Fox to buy Roku in $22 billion deal to accelerate shift to digital

[BumRushDaShow]

Last edited Mon Jun 15, 2026, 09:50 AM - Edit history (1)

Source: CNBC

Published Mon, Jun 15 2026 7:20 AM EDT Updated 9 Min Ago


Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a ⁠bet that pairing its sports and news programming with a top TV streaming ​platform will strengthen ​its position as ​audiences shift online.

The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Roku’s large installed base of more than 100 ⁠million ‌streaming households, helping it better sell targeted ads ⁠and reduce reliance on traditional distribution.

Fox will acquire Roku for $160 per share, representing a premium of 11.4% to Roku’s last close. Shares of Fox were ‌down 8% in premarket trade, while Roku’s shares were halted.

Roku is one of the first companies to bring ​streaming platforms like Netflix and YouTube to television through connected devices and smart TVs.

Read more: https://www.cnbc.com/2026/06/15/fox-to-buy-roku-in-22-billion-deal.html

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OMG for all the DUers who use Roku.

REFERENCE - https://www.democraticunderground.com/10143678381

[2naSalit]

1. Looks like...

We're headed back to the times when there were only 3 broadcasting companies. The problem is that all the owners are fascists.

[FarPoint]

10. Thats how I see it too...

Worse yet....they charge us $$$ montly to watch....

[UpInArms]

2. ...

[bucolic_frolic]

3. I almost bought a Roku

It had that digital tuner for over the air reception.

Guess I'll stick with what I can catch on internet.

Have they figured out a way to force us to buy their streaming yet?

[IrishAfricanAmerican]

4. TABLO is an OTA DVR.

It works great if you have a good antenna.

[bucolic_frolic]

7. Thanks, that's an option I didn't know about. /nt

[chouchou]

24. My husband bought a Channel Master Antenna.

I believe the price was about 90..but, being a nice model, we can get stations 70-80 miles...
The antenna poles are fence poles (steel..from Homedepot.
'bout 25 feet up....

[FarPoint]

12. will it work with Wifi?

I do have a good antenna too ....this is new to me.

[C Moon]

23. Tablo is great. We had Spectrum for years and were paying close to $300 a month w cable tv and internet.

I canceled cable, got a Tablo so we could record tv shows, and upgraded from the Roku stick to Roku Ultra (Tablo won't work on the stick), and now we only pay $60 a month for tv. I love it more than Spectrum's tv. There are so many great apps on Roku.

One thing, you may have to get an external HD for the Tablo as the space included on the Tablo is limited.

[FarPoint]

25. Thank you soooo much

I will go reseach this on YouTube for good directions..... I need to shut down all the waste I have....(((HUG)))

Oh...I don't have a Roku stick but have the app...I also have prime and multiple aps and YouTube tv....so, you see I need to get rid of several to not give away monies...

[Bengus81]

28. Sure,hook it up with Ethernet or WiFi

I have one box on Ethernet and one in the MB on WiFi

[NJCher]

5. I'll dump Roku

Under no circumstances will I do business with Fox.

[ananda]

22. I can stop using ROKU also.

I don't watch much tv and the only
channel I stream is PBS, so it will
be fine.

[Alice B.]

6. Oh no. I love mine for its ease of use.

And that an aging parent is comfortable with using it.
We've had it for years.

[Karma13612]

8. We have an NVidia Shield streaming device.

We also have Roku but I prefer the NVidia for some reason. We’ve had them both for a few years now. IIRC, we had to switch to NVidia when we signed up for a specific streaming service which we don’t have anymore. The streaming service itself turned out to be very very unreliable. But, the device works fine with all the others that we have. {Amazon Prime, Netflix, NordVPN, and Apple, and the free ones like Tubi, etc}. I can’t speak for other streaming services like Hulu, Paramount, Max, Disney+. We don’t have them, either because we aren’t interested in the subject matter, or because of the company’s fascist business practices.

Like Roku, NVidia is only a one time device purchase, with no monthly fee.

I prefer the NVidia , the interface is slightly different and I find it makes more sense. Or maybe it’s how our old smart TV reacts with it. But, in any case, if you want to walk away from Roku, try NVidia.

[unc70]

13. Tubi is also part of Fox. Hard to avoid

[Karma13612]

16. Oh, well, there ya go!

Guess i will have to curtail my watching Tubi.

[TexasBushwhacker]

30. I found A LOT of free content on the Hoopla app

Free for anyone who has a public library card in the U.S. Movies, music, TV shows, all ad free!

[IrishAfricanAmerican]

26. I have that Nvidia Shield too.

Works pretty good, for the most part. I'm glad that the new release of Tablo software allows recording of their streaming channels.

[chelsea0011]

9. Roku has the Spectrum streaming app

which allows not getting extra boxes for the home . Only streaming box to do this. I hope this doesn’t affect this.

[Cheezoholic]

11. All of these sticks and boxes etc have microphones. Even your smart TV has one in the remote and the TV itself

Call me paranoid but I stuff little pieces of cotton from a qtip into those little holes then a small piece of duct tape on top. I bought a new TV last spring, let it run 24/7 for 6 months until the warranty was out (used like new). Then I popped it open and disconnected the little microphone inside. Guess what, I found a second one. My cell phone goes into the microwave when I'm home. I'll take it out to check it every now and then. It sets nearby when I go to bed. Am I paranoid? Yes lol.

[ToxMarz]

14. We have some old Roku sticks I saved just in case

Guess I can throw them out now.

[FarPoint]

15. Here is a YouTube link from Cord Cutters

[C Moon]

21. If the Roku channel and Tubi merge, I hope they leave the Tubi jingle. :)

[flvegan]

17. Thus ends my decade plus long Roku relationship. Shame. n/t

[C Moon]

18. Oh crap

[Vinca]

19. That sucks. We just replaced 2 of our older ones with new ones. Guess we're stuck for now. One thing

we discovered with them, since they were our first streaming devices, we could use them on non-smart TVs as long as there was a port to plug them into. Of course, we only discovered that after we had replaced one TV. LOL.

[twodogsbarking]

20. Consumers will pay. That my children is how capitalism works.

[synni]

27. I'm glad I haven't used my Roku in about 5 years

I can stream anything I want on my smartphone.

[Bengus81]

29. Watch how fast Tubi becomes subscription based and still have a boat

load of commercials.