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 improve Fox's streaming capabilities, fortifying its position in the competitive streaming market. This move is seen as a strategic step to broaden Fox's reach and increase its market share. The transaction is anticipated to accelerate innovation and encourage growth within the streaming industry. Fox's acquisition of Roku is a significant development that may reshape the landscape of streaming services. The company's leadership is focusing on uniting Roku's technology with Fox's existing platforms to develop a more robust streaming ecosystem. This acquisition is expected to draw more viewers and boost advertising revenue. The departure of key executives is part of Fox's reshaping efforts to simplify operations and center on strategic initiatives. The new leadership team is working closely to assure a smooth transition and optimize the value of the acquisition.