Fox Deal To Acquire Roku Approved By Shareholders

Fox has gained its approval to acquire Roku, with the deal approved by shareholders on Wednesday. Variety reports that the deal, which was first announced in June, was approved in a vote by shareholders for both Fox Corp. and Roku. The votes were held on Wednesday in separate meetings, with 99% of Fox shareholders voting for the deal.

The deal values Roky at $22 billion at $160 per share via about $14.2 billion in cash and the remainder in Fox Class A common stock. Fox expects to complete the acquisition in the first half of 2027, pending approval by the Justice Department and other regulators.

In the initial announcement of the deal, Fox and Roku committed to “continuing to operate Roku as an open, partner-friendly platform and to the continued ubiquitous distribution of FOX content.”

Roku hosts a decent amount of wrestling content, including a WWE NXT channel which streams on the Roku Channel the day after it airs. It has also previously hosted NJPW content has free wrestling through the likes of Wrestling Central.