{
  "id": 18529801,
  "title": "Fox completes its $22B acquisition of Roku",
  "url": "https://urgent.news/2026/11/06/fox-completes-its-22b-acquisition-of-roku",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-06T16:05:36.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/11/06/fox-completes-its-22b-acquisition-of-roku/"
  },
  "original_language": "en",
  "account": "Fox has finalized a $22 billion acquisition of streaming platform Roku, solidifying the deal and bolstering the company's position in the highly competitive connected TV and streaming market. The acquisition, announced on Friday, makes Roku, a company founded in 2002, a formally owned subsidiary of Fox. The combined entity now holds the third-largest television business in the U.S. by viewership, according to Fox.\n\nRoku founder Anthony Wood stated that the merger maintains the company's original mission of providing users with an improved TV-watching experience while offering increased reach and resources. \"Our teams will keep building and innovating as they always have, now with the support and capabilities of Fox behind us,\" Wood added in a statement.\n\nThis acquisition grants Fox direct access to Roku's extensive reach of over 100 million households. The company anticipates that this expanded audience will enhance its advertising targeting capabilities, strengthen its position in the rapidly growing connected TV sector, and lessen its dependence on traditional TV distribution. The news of the acquisition reached the public two months after the U.S. Justice Department issued a second request for information, triggering an antitrust review.\n\nInterestingly, the deal concluded ahead of schedule, surpassing the initial projected completion date of the first half of 2027. Reports had suggested earlier this month that the acquisition was nearing approval by U.S. regulatory authorities.",
  "summary": "A few months after DOJ investigators were probing the deal, Fox just completed its $22B acquisition of the streaming giant Roku.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Fox closes its $22B Roku acquisition well ahead of the expected 2027 date; Anthony Wood joins Fox's board and co-chairs a new unit with Tubi, Fox One, and Roku (Todd Spangler/Variety)",
        "url": "https://urgent.news/2026/11/06/fox-closes-its-22b-roku-acquisition-well-ahead-of-the-expected-2027",
        "published": "2026-11-06T15:30:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}