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FrontRow · Nov 8, 2026

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Fox Corp. announced it had completed its $22 billion deal to take over Roku, one of the leading smart TV companies. “Beginning today, our top priority for the combined company is to continue to relentlessly serve audiences and partners, while reinforcing the openness and choice that is the essence of the Roku platform,” Lachlan Murdoch, executive chair and CEO of Fox Corp., wrote in a news release.The company's announcement said the combination of FOX's live sports, news and local programming with Roku's open connected TV platform reaching over 100 million households will create "new opportunities for the company to serve its viewers, advertisers and partners." FOX expects to achieve about $400 million of run-rate cost synergies within two years of the transaction's close, with additional potential revenue upside, and will be accretive to free cash flow per share by the second full year after closing.

Fox Corp. announced it had completed its $22 billion deal to take over Roku, one of the leading smart TV companies. “Beginning today, our top priority for the combined company is to continue to relentlessly serve audiences and partners, while reinforcing the openness and choice that is the essence of the Roku platform,” Lachlan Murdoch, executive chair and CEO of Fox Corp., wrote in a news release.The company's announcement said the combination of FOX's live sports, news and local programming with Roku's open connected TV platform reaching over 100 million households will create "new opportunities for the company to serve its viewers, advertisers and partners." FOX expects to achieve about $400 million of run-rate cost synergies within two years of the transaction's close, with additional potential revenue upside, and will be accretive to free cash flow per share by the second full year after closing.

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