Fox Buys Roku’s 100M-User Platform in $22B Streaming SaaS Play
The $22 billion acquisition of Roku by Fox Corp. is essentially a bet on Roku’s operating system and platform-as-a-service model. Roku’s 100M+ active accounts and CTV ad stack give Fox an immediate SaaS-based distribution and monetization engine, shifting the media company’s center of gravity from linear TV to a tech-first recurring revenue model.