{"id":682,"date":"2026-06-15T13:43:03","date_gmt":"2026-06-15T13:43:03","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=682"},"modified":"2026-06-15T13:43:03","modified_gmt":"2026-06-15T13:43:03","slug":"fox-will-buy-roku-for-22-billion","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=682","title":{"rendered":"Fox Will Buy Roku For $22 Billion"},"content":{"rendered":"<div>\n<h2>forbes valuation<\/h2>\n<p>Rupert Murdoch\u2014who stepped down as chairman of his Fox Corporation in September 2023\u2014and his family have a fortune valued at $23.3 billion, according to Forbes\u2019 <u>estimates<\/u>. Anthony Wood, who founded Roku in 2002, has an estimated net worth of <u>$3.2 billion<\/u>. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=678\">Lack Of Details On Trump\u2019s \u2018Great\u2019 Iran Deal Prompts Criticism From All Sides<\/a><\/p>\n<h2>key background<\/h2>\n<p>A deal for Roku marks the first major acquisition since Lachlan Murdoch assumed Rupert Murdoch\u2019s board seat in 2023. Fox, like other media giants, has shifted toward streaming in recent years: The company announced in 2020 it would buy the ad-supported streaming service Tubi for $440 million. In 2025, it launched the subscription livestreaming service Fox One, on which the FIFA World Cup has been forecast in recent days. Tubi reached profitability for the first time last year, announcing in July it reached more than 100 million monthly active users and 1 billion hours of streamed content per month. Netflix, in comparison, reported more than 300 million subscribers as of late 2024.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=676\">Trump Says Iran Peace Deal \u2018Complete\u2019\u2014Ends Strait Of Hormuz Blockade<\/a><\/p>\n<h2>further reading<\/h2>\n<p><span><span>Forbes<\/span><span>Lachlan Murdoch Might Be Involved In TikTok Deal, Trump Says<\/span><small>By <span>Zachary Folk<\/span><\/small><\/span><span><\/span><\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The tie-up will create the \u201cthird-largest player in U.S. television,\u201d the companies said.<\/p>\n","protected":false},"author":1,"featured_media":681,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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