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Both Sides Of Fox's $22B Roku Acquisition Call It A Streaming Win-Win, But Wall Street Has Questions
Deadline· 2026-06-15 23:00
Murdoch called Roku and Tubi, a free streaming platform Fox acquired in 2020, "incredibly complementary" services, with about a one-third overlap in audience. Initially, he added, the plan will be to maintain them as distinct brands and businesses. Roku's own free destination, the Roku Channel, is mainly FAST programming, while 90% of Tubi viewing is on-demand. Top executives from Fox Corp. and Roku say Fox's $22 billion acquisition of the streaming giant is a win-win transaction, but Wall Street appears to ...