Fox Is Buying Roku For $22 Billion

Fox is buying Roku for $22 billion, combining Fox's sports, news, entertainment, Tubi, and Fox One offerings with a streaming platform that reaches about 100 million people. The companies say the merger would create the "third-largest player in US television by share of viewing," while Fox insists Roku will remain open to competing apps after the deal closes. CNN reports: Fox has dabbled in streaming over the past few years -- finally launching its Fox One competitor last August -- but has lacke