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Fox Is Buying Roku for $22 Billion — A Media Giant Just Got Control of Your TV's Brain
The Verge·Tuesday, 16 June 2026
Fox announced it is acquiring Roku, the streaming platform used in over 100 million homes worldwide, for $22 billion. Roku acts as a portal that lets viewers access services like Netflix, Disney Plus, and Hulu. The deal may not immediately change Roku's familiar purple interface.
Why It Matters
Roku's software runs on a vast number of smart TVs globally, and this deal means a single media company will control the gateway through which hundreds of millions of people access streaming content.
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