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Fox buying streaming platform Roku in cash-and-stock deal worth about $22 billion (apnews.com)

submitted 20 hours ago by MicroWave@lemmy.world to c/economics@lemmy.world

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Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion, including debt.

The deal will give Fox access to the Roku channel, first-party data and more than 100 million global streaming households. Fox oversees a massive media network that includes sports, news and entertainment, as well as Tubi.

The companies said Monday that Roku will continue t be run as an open, partner-friendly platform. Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.

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[–] jaybone@lemmy.zip 6 points 19 hours ago (1 children)

Yeah people talk about building your own with rpi and a Linux desktop. I’m looking for something with a remote control, not a mouse pointer, with a UI designed to be used with a remote control, not a mouse pointer, that will run things like emby / jellyfin. Maybe a DirectTV app or other streaming apps. Anyone know of such a thing?

[–] NekoKoneko@lemmy.world 3 points 17 hours ago

See my comment below - ONN Google TV box with Projectivy launcher installed has no ads and full access to anything on Google Play (or, for now, F-Droid or alternative app stores).