Episode Details
Back to Episodes
Super Brief: Fox Bought the Remote — Super Brief
Published 1 week, 1 day ago
Description
Fox Bought the Remote. Fox is buying Roku for about $22 billion, $160 a share, ending up with 73% of the combined company. The headline reads like a media giant buying a streaming app. The real move is that Fox paid for the remote control, not the catalog. Roku owns the viewing surface: 100 million active accounts and an