Roku IncRoku is the target of a $22B acquisition by Fox, underscoring its platform value.
Fox Corporation's planned acquisition of Roku for $22 billion underscores the strategic value of owning TV operating systems and streaming platforms, according to new research from Parks Associates. The firm's Tech Ecosystem Dashboard, based on surveys of over 8,000 US internet households, finds that 43% report a Roku device as their most-used streaming media player, and among smart TV owners, 17% say their primary TV runs on Roku OS. The deal would combine Fox's premium live content, including sports and news, and its ad-supported service Tubi with Roku's operating system, The Roku Channel, and advertising capabilities, giving the combined company two major FAST properties. Roku reaches more than 100 million streaming households globally, and Parks Associates research director Michael Goodman notes that the platform's influence extends beyond any single hardware brand, positioning the combined entity to better control content discovery, viewer data, and advertising.
Roku IncRoku is the target of a $22B acquisition by Fox, underscoring its platform value.
Fox Corp Class AFox's planned acquisition of Roku for $22B highlights strategic value of TV platforms.
China Mobile LimitedTubi is mentioned as part of the combined entity's FAST properties, benefiting from the deal.