Quartz·1 min read·easy

Fox completed its $22 billion acquisition of Roku, creating a television giant

Cris Tolomia
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Fox has finalized its $22 billion acquisition of Roku, aiming to consolidate its position as a major television entity. The deal includes a projected $400 million in cost synergies over the next two years.

Why it matters

This merger represents a significant consolidation in the media and streaming technology landscape.

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Fox expects about $400 million in cost savings within two…

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