Fox to Acquire Roku in $22 Billion Deal

On a call with analysts, Murdoch, executive chair and CEO of Fox, called the acquisition a “defining moment” for his company, and one that “pairs Fox, the leader in live news and sports, with Roku, the leading connected TV platform. This acquisition will strengthen and expand our position in the high growth digital video ecosystem and unlocks new ways to serve our audiences and partners.”

Not that I would ever buy a Roku before this, but I’m definitely not buying one now.