Fox Corporation has officially completed its $22 billion acquisition of streaming platform Roku, a move that significantly reshapes the digital media landscape. The deal's closure was accompanied by an announcement that Roku will continue to operate as an "open ecosystem," aiming to maintain its accessibility for various content providers.
In conjunction with the acquisition's finalization, Fox revealed key leadership changes within its digital operations. Charlie Collier, who led Roku's ad and platform business, and Anjali Sud, CEO of Tubi, will be departing the company. Anthony Wood, Roku's founder and CEO, will join Fox's board and co-chair a newly formed digital division, while Mustafa Ozgen will assume the role of Roku CEO. Pete Distad will expand his oversight to include Tubi and Frndly TV.
Fox Corp. Finalizes $22 Billion Roku Acquisition, Names New Digital Leadership
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Sources
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