Fox Corp.

“Fox agreed to buy Roku in a roughly $25 billion deal, combining its Tubi, Fox One, and Fox Nation streaming businesses with the largest connected-TV streaming platform as media companies race for scale in ad-supported streaming.”

“Fox agreed to acquire Roku in a cash-and-stock deal valuing the streaming platform provider at around $22 billion.”

“Fox Corp.'s $22 billion acquisition of Roku represents a landmark bet that owning the pipe to consumers is as valuable as owning the content itself.”