Fox's $22 Billion Purchase of Roku Gets Shareholder Nod

WHO:

Techmeme - Shareholders of Fox Corp. and Roku

Deadline - Lachlan Murdoch, CEO of Fox

WHAT:

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

Deadline - The acquisition was approved at special meetings of shareholders for both companies.

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

WHEN:

Techmeme - Fox expects the deal to be completed in H1 2027, pending regulatory clearance.

Deadline - The deal was announced in June.

WHY:

Deadline - The acquisition aims to enhance Fox's streaming capabilities.

HOW:

Techmeme - The acquisition will be executed through a combination of cash and stock.

(UPDATED October 14, 2026 23:58 UTC)

Fox Corp. is set to acquire Roku for an impressive $22 billion, following approval from shareholders of both companies. The majority of investors voted in favor of the deal, which is expected to be finalized in the first half of 2027, pending regulatory clearance. This acquisition aims to enhance Fox's streaming capabilities and will be executed through a combination of cash and stock.