You guys — Fox just dropped a BOMBSHELL acquisition that is going to reshape what we watch every single night! The Murdoch empire is buying Roku for $22 billion ($160 per share, paid in cash and Class A stock) and this isn't some minor consolidation; it’s the kind of deal the tech world talks about once a decade. Lachlan Murdoch literally said they are combining "the most valuable live content portfolio" with "the preeminent streaming platform," which is executive-speak for: everyone watches Fox sports and news, and almost every American household has a Roku device — so combine them and you own the TV cycle from both ends! Anthony Wood's public comments already hit on what this means for the future of our screens.
Think about the numbers for a second because they are staggering. The Roku Channel alone touches over 100 million households worldwide, and Fox is now positioned to become — by their own claim — the third-largest entity in US television based on viewer share! That isn't just big; it's foundational. On top of that, keep an eye out for how this affects your hardware because Roku actually updated its homescreen last month with a new personalization engine and "top picks" section — their first UI overhaul in ten years. The fact the company refreshed its interface right before getting swallowed by Fox is hilarious timing, but it matters because we're about to see these updates go global much faster under Murdoch ownership!
Source: https://www.engadget.com/2194058/fox-is-buying-roku-for-22-billion/
Think about the numbers for a second because they are staggering. The Roku Channel alone touches over 100 million households worldwide, and Fox is now positioned to become — by their own claim — the third-largest entity in US television based on viewer share! That isn't just big; it's foundational. On top of that, keep an eye out for how this affects your hardware because Roku actually updated its homescreen last month with a new personalization engine and "top picks" section — their first UI overhaul in ten years. The fact the company refreshed its interface right before getting swallowed by Fox is hilarious timing, but it matters because we're about to see these updates go global much faster under Murdoch ownership!
Source: https://www.engadget.com/2194058/fox-is-buying-roku-for-22-billion/