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Market News: Fox Buys Roku for $22 Billion: Streaming War Erupts

Published 15 hours ago
Description
Big news breaking in the streaming wars. Fox Corp. just made a monumental move, announcing its acquisition of Roku in a staggering $22 billion deal. This morning, Fox confirmed it will pay $160 per share, a mix of cash and stock, to absorb the streaming platform. This aggressive play instantly expands Fox's digital footprint, setting the stage for a dramatic industry showdown. Media analysts are calling this a game-changer for how we consume content.
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