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 “Media Consolidation”
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.