Fox and Roku Shareholders Greenlight $22 Billion Merger

WHO:

Variety - Shareholders of Fox Corp. and Roku approved the merger.

WHAT:

Variety - Fox Corp. is acquiring Roku for $22 billion.

Variety - The majority of shares owned by Fox Corp. and Roku investors voted in favor of the deal.

WHERE:

Variety - The special meetings of shareholders took place at separate locations for Fox Corp. and Roku.

WHEN:

Variety - The shareholder votes occurred on a Wednesday.

WHY:

Variety - The acquisition is part of Fox's strategy to expand its presence in the streaming market.

HOW:

Variety - The approval was achieved through separate special meetings where shareholders cast their votes.

(UPDATED October 14, 2026 22:03 UTC)

Fox Corp. is set to acquire Roku for a staggering $22 billion, following the approval from shareholders of both companies. The majority of shares owned by Fox Corp. and Roku investors voted in favor of the deal during separate special meetings held at different locations. This acquisition is a strategic move by Fox to enhance its presence in the competitive streaming market.