Key facts
- Fox is acquiring Roku for $22 billion.
- The acquisition highlights the growing importance of free, ad-supported streaming services.
- This trend signifies the increasing influence of these platforms in the entertainment industry.
Fox's acquisition of Roku for $22 billion underscores the increasing significance of free, ad-supported streaming services within the entertainment sector. According to Kevin Mayer, co-CEO of Candle Media, this move by Fox illustrates how these platforms are becoming a major force in the industry.