Fox Corporation and Roku Shareholders Approve $22 Billion Acquisition
What happened
On October 14, 2026, shareholders of Fox Corp. and Roku Inc. approved Fox's $22 billion acquisition of the streaming platform.
The Context
- Overwhelming support: Fox Class B shareholders voted 99.9% in favor of the deal, indicating strong confidence in the merger.
- Strategic integration: The acquisition aims to combine Roku's streaming technology with Fox's extensive media assets, enhancing their competitive edge.
- Regulatory hurdles: The deal is still pending regulatory clearance, with completion expected in the first half of 2027.
The Number
— This percentage reflects the near-unanimous support from Fox Class B shareholders, underscoring investor confidence in the merger's potential.
Takeaway
As the deal progresses through regulatory channels, expect shifts in the streaming market landscape that could influence your content consumption and advertising strategies.
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Shareholders for both Fox Corp. and Roku approve Fox's $22B acquisition of Roku; Fox expects the deal to be finished in H1 2027, subject to regulatory clearance (Todd Spangler/Variety)
Shareholders of both Fox Corp. and Roku have approved Fox's $22 billion acquisition of Roku during separate special meetings, with the deal expected to close in the first half of 2027, pending regulatory approval.
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Shareholders Approve Fox’s $22 Billion Roku Acquisition
Shareholders of Fox and Roku have approved Fox's $22 billion acquisition of Roku, a deal that is expected to enhance Fox's streaming capabilities significantly. The acquisition was announced in June and has now received the necessary approvals during...
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Fox, Roku shareholders approve $22 billion streaming deal
Fox and Roku shareholders have approved a $22 billion acquisition deal, which positions the combined entity as a significant player in the U.S. streaming market. This deal, announced in June 2026, involves a mix of cash and stock, aiming to enhance b...