Fox is buying Roku in latest streaming TV consolidation deal. Stock prices fall for both companies
Culture Index
Score Breakdown
Relevance
18/25
Freshness
8/25
Authority
25/20
Brand Signal
5/15
Depth
4/15
5-Axis Cultural Radar
The streaming and media wars continue with yet another big acquisition: Fox Corporation is acquiring Roku for $22 billion. The two companies announced the deal before markets opened on Monday morning, with Fox saying it will pay $160 per share in a purchase that will combine cash and Fox stock. The deal is expected to close next year. Roku is perhaps most widely known for its streaming devices and
