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Fox Acquires Roku for $22 Billion
The Verge·
Fox is set to significantly expand its reach by acquiring Roku in a $22 billion deal, potentially influencing over 100 million households globally. This acquisition positions Fox to control a substantial part of the streaming landscape, acting as a gateway to numerous popular services. While Roku's user interface may remain unchanged, the move raises questions about Fox's access to user data. Fox intends to integrate its content, including sports and news, onto the Roku platform, aiming to bolster its business by leveraging Roku's extensive user base and smart TV presence.
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acquisition
fintech
Original Source
The Verge — theverge.com