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The Zhitong Finance App learned that Fox (FOXA.US) announced on Friday that it has completed a $22 billion acquisition deal for the streaming platform Roku (ROKU.US). The acquisition combines Fox's live sports events, news, and local TV programs with Roku's smart TV platform to further expand Fox's business footprint in the streaming media market and create a TV and streaming giant covering more than 100 million households.
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The Zhitong Finance App learned that Fox (FOXA.US) announced on Friday that it has completed a $22 billion acquisition deal for the streaming platform Roku (ROKU.US). The acquisition combines Fox's live sports events, news, and local TV programs with Roku's smart TV platform to further expand Fox's business footprint in the streaming media market and create a TV and streaming giant covering more than 100 million households.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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