV all the things which isn’t a bad thing at all.
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