Skip to main content
DailyComposite logoDailyComposite

AI Bias Analysis

4 models · Takes ~15 seconds

Bloomberg Markets

Fox to Buy Roku at $22 Billion Value in Streaming Video Push

Fox to Buy Roku at $22 Billion Value in Streaming Video Push
ShareXFacebook

Fox Corp. agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming.  The deal will blend Fox’s sports, news and entertainment channels, including the free, ad-supported Tubi, with Roku’s streaming platform of more than 100 million subscribers, the companies said in a statement Monday. T

B

Source

Bloomberg Markets

Read full article at Bloomberg Markets

Opens original article in a new tab

Advertisement

Related Economy Stories

Trump Says Iran Deal Done, Turning Attention Back to Russia at G7
Bloomberg Markets

Trump Says Iran Deal Done, Turning Attention Back to Russia at G7

Evelyn Farkas, executive director of the McCain Institute, said that the US may incentivize further talks with Iran by unfreezing some assets seized during the course of the conflict after a short-term deal is signed to extend a ceasefire and reopen the Strait of Hormuz. Talking with French President Emmanuel Macron ahead of the G7 summit, President Trump told reporters that his attention is also turning back to Russia and Ukraine now that that short-term deal with Iran is done. Farkas said Russ

Read more →
Advertisement