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Fox Corporation announced on Sunday, June 15, 2026, the acquisition of Roku, the video streaming platform, in a deal valued at $22 billion in cash and stock, according to reporting by AP and The Verge. The transaction combines Fox Television, Tubi, Roku devices and smart TV software, and The Roku Channel into a single digital media conglomerate.

The agreement reshapes the North American streaming market with direct implications for Latino audiences. Tubi, Fox's free ad-supported video platform since 2020, is one of the streaming services with the deepest penetration in Hispanic households across the United States. Its catalog features significant Spanish-language content, Latin American films and series, and sports broadcasting. By integrating Tubi with Roku's hardware infrastructure, installed on more than 80 million active accounts, Fox is building the largest free ad-supported video platform in the hemisphere.

The merger raises regulatory questions. The U.S. Federal Communications Commission (FCC) and the Department of Justice will review whether the deal creates anticompetitive conditions in the digital video advertising market. The FCC, under the Trump administration, has taken a permissive stance toward media consolidation, which should facilitate approval. Industry analysts estimate the regulatory review will take between eight and twelve months before final approval.

For Mexico, the acquisition has concrete implications. Roku is the most widely installed TV operating system in the country by volume, and integrating it with Tubi and Fox News en Español solidifies Fox as the dominant player in free internet television for Mexico's 40 million smart TV users.

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This article was written with artificial intelligence assistance based on verified sources and reviewed by a human editor before publication.