Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion, including debt.

The deal will give Fox access to the Roku channel, first-party data and more than 100 million global streaming households. Fox oversees a massive media network that includes sports, news and entertainment, as well as Tubi.

The companies said Monday that Roku will continue t be run as an open, partner-friendly platform. Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.

    • rafoix@lemmy.zip
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      23 hours ago

      Corporate consolidation is the capitalist end point. They can’t run the business any better so they make it bigger and fire more people.

      • Sludgehammer@lemmy.world
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        23 hours ago

        And eventually there’s just one company left, so you have no choice but to buy from them no matter how expensive or slapdash their product.

        • 48954246@lemmy.world
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          22 hours ago

          And that company here is Disney right? Unless I’m mistaken Disney’s owns Fox, so this reeks even more of Disney’s effort to swallow any sort of competition

          • 0ops@piefed.zip
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            22 hours ago

            Not this fox, you’re thinking of 21st century Fox. This is Fox as in Fox News

            • 48954246@lemmy.world
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              15 hours ago

              Fox Sports and Fox Broadcasting join Fox News as assets that will help make up Fox Corporation — which is officially a stand-alone, publicly traded company.

              Ah ok, thanks for the pull up.

    • Avid Amoeba@lemmy.ca
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      23 hours ago

      When the revolution comes. Not necessarily through violent means but necessarily overthrowing capitalism.

  • BigDiction@lemmy.world
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    14 hours ago

    Well that’s a shame. Will be disappointed to see them destroy the utopian advertising friendly paradise of Roku City.

  • kaidenshi@lemmy.world
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    24 hours ago

    A match made in hell. Roku went to shit the day they prevented your already purchased and used device from working unless you agreed to their new Draconian terms. I hope Fox loses every cent of that $22bln.

    • CentipedeFarrier@piefed.social
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      20 hours ago

      Im so glad mine were blocked from the internet when that came out. I factory reset them and they never got internet access again.

      Am I ticked I cant use my smart TV as a smart TV? Sure. Am I glad I got it before that agree-or-brick? Absolutely.

  • faltryka@lemmy.world
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    23 hours ago

    Are there any good open source tv os options? I’ve been using Roku forever to avoid manufacturer bloat and and because it blends subs, plex, and antenna so well.

    • jaybone@lemmy.zip
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      23 hours ago

      Yeah people talk about building your own with rpi and a Linux desktop. I’m looking for something with a remote control, not a mouse pointer, with a UI designed to be used with a remote control, not a mouse pointer, that will run things like emby / jellyfin. Maybe a DirectTV app or other streaming apps. Anyone know of such a thing?

      • NekoKoneko@lemmy.world
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        22 hours ago

        See my comment below - ONN Google TV box with Projectivy launcher installed has no ads and full access to anything on Google Play (or, for now, F-Droid or alternative app stores).

    • fleem@piefed.zeromedia.vip
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      22 hours ago

      android TV kinda sucks,

      i wish Kodi and its addons were getting more traction. Kodi is powerful and capable.

      I need to give Slyguy some money!

    • NekoKoneko@lemmy.world
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      23 hours ago

      The best cheap and easy option at the moment appears to be ONN Google TV boxes, which you can install Projectivy as an ad-free launcher on. The AI-fueled price bloat is making the newest models hard to find, though.

  • BeUnique@lemmy.zip
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    21 hours ago

    Roku is such trash. Normalizing a locked down “OS” with ads on the screen. I guarantee Fox will make it so much worse! When the time comes to buy a new TV, I’ll for sure be going with literally anything without the Roku OS on it.

    I just wanna stream from my android and run 3rd party apps for fuck sakes. I bought the product, I should be able to choose what I do with it.