{"id":2460994,"date":"2026-06-15T21:37:00","date_gmt":"2026-06-15T21:37:00","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2460994"},"modified":"2026-06-15T21:37:00","modified_gmt":"2026-06-15T21:37:00","slug":"fox-buys-roku-for-22-billion-to-create-next-generation-media-technology-company-just-jared-celebrity-news-and-gossip","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/fox-buys-roku-for-22-billion-to-create-next-generation-media-technology-company-just-jared-celebrity-news-and-gossip\/","title":{"rendered":"FOX Buys Roku for $22 Billion to Create &#8216;Next-Generation Media &#038; Technology Company&#8217; &#8211; Just Jared &#8211; Celebrity News and Gossip"},"content":{"rendered":"<p><\/p>\n<div id=\"post-2230206\">\n<p>\t\t\t\t<!-- Franchise logo or primary category --><\/p>\n<p>\t\t\t\t<!-- post title --><\/p>\n<p><!-- \/post title --><\/p>\n<p><!-- subheader --><\/p>\n<p>\t\t\t\t<!-- post thumbnail --><\/p>\n<figure class=\"tpd-post-thumbnail-container caption_belowImage credit_onImage\"><figcaption><span class=\"credit-text\">Credit: Roku<\/span><\/figcaption><\/figure>\n<p>\t\t\t\t\t\t\t\t<!-- \/post thumbnail --><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.justjared.com\/tags\/fox\/\" class=\"celebrity-tag-link\"><strong class=\"celebrity-tag-strong\">FOX<\/strong><\/a> is acquiring <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.justjared.com\/tags\/roku\/\" class=\"celebrity-tag-link\"><strong class=\"celebrity-tag-strong\">Roku<\/strong><\/a> for billions of dollars.<\/p>\n<p>The companies agreed to an acquisition of $160 per share, valuing Roku at about $22 billion in enterprise value, they confirmed in <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/newsroom.roku.com\/news\/2026\/06\/fox-corporation-to-acquire-roku-inc-\/ishjvytb-1781489389\">a press release<\/a> on Monday (June 15).<\/p>\n<p>\u201cTogether, FOX and Roku will create a scaled next-generation media and technology company positioned at the intersection of two of the most important forces reshaping video consumption: the enduring primacy of live sports and news, and the continued rise of streaming,\u201d the companies announced in their statement.<\/p>\n<p>\u201cOn a pro forma basis, the combined company will become the third-largest player in U.S. television by share of viewing, with an attractive mix of FOX\u2019s sports, news, and entertainment content, alongside streaming services Tubi and The Roku Channel.\u201d<\/p>\n<p>Fox\u2019s CEO <strong>Lachlan K. Murdoch <\/strong>said:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis is a defining moment for FOX, and a natural extension of the deliberate and focused strategy we have been executing for nearly a decade. In 2019, we reoriented the company around live news and sports. In 2020, we acquired Tubi, and under our stewardship it has become one of the most successful businesses in streaming. Today, 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. This combination will transform the scope of our company into high-growth verticals and yield a step change in our overall growth profile. And we are executing this acquisition from a position of financial strength \u2013 maintaining our investment grade balance sheet while providing our shareholders with an uninterrupted return of capital program in the form of share buybacks and dividends. Roku pioneered streaming TV and scaled it into a leading CTV platform. Together, we intend to lead its next chapter.\u201d<\/p>\n<\/blockquote>\n<p>Roku\u2019s <strong>Anthony Wood<\/strong> adds:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cOver the past two decades, we\u2019ve built Roku into the leading TV streaming platform, reaching more than 100 million households globally and reshaping how people discover and enjoy entertainment. I\u2019m incredibly proud of what our team has built, and the combination with FOX is an extraordinary opportunity to accelerate our vision, scale faster, and innovate more aggressively for viewers, partners, and advertisers. That\u2019s why our Board of Directors unanimously determined after concluding its strategic review process that this transaction offers a significant premium to Roku shareholders while also providing them with the opportunity to participate in the compelling future upside of the combined company. I couldn\u2019t be more excited about what we\u2019ll accomplish together.\u201d<\/p>\n<\/blockquote>\n<p>In other streaming news, HBO Max and Paramount+ <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.justjared.com\/2026\/03\/02\/hbo-max-paramount-to-be-combined-into-single-service-once-merger-is-finalized\/\">will be combined<\/a> once the merger between Paramount Skydance and Warner Bros. Discovery is complete.<\/p>\n<p class=\"categories single-categories\">Posted To:<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.justjared.com\/tags\/fox\/\" rel=\"tag\">Fox<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.justjared.com\/tags\/roku\/\" rel=\"tag\">Roku<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.justjared.com\/tags\/television\/\" rel=\"tag\">Television<\/a><\/p>\n<\/p><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.justjared.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit: Roku FOX is acquiring Roku for billions of dollars. The companies agreed to an acquisition of $160 per share, valuing Roku at about $22 billion in enterprise value, they confirmed in a press release on Monday (June 15). \u201cTogether, FOX and Roku will create a scaled next-generation media and technology company positioned at the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2460995,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[],"class_list":["post-2460994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/06\/FOX-Buys-Roku-for-22-Billion-to-Create-Next-Generation-Media.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2460994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2460994"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2460994\/revisions"}],"predecessor-version":[{"id":2460997,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2460994\/revisions\/2460997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2460995"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2460994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2460994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2460994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}