Fox Acquiring Roku for $22B: What Canadian Employees Need to Know

Is Fox Acquiring Roku?

Yes. Fox is looking to acquire Roku in a cash-and-stock deal valued at approximately $22 billion US, including debt.

“Over the past 2 decades, we’ve built Roku into the leading TV streaming platform, reaching more than 100 million households globally and reshaping how people discover and enjoy entertainment,” Anthony Wood, founder and CEO of Roku, said in a joint news release on June 15, 2026.

“I’m incredibly proud of what our team has built, and the combination with Fox is an extraordinary opportunity to accelerate our vision, scale faster, and innovate more aggressively for viewers, partners, and advertisers.”

The deal, subject to various approvals, is currently expected to close in the first half of 2027.

Impact on Canadian Staff

Following an acquisition or merger, it’s not uncommon for non-unionized workers to be fired or let go.

It remains unclear what will happen to the dozens of Canadian employees at Roku if the deal gets the green light.

• SEE ALSO: Roku Layoffs: Employee Rights & Severance Pay in Canada

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.