Fox to Buy Roku Streaming Service in $25 Billion Deal (opens in new tab)

The Wall Street Journal on Monday: Fox Corp\. said it is acquiring Roku in a deal valued at around $25 billion, making a major bet on the future of ad-supported streaming\. The deal — Fox’s largest to date — brings together a media company known for its live news and sports programming with the biggest provider of streaming platforms for connected TVs\. It will add scale to Fox’s streaming business, currently home to free, ad-supported streaming service Tubi, which the company bought for $400...