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Fox Buys Roku for $22 Billion in a Deal That Reshapes Streaming
MarketWatch·Tuesday, 16 June 2026
Roku's stock hit a four-year high after the company agreed to be acquired by Fox in a deal valued at $22 billion. The acquisition marks a major move by Fox into the streaming hardware and platform space.
Why It Matters
This deal signals that traditional media companies are doubling down on streaming infrastructure, a trend that affects how content is distributed globally — including in India's fast-growing OTT market.
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