en
fox buying roku
/fɒks ˈbaɪɪŋ ˈroʊkuː/
Definition
1
A massive media industry consolidation event occurring in 2024, in which Fox Corporation agreed to acquire the streaming platform Roku for approximately $22 billion in a cash-and-stock deal.
2
A market-altering move representing a traditional broadcast network's aggressive pivot toward integrated streaming infrastructure and digital advertising ecosystems.
Examples
If fox buying roku is how they plan to fix their ratings, they might want to start by finding a remote that actually works.
Watching the news of fox buying roku feels a bit like a cable dinosaur trying to buy the meteor that ended the era.
With fox buying roku, I look forward to paying a subscription fee just to see more commercials for pharmaceuticals and trucks.