Fox acquires Roku for $22bn to plant its flag in streaming’s front door

Fox acquires Roku in a $22bn deal that drags the cable-reliant broadcaster squarely into streaming. Fox Corporation will pay $160 a share, in cash and stock, for the maker of the streaming sticks and smart TVs sitting in more than 100 million households worldwide, the companies said on Monday. The structure is $96 in cash […] This story continues at The Next Web