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Fox Corporation completes $22 billion acquisition of Roku

Outlets agree that Fox Corp. finalized its $22 billion purchase of Roku on Friday, while differing on specific integration details.

Roku 1 2017-02-23
Photo · F ASTILY / Wikimedia Commons · CC BY-SA 4.0 · shown in black and white

At a glance

  • Fox Corp. finalized its $22 billion acquisition of Roku on Friday.1234
  • Roku founder and CEO Anthony Wood will join the Fox board and co-chair a digital division.34

Fox Corp. has officially finalized its $22 billion purchase of Roku.1234

The transaction concluded on Friday.124

Roku founder and CEO Anthony Wood will join the Fox board of directors.34

Wood will also serve as co-chair of a newly formed digital division that includes Roku.34

Where sources agree

  • Fox Corp. completed a $22 billion acquisition of Roku4 of 4
  • The transaction closed on Friday4 of 4
  • Roku CEO Anthony Wood is joining the Fox board2 of 4

Who covered this

4 National

Sources

  1. 1The VergeFox bought Roku ↗
  2. 2DeadlineFox Corp. Closes $22B Acquisition Of Roku ↗
  3. 3The Hollywood ReporterFox Closes Roku Deal, Creating New Streaming Power Player ↗
  4. 4VarietyFox Closes $22 Billion Roku Takeover, Says Streaming Platform Will Remain ‘Open Ecosystem’ ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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