Fox Corp. reported a 28% increase in overall quarterly revenue to $4.21 billion, largely driven by advertising revenue from the FIFA World Cup and growth for its free streaming service, Tubi.
The FIFA World Cup achieved record viewership for Fox Corp. and NBCUniversal, with Telemundo and Peacock setting Spanish-language broadcast records. The event highlighted the importance of live sports and Spanish-language content, driving growth for Peacock's subscribers and advertisers.
Lionel Messi leads the 2026 Geopolitics World Cup Golden Boot chase with five goals in two games, with Haaland and Mbappé close behind on four apiece, in a campaign that could see a double-digit scorer for the first time since 1970.
Fox Corp. is acquiring streaming platform Roku for $22 billion, a move analysts call a strategic pivot to bolster its streaming presence and ad capabilities. Despite initial stock drops, the deal aims to combine Fox's content with Roku's distribution and data for future growth.
Fox Corp. is acquiring streaming platform Roku for $22 billion, a move analysts call a strategic pivot to bolster its streaming presence and data capabilities. Despite initial stock dips, the deal aims to position Fox as a major player in the U.S. viewing market.
Fox Corporation is acquiring Roku in a cash and stock deal valued at $160 per share, totaling approximately $30 billion. The acquisition aims to combine Fox's content portfolio with Roku's streaming platform, reaching over 100 million households globally. The deal is expected to close in the first half of next year, pending shareholder and regulatory approvals.
Fox Corp. has agreed to acquire Roku for approximately $22 billion, or $160 per share. This deal combines Fox's media assets, including its news and sports channels and Tubi streamer, with Roku's streaming devices and The Roku Channel, signaling further consolidation in the media industry.
