Episode

Roku Deal Crumbles Under Market Pressure

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Jun 18, 2026
Duration seconds
106
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Summary

Fox just bought Roku in a deal worth up to $16 billion, but Roku’s stock already dropped below $140 — the initial $160 valuation was based on a now-expired trading average. The deal mixes cash and Fox stock, but Fox shares have plunged 22% since the announcement, shrinking the deal’s value daily. Roku founder Anthony Wood, who controls key voting power, is staying on board and taking a Fox role — giving the deal strong internal backing. Investors are disappointed, but in markets, even solid deals can unravel fast. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/1d74fc66cfbcbb2e