Fox Corp. said it plans to acquire Roku in a cash-and-stock deal that would expand its streaming and connected TV advertising business. Reports valued the transaction at $22 billion to $25 billion, and Fox said it expects the deal to close in the first half of 2027.
Posts tagged as “Black NFL”
Former San Francisco 49ers All-Pro pass rusher Aldon Smith has died at 36, the team said Saturday. Smith set a 49ers single-season sack record in 2012 before suspensions and legal issues disrupted his NFL career.
Simone Biles said on Instagram that she experienced a health scare this week that made her feel she had “almost” died. The seven-time Olympic champion did not disclose what happened but said she has been resting and may explain later.
Ohio State University has agreed to pay about $100 million to 279 former students who said they were sexually abused by former campus doctor Richard Strauss. The deal would resolve nearly all remaining federal claims tied to the decades-old abuse allegations.
Byron Allen's comedy series "Comics Unleashed" takes over CBS's late-night slot following the end of "The Late Show With Stephen Colbert." Allen, a media mogul and former stand-up comic, leases the hour and plans to expand his media empire through this new opportunity.
A federal judge blocks Nexstar Media Group's $6.2 billion acquisition of Tegna, citing antitrust concerns raised by state attorneys general and DirecTV. The merger, which would create a media giant owning 265 TV stations, is paused pending resolution of a lawsuit alleging harm to competition and local journalism.
The Justice Department is investigating the NFL's game licensing practices amid concerns over high subscription costs and anticompetitive tactics. The probe follows a Senate inquiry into whether the league's streaming packages violate antitrust laws.
The NFL has fined the Atlanta Falcons $250,000 and assistant coach Jeff Ulbrich $100,000 following a prank call incident involving Ulbrich's son, who impersonated a general manager during the NFL Draft to mislead quarterback Shedeur Sanders. The prank call, which falsely suggested Sanders would be drafted by the New Orleans Saints, highlighted a breach in safeguarding confidential information, prompting the NFL to emphasize the importance of maintaining draft integrity. In response, the Falcons have acknowledged the breach and are reviewing their internal processes to prevent future incidents, while Sanders has not publicly commented as he begins his career with the Cleveland Browns.