Fox Corporation has finalized the acquisition of Roku for $22 billion. The deal closed on November 7, 2026. The Department of Justice concluded its antitrust investigation, permitting Fox to broadcast non-Fox content on Roku for three years. Several key executives, including Tubi CEO Anjali Sud and Roku Media President Charlie Collier, have departed the company as Fox establishes its new leadership team. The acquisition is expected to boost Fox's streaming capabilities, solidifying its position in the competitive streaming market. This move is seen as a strategic step to expand Fox's reach and increase its market share. The transaction is anticipated to propel innovation and foster growth within the streaming industry. Fox's acquisition of Roku is a significant development that will reshape the landscape of streaming services. The company's leadership is focusing on merging Roku's technology with Fox's existing platforms to create a more robust streaming ecosystem. This acquisition is expected to attract more viewers and enhance advertising revenue. The departure of key executives is part of Fox's reshaping efforts to simplify operations and focus on strategic initiatives. The new leadership team is working closely to ensure a smooth transition and enhance the value of the acquisition.