Fox Completes $22B Roku Deal Early, Roku CEO Joins Board
WHO:
Deadline - Tubi CEO Anjali Sud and Roku Media President Charlie Collier will not join Fox Corp. after the acquisition.
Techmeme - Fox Corp. acquired Roku.
Techmeme - Anthony Wood, Roku’s founder and CEO, will join Fox’s board and co-chair Fox Digital Platforms.
Deadline - Fox Corp. acquired Roku.
Variety - Roku founder and CEO Anthony Wood will join the Fox board of directors and serve as co-chair of Fox Digital Platforms.
WHAT:
Deadline - Anthony Wood and Paul Cheesbrough shared organizational updates for Fox Digital Platforms, including the executive departures.
IJR - Fox expects $400 million in annual cost savings within two years.
IJR - Roku will remain an open platform.
Techmeme - Fox closed its acquisition of Roku, a streaming platform, in a deal valued at $22 billion.
Techmeme - Fox Digital Platforms is a newly formed division that includes Roku, Tubi, and Fox One.
Deadline - The acquisition creates a “massive new player in streaming.”
Deadline - Roku shares will stop trading on the Nasdaq as of Friday.
Variety - Fox Corp. said it had closed the acquisition of streaming platform Roku, valued at $22 billion.
WHEN:
Techmeme - The acquisition closed well ahead of the expected 2027 date.
Variety - Fox said Friday that it had closed the acquisition, well ahead of the expected 2027 date.
Deadline - Roku shares are scheduled to stop trading on the Nasdaq as of Friday.
WHY:
TechCrunch - Fox completed the acquisition after U.S. Department of Justice investigators had been probing the deal.
Deadline - Fox CEO Lachlan Murdoch indicated that regulators outside the United States had approved the merger.
HOW:
IJR - The acquisition combines Fox’s programming with Roku’s connected-TV platform.
Techmeme - Fox is combining Roku, Tubi, and Fox One under the newly formed Fox Digital Platforms division.
Deadline - The deal was valued at $22 billion.
(UPDATED November 6, 2026 21:00 UTC)
Fox has completed its $22 billion acquisition of Roku, combining programming with its streaming platform. Roku founder Anthony Wood joins Fox’s board and co-chairs its new digital division. Tubi and Roku executives are departing, while Roku remains an open platform.
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(UPDATED November 6, 2026 19:01 UTC)
Fox has completed its $22 billion acquisition of Roku, combining programming with its streaming platform. Roku founder Anthony Wood joins Fox’s board and co-chairs its new digital platforms division. Fox expects $400 million in annual savings within two years; Roku will remain open.
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(UPDATED November 6, 2026 16:03 UTC)
Fox has closed its twenty-two-billion-dollar acquisition of streaming platform Roku, creating a major streaming business. Roku joins Fox Digital Platforms, alongside Tubi and Fox One, under the new division. Founder and CEO Anthony Wood will join Fox’s board and co-chair the division.