September 10, 2026
Fox expects to close its Roku acquisition in the first half of 2027 and confirms the Department of Justice has asked for more information.
What happened
Fox Corp said its deal to buy Roku should close in the first half of 2027. The company also confirmed it received a request for additional information from the U.S. Department of Justice. Fox shares moved 1.8 percent on the day, a larger swing than 77 percent of its daily moves over three years. Roku shares gained 0.6 percent.
Why it matters
The announcement gives investors a concrete timeline for a tie-up that would pair a major content library with a streaming distribution platform. Confirmation of a DOJ request signals regulatory scrutiny, and the timing suggests the review could stretch through the coming year. A deal of this scale also re-weights how peers in both media and streaming hardware are valued, as the market absorbs a combined entity.
The case against
A close two years away leaves plenty of room for the deal to break. Stepped-up antitrust review may force concessions or block the combination outright if regulators see too much concentration. The modest move in Roku shares also suggests the market is not yet sold that this deal gets done.
What settles it
What the DOJ ultimately demands or permits in its review will settle whether this timeline holds.