Fox Made Commitments to Justice Department to Get Roku Deal Approved
Fox agreed to keep Roku open and neutral for at least three years after the Justice Department found the $22 billion deal unlikely to harm competition.
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5 Articles
Fox completed Roku's acquisition, in a $22 billion deal months ahead of originally planned. The operation creates a much larger size competitor in the streaming television market. What's new: Amazon presents new Echo devices with Alexa, including speakers, digital portraits and Echo Show 16 from Netflix to Instagram: apps that have changed to take advantage of iPhone Duo When the deal was announced in June, Fox estimated that the conclusion woul…
Fox Commits to Carrying Non-Fox Content on Roku for at Least 3 Years as DOJ Closes Antitrust Investigation
The Department of Justice’s Antitrust Division Friday announced that it closed its investigation into Fox Corp.’s $22 billion acquisition of Roku after finding the deal “is not likely to result in harm to competition.” However, Fox — which announced the completion of the Roku deal Friday — made several commitments to the DOJ in connection […]
Fox made commitments to Justice Department to get Roku deal approved
The media giant agreed to keep certain data-related firewalls and third-party content on Roku's platform for at least 36 months.— This story first appears at TheDesk.net, a premium source for original news and analysis on the business of media and technology. Never miss a story — make sure our stories appear in your Google search results by adding us as a trusted source, and sign up for our free newsletters here.
With the recent acquisition, Fox Corporation will have access to approximately 100 million homes of Roku. The Fox Corporation publication specifies the purchase of Roku for 22,000 mdd; it will keep the platform open first appeared in the CEO.
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