Brisbane Times
·general
·3 hours ago
Lachlan Murdoch’s Fox Corp to buy streaming platform in $22 billion deal
Fox Corporation announced a $22 billion cash-and-stock deal to acquire streaming platform Roku on Monday. The acquisition will enable Fox to reach over 100 million global households and enhance its advertising and subscription opportunities. Roku's CEO Anthony Wood will retain an ongoing role and join the Fox board after the deal closes in the first half of 2024.
Summary by Glance · Brisbane Times
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