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Fox closes its $22B Roku acquisition well ahead of the expected 2027 date; Anthony Wood joins Fox's board and co-chairs a new unit with Tubi, Fox One, and Roku (Todd Spangler/Variety)

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In short

Fox has formally concluded its purchase of Roku for $22 billion, beating the previously estimated 2027 closing timeline. In conjunction with the finished deal, Anthony Wood is stepping onto the Fox board of directors. Wood will also help oversee operations by co-chairing a new division that directly integrates Roku alongside Fox One and Tubi.

Key points

  • A newly established Fox division will formally integrate Tubi, Fox One, and Roku operatio…: A newly established Fox division will formally integrate Tubi, Fox One, and Roku operations.
  • Anthony Wood has been appointed to serve as the co-chair of the new unit.: Anthony Wood has been appointed to serve as the co-chair of the new unit.
  • The accelerated acquisition timetable concludes the major corporate transaction earlier t…: The accelerated acquisition timetable concludes the major corporate transaction earlier than initially anticipated.

Sources checked by our analysis pipeline: 1

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Wall Street Journal: |

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Natalia Kniazhevich / Bloomberg: |

Jada Nagumo / Nikkei Asia: |

Reuters: |

Emma Roth / The Verge: |

Djohnson / CyberScoop: |

Pranshu Verma / Washington Post: |

Matthias Bastian / The Decoder: |

Mackenzie Hawkins / Bloomberg: |

Alexander Martin / The Record: |

Reuters: |

New York Times: |

Tiffany Li / The Information: |

Bloomberg: |

Qianer Liu / The Information: |

Davey Alba / Bloomberg: |

Financial Times: |

Emmy Martin / New York Times: |

Emma Roth / The Verge: |

Kelly Cloonan / Wall Street Journal: |

Eric Geller / Cybersecurity Dive: |

Bloomberg: |

Todd Spangler / Variety: |

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