Fox acquires Roku for $22 billion, raising concerns about future of free streaming services
By
Malcolm McMillan
Summary
Fox has announced a $22 billion deal to acquire Roku, expected to close in the first half of 2027. The acquisition raises concerns because Fox owns Tubi (one of the best free streaming services) and Roku owns the Roku Channel. The merger could potentially eliminate or consolidate these free streaming platforms, negatively impacting consumers who rely on free ad-supported streaming.
Source
bskyFox acquires Roku for $22 billion, raising concerns about future of free streaming servicestomsguide.comKey quotes
· 5 pulledFox just announced a deal to acquire Roku, and it could shake up the streaming world in a major way.
The deal, which is a $22 billion megadeal, is set to go through in the first half of 2027, so its impacts won't be felt right away.
But once it closes, it could eliminate one of the best free streaming services entirely.
The issue here is that Fox owns Tubi, which is probably the best free streamer out there at this point.
Roku, meanwhile, owns the Roku Channel, which is good, but not quite as good as Tubi.
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