Connected TV platform with 100M+ global subscribers being acquired by 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.”
Source→“Fox agreed to acquire Roku in a cash-and-stock deal valuing the streaming platform provider at around $22 billion.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.