Content overview: “Fox Shareholders Approve $22 Billion Roku Acquisition, Streaming Giant to Join Murdoch Emp”. Shareholders of Fox Corporation and Roku have approved Fox’s planned $22 billion cash-and-stock acquisition of the streaming platform, clearing a major hurdle for a deal that will dramatically expand Fox’s digital footprint. The special meetings today saw overwhelming support from both sides, as expected, following the June announcement that Fox—led by Executive Chair and CEO Lachlan Murdoch—would pay $160 per share for Roku.
This merger combines Fox’s established news, sports, and entertainment brands with Roku’s 80 million active accounts and leading connected TV operating system, positioning the combined company to compete more aggressively with streaming giants like Netflix, Disney+, and Amazon Prime Video. For Fox, the acquisition is a strategic pivot away from declining traditional pay-TV toward direct-to-consumer streaming, while Roku gains access to Fox’s content library and advertising relationships. For the complete material, the listing points back to the source inside the network.