Fox to buy Roku
Summary
Fox is reportedly acquiring Roku, a major streaming device and platform company.
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Fox is buying Roku
Fox is acquiring Roku for $22 billion, combining Fox's content with Roku's platform to become the third-largest player in the US TV industry.
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Fox announces it is acquiring Roku for $22 billion, gaining control over one of the most popular streaming platforms and access to user data, with plans to integrate Fox content and increase revenue. The deal raises concerns about political alignment and data privacy under Lachlan Murdoch's leadership.
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