Fox Finalizes A$32 Billion Acquisition of Roku Ahead of Schedule
· 31h ago · Originally reported by ChannelNews.com.au
Fox has completed its acquisition of Roku for A$32 billion earlier than initially planned. The deal brings together Fox's media assets with Roku's streaming and connected TV platform.
Why it matters
This merger could reshape the connected TV and digital advertising landscape by combining a major content provider with a leading streaming technology platform.
Explain it like I’m new here
It's like a big TV channel buying the company that makes your smart TV menus, so they can show you more of their shows and ads.
The deal
Fox → Roku · acquisition · completed
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Read the original at ChannelNews.com.au
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