Roku’s platform gains Fox’s backing and stays open to other content partners, but Roku leaves Nasdaq as a separate listed company. The story shows no clear gain or loss for Roku’s own business.
Roku’s platform gains Fox’s live sports, news and regional programming, and Fox says it will remain open to other content partners. Fox expects $400 million in yearly cost cuts, but those savings apply to the combined company, and added revenue is only possible. With Roku no longer separately listed, these facts do not show a clear gain or loss for Roku’s own business.
Fox gains Roku’s platform, which reaches over 100 million households, and expects $400 million in yearly cost cuts within 2 years. Former Roku holders own about 26% of the combined company, but Fox keeps about 74% and gains the platform.
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