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Deal for Roku Accelerates Streaming, Connected TV Strategy -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2643765056","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2643765056?lang=en_us&edition=fundamental","pubTime":"2026-06-16 23:20","pubTimestamp":1781623200,"startTime":"0","endTime":"0","summary":"1120 ET - Fox's roughly $25 billion deal for Roku, will accelerate its strategy to increase exposure to streaming and connected TV, Morgan Stanley analysts say in a research note. \"The acquisition of Roku would expand Fox's position from content owner and distributor into platform ownership, providing direct access to >100 million streaming households,\" the analysts write. They note those households are largely in the U.S., and that international markets present an emerging growth opportunity. \"We believe the combination has the potential to boost FOX's content reach through Roku's distribution and provide value through Roku's first-party data,\" the analysts write. \"While some peers are making a bet on owning content assets, Fox is making a clear bet on the future of distribution.\" Fox shares fall an additional 5% on Tuesday, falling sharply on Monday. 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Media & Telecom Roundup: Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2643786904","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2643786904?lang=en_us&edition=fundamental","pubTime":"2026-06-16 04:50","pubTimestamp":1781556600,"startTime":"0","endTime":"0","summary":"The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0816 ET - Fox says its $22 billion purchase of Roku will create the third-largest player in the U.S. television market in terms of share of viewers. \"This is a defining moment for Fox,\" CEO Lachlan Murdoch says. Roku's platform reaches more than 100 million households globally. \"The combination with Fox is an extraordinary opportunity to accelerate our vision, scale faster and innovate more aggressively for viewers, partners and advertisers,\" Roku CEO Anthony Wood says. Wood will have an ongoing role at the combined company, as well as a seat on the Fox board following the deal's closure. Fox shares sink 13% premarket. 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