Fox completes its $22B acquisition of Roku

In Brief Posted: 8:05 AM PST · November 6, 2026 Lauren Forristal Fox completes its $22B acquisition of Roku Fox has completed its $22 billion acquisition of Roku, wrapping up one of the biggest media deals in recent years and giving the company a major boost in the streaming and connected TV space. Announced Friday, the deal brings the streaming company founded in 2002 formally under Fox’s ownership. Fox says the combined company now ranks as the third-largest television business in the U.S. by viewership. “We started Roku more than two decades ago to give people a better way to watch TV, and that mission doesn’t change today. What does change is our reach and resources,” Roku founder Anthony Wood said in a statement. “Our teams will keep building and innovating as they always have, now with the support and capabilities of Fox behind us.” For Fox, the move provides direct access to Roku’s reach of more than 100 million households. The company expects that audience to help it improve advertising targeting, strengthen its position in the fast-growing connected TV market, and reduce its reliance on traditional TV distribution. Today’s announcement comes two months after the Justice Department issued a second request for information, asking both companies to provide additional data and documents as part of its antitrust review. Earlier this month, reports suggested the deal was nearing U.S. regulatory approval. The acquisition also closed much earlier than expected. When the deal was first announced in June, the companies projected it would be completed in the first half of 2027. Topics Fox , In Brief , Media & Entertainment , Mergers and Acquisitions , roku November 4 Boston Buy One Pass, Get a Second Free Cover more ground at TechCrunch’s ultimate founder bootcamp of the year by bringing your co-founder or partner for free Book before the BOGO deal expires Register Now Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice . Related Hardware Parents want safer phones for kids. These companies are answering the call. Lauren Forristal 10 hours ago Security Palo Alto Networks in talks to buy AI agent security startup Clutch for $500M Marina Temkin 2 days ago Latest in Media & Entertainment In Brief Fox completes its $22B acquisition of Roku Lauren Forristal 2 days ago In Brief The New York Times reportedly in talks to buy Letterboxd for $330 million Amanda Silberling 2 days ago In Brief ‘You Can See Everything’ is getting an outer space release and it hasn’t even come out in Europe yet Amanda Silberling 3 days ago