Fox Corp. to buy streaming platform Roku for $22 billion

Fox Corp. has announced its intention to acquire the streaming platform Roku in a deal valued at $22 billion. This strategic acquisition aims to establish a powerful entity within the live media and streaming sectors. By integrating Roku's capabilities, Fox Corp. intends to build a comprehensive media powerhouse, strengthening its position in the competitive digital landscape through this significant financial investment and consolidation of streaming and live broadcasting assets.