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The current time is Tue Jun 16 00:51:33 UTC 2026
Utopia Talk / Politics / Fox to buy Roku for $22 billion
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murder
rank | Mon Jun 15 23:13:17 Fox Corporation said Monday it has reached a definitive agreement to acquire Roku in a cash-and-stock deal valued at roughly $22 billion, or $160 per share. Why it matters: The combination would create a free streaming powerhouse by combining Roku's free ad-supported channel with Tubi, Fox's free ad-supported service. It also gives Fox access to one of the largest TV operating systems in the U.S., expanding its business further from content to distribution. Roku reaches 100 million households globally. https://www.axios.com/2026/06/15/fox-roku-22-billion |
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Sam Adams
rank | Mon Jun 15 23:23:17 Oh great more monopoly. |
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murder
rank | Mon Jun 15 23:51:56 At some point we decided that monopolies were good for consumers. Although really politicians simply don't care as long as the monopolies spread around the campaign cash. - |
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