FOX · Earnings call · 2026Q2T · Full report
Acquisition / Partnership / Divestiture
Fox Corp · 2026-08-06 · Importance 44 · Surprise 60 · In source text
FOX announced a pending acquisition of Roku to expand its connected-TV distribution and advertising capabilities.The transaction is intended to combine FOX's premium live content and market relationships with Roku's open, partner-friendly streaming platform and scaled distribution capabilities.Management expects the transaction to close in the first half of calendar 2027, subject to the early approval process.The deal is expected to result in approximately 2.8x net leverage at closing while preserving capital allocation flexibility.
Key facts
- FOX expects closing of the pending Roku acquisition in the first half of calendar 2027.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | FOX expects closing of the pending Roku acquisition in the first half of calendar 2027. |