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Fox Corporation to Acquire Roku for $25 Billion
Fox Corporation will buy Roku and its channel in a $25 billion deal that includes $12 billion in new borrowing. The transaction gives Fox control of more than 100 million streaming households.
Jun 15, 1:57 PM·1m read2 sources
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Fox Corporation announced on June 15, 2026, that it will acquire Roku in a transaction valued at $25 billion. The deal includes Roku’s namesake channel and customer data. Fox is borrowing $12 billion to finance the purchase.
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The acquisition will give the company direct distribution control over more than 100 million global streaming households. Roku will continue to operate as a standalone platform after the acquisition, Fox said in a statement. U.S. Television by share of viewing.
The Roku Channel accounts for 3 percent of all streaming viewership in the United States, according to Nielsen data. That places it fifth behind YouTube, Netflix, Disney, and Amazon’s Prime Video.
Roku’s advertising revenue reached $613 million in the first quarter of 2026, up 27 percent from the same period a year earlier, Reuters reported. Fox said adding Roku’s user base is expected to strengthen its targeted advertising efforts. Fox shares fell as much as 18 percent in trading on June 15.
The final terms value Roku at an 11 percent premium to its closing share price on June 12. Fox Corporation’s stock trades under the ticker FOXA. Roku’s stock trades under the ticker ROKU.
