NBCU has shown interest in companies like Electronic Arts in the past and currently has a deal with Nintendo around the Super Mario Bros. franchise.
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Comcast (CMCSA) said Monday it plans to split into two publicly traded companies, separating its NBC
Cathie Wood's firm ARK Invest bought more than 200,000 shares of Elon Musk's SpaceX on Monday when the stock tumbled 16%.
Tom Ara, Weil, Gotshal & Manges Entertainment, Sport & Media Head, discusses significant mergers and acquisitions in Hollywood during the first half of 2026. Highlighted deals include Fox's $22 billion investment in Roku and Paramount's $110 billion acquisition of Warner Brothers Discovery. Ara explains that the market has shifted from a cautious stance last year to a more confident environment, leading to increased capital deployment and ongoing consolidation in the entertainment sector. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
For years, Netflix (NFLX) has been trying to convince Wall Street that growth can still be driven by streaming size, global content, and pricing power. The argument is still valid, but that might not be the whole story anymore. Fox’s imminent acquisition of Roku offers a new kind of edge in ...
Fox (FOX) just made the biggest move of its post-Disney era, agreeing to buy Roku for roughly $22 billion. But the stock fell sharply the day the deal landed and kept sliding the next session, pushing Fox shares to a fresh 52-week low. Now one of Wall Street’s most followed analysts has weighed in, ...
The stock is down 10.5% this month, after closing May 8% lower.
Netflix shares are sliding as investors eye acquisition deal letdowns and slowing growth.
If you have a Roku device at home, and statistically, there's a good chance you do, your TV's home screen may soon have a new owner. Fox Corporationannounced June 15 that it has reached a deal to buy Roku for $160 per share. That values the company at roughly $22 billion. The deal is expected to ...
Netflix reportedly is interested in buying movie and TV series producer Lionsgate Studios. Lionsgate stock jumped on the news while Netflix stock slumped.
Monday's sales follow a major liquidation last week that was used to fund purchases of SpaceX stock.
Stocks kicked off Fed week on a high note as market participants celebrated news of a potential peace deal between the U.S. and Iran.
Fox Corp. agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming. The deal will blend Fox's sports, news and entertainment channels, including the free, ad-supported Tubi, with Roku's streaming platform of more than 100 million subscribers, the companies said in a statement Monday. The acquisition will create the third-largest player in the US television market by share of viewing, spanning broadcast, cable, local and streaming, the companies said. "This combination will transform the scope of our company into high-growth verticals and yield a step change in our overall growth profile," Fox Chief Executive Officer Lachlan Murdoch said in the statement. For more on Fox's acquisition of Roku, Bloomberg Intelligence Analyst on US Media, Geetha Ranganathan, joins Paul Sweeney and Scarlet Fu on "Bloomberg Intelligence."
Lachlan Murdoch calls the $22 billion Roku acquisition a defining moment for FOX, pairing live sports and news with America's top streaming platform.
On this episode of Stock Movers with Alexis Christoforous: - Roku (ROKU) is higher while Fox (FOX) is declining on news Fox agreed to acquire Roku in a deal that values the streaming video platform at about $22 billion including debt. - United Airlines (UAL) is surging with airlines stocks up around 4% ahead of the open after the U.S. and Iran reached an interim peace deal. - Coinbase (COIN) and Robinhood (HOOD) are following Bitcoin higher amid broader risk appetite with the US-Iran interim deal.
Competition for streaming audiences has been heating up, and the deal provides significant scale for both Fox and Roku.
Fox said it had agreed to buy Roku in a deal that values the streaming company at about $22 billion, including debt. Shares of Roku, which rose about 20% on Friday after a media report about a possible deal, edged higher in premarket trading Monday.
Fox Corp. will buy the streaming platform Roku in a $22 billion deal.
Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online. The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Roku's large installed base of more than 100 million streaming households, helping it better sell targeted ads and reduce reliance on traditional distribution. Fox will acquire Roku for $160 per share, representing a premium of 11.4% to Roku's last close.
Cathie Wood's firm ARK Invest staked a large position in Elon Musk's SpaceX on Friday. The firm already has a huge chunk of Tesla stock.
Streaming platform Roku Inc. is reportedly exploring a potential sale and has held preliminary discussions regarding a strategic combination with at least one U.S. media company.
Roku stock closes at its highest level since 2022 after a report the streaming technology maker is in sale discussions.
Investing.com -- Roku Inc. (NASDAQ:ROKU) shares jumped as much as 20% Friday following a Bloomberg report that the streaming platform company has held discussions with at least one U.S. media company about a potential sale.
Streaming platform Roku is in talks to sell itself, including a possible media tie-up, Bloomberg News reported on Friday, citing people familiar with the matter. The company, whose shares jumped 22%, has been in discussion with at least one U.S. media company about a potential combination and no final decisions have been made on a potential sale, the report said. Roku did not immediately respond to a Reuters request for comment.
Streaming video platform Roku will benefit materially from the launch of a new home screen, an analyst says.
(Bloomberg) -- Famed short seller Andrew Left faces the possibility of decades behind bars after being found guilty of using disingenuous social media posts to manipulate stocks, in a landmark case that threatens to chill a broader trading strategy loathed by corporate executives.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedCanada Dips Into Technical Recession for First Time Since 2020Berkshi
(Bloomberg) -- Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized his use of social media to move the price of stocks.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets WrapA Rare
(Bloomberg) -- Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized his use of social media to move the price of stocks.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets WrapA Rare