Overview
- Fox closed the acquisition on Friday, Nov. 6, 2026, and immediately launched a new Fox Digital Platforms division that groups Roku with Tubi, Fox One and Red Seat Ventures.
- Anthony Wood, Roku’s founder, will join Fox’s board and serve as co‑chair of the new division alongside Paul Cheesbrough, who will act as its co‑chair and chief executive.
- The purchase was priced at $160 per Roku share and financed with about $14.2 billion in cash and the remainder in Fox Class A shares as agreed in June.
- Fox and Roku said the company will remain an open platform, that existing Roku devices will keep receiving updates, and that Fox will not give automatic preferential placement to its own apps.
- The deal instantly boosts Fox’s reach into more than 100 million households and its digital advertising inventory, and it follows a DOJ review that cleared the transaction in under five months, raising new questions about platform neutrality and ad strategy.