The Age
·general
·3 hours ago
Lachlan Murdoch’s Fox Corp to buy streaming platform in $22 billion deal
Fox Corporation announced a $22 billion deal to acquire streaming platform Roku on Monday. This acquisition will give Fox access to over 100 million households and strengthen its live news and sports offerings. Roku founder Anthony Wood will join the Fox board post-transaction, expected to close in the first.
Summary by OZbrief · The Age
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