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Fox Acquires Roku in $22 Billion Deal to Form Third-Largest US Television Company

Fox Corporation has announced the acquisition of streaming platform Roku in a deal valued at $22 billion. According to the announcement, the combined entity is expected to become the third-largest television company in the United States.

The deal brings together Fox's traditional media holdings with Roku's streaming infrastructure, which powers millions of smart TVs and streaming devices across North America. Financial terms and further details regarding the integration timeline have not yet been disclosed.

Sources

TechCrunch - Fox to acquire Roku in $22 billion deal

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