Fox Corporation
Acquisitions
6
Major Deals Covered
$22.4B
Disclosed Deal Value
Fox Corporation's largest disclosed acquisition here is Roku for $22B in 2026. This page covers 6 major deals from 2019 to 2026, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Tubi | 2020 | $440.0M | Fox bought Tubi in April 2020 for about $440 million to gain a scaled free, ad-supported streaming platform that could reach cord-cutting audiences. |
| TMZ | 2021 | Undisclosed | Fox acquired TMZ in 2021. |
| MarVista Entertainment | 2021 | Undisclosed | Fox acquired MarVista Entertainment in 2021. |
| Red Seat Ventures | 2025 | Undisclosed | Fox acquired Red Seat Ventures, a producer and distributor of podcasts and digital shows from conservative personalities, in 2025. |
| Roku | 2026 | $22.0B | Announced June 15, 2026: Fox agreed to buy Roku for $160 per share in cash and stock to add a leading connected-TV platform and The Roku Channel to Tubi and FOX One. Closing is expected in the first half of calendar 2027, pending approvals. |
| Credible | 2019 | Undisclosed | Fox Corporation acquired Credible in 2019. |
2026
$22.0B
Announced June 15, 2026: Fox agreed to buy Roku for $160 per share in cash and stock to add a leading connected-TV platform and The Roku Channel to Tubi and FOX One. Closing is expected in the first half of calendar 2027, pending approvals.
2025
Fox acquired Red Seat Ventures, a producer and distributor of podcasts and digital shows from conservative personalities, in 2025.
2021
Fox acquired TMZ in 2021.
2021
Fox acquired MarVista Entertainment in 2021.
2020
$440M
Fox bought Tubi in April 2020 for about $440 million to gain a scaled free, ad-supported streaming platform that could reach cord-cutting audiences.
Tubi let Fox enter streaming through advertising rather than a costly subscription service, and it streamed Super Bowl LIX for free in February 2025.
Tubi grew to more than 100 million monthly active users and became the main source of Fox's digital advertising growth.
2019
Fox Corporation acquired Credible in 2019.
Fox's growth plan has three parts: keep raising per-subscriber distribution rates on FOX News and sports channels, grow digital advertising on Tubi, and reach cord-cutters directly. FOX One, a subscription service bundling FOX News, FOX Sports and the FOX network, launched in August 2025 after the Venu Sports joint venture with Disney and Warner Bros. Discovery was abandoned in January 2025. In June 2026 Fox agreed to buy Roku for $160 per share in cash and stock, adding a connected-TV operating system and a second ad-supported streaming platform.
Fox earns money in three ways. Distribution fees ($8.06 billion in FY2026) are paid by cable, satellite and virtual pay-TV providers such as Charter, Comcast and YouTube TV to carry FOX News, FS1 and other cable channels, plus retransmission consent and affiliate fees tied to the FOX network. Advertising ($7.34 billion) is sold around NFL, MLB, college football, the FIFA World Cup, FOX News programming, local station newscasts and Tubi streams. Content and other revenue ($1.73 billion) comes from sports sublicensing, entertainment production and studio-lot services. By segment, Cable Network Programming produced $7.35 billion of revenue and $3.10 billion of segment EBITDA, and Television produced $9.67 billion of revenue and $1.44 billion of segment EBITDA in FY2026.
Fox bought Tubi for about $440 million in April 2020. Tubi gave Fox a scaled free, ad-supported streaming platform and has grown to more than 100 million monthly active users.
In September 2021, Fox acquired leading entertainment news, celebrity media, and television brand TMZ from AT&T's WarnerMedia for approximately $50 million, integrating TMZ's syndicated television shows, digital web traffic, and breaking news into Fox Television Stations.
In 2019, Fox acquired a 67% controlling interest in consumer fintech and loan marketplace Credible Labs for $265 million. The acquisition allowed Fox to monetize consumer finance leads across Fox Business Network and digital properties.
In December 2021, Fox acquired independent television studio MarVista Entertainment for $100 million, securing an extensive production pipeline of movies and holiday content to populate Tubi and international syndication.
In 2021, Fox formed Studio Ramsay Global, a joint-venture production entity with superstar celebrity chef Gordon Ramsay, developing and owning food, lifestyle, and unscripted entertainment programming (e.g., Next Level Chef, Gordon Ramsay's Food Stars) across broadcast and streaming.
In 2019, Fox acquired Bento Box Entertainment, the award-winning animation studio behind the hit primetime comedy Bob's Burgers and The Great North, securing full creative and commercial control over its well-known Sunday night animated programming block.
Following the sale of Fox Bet, Fox secured a commercial partnership and an exclusive 18.6% equity option to acquire a stake in sports betting market leader FanDuel from parent company Flutter Entertainment, providing large exposure to U.S. online sports wagering growth.
The pending purchase of Roku, announced June 15, 2026 at $160 per share in cash and stock and about $22 billion in enterprise value, would be Fox's largest acquisition by far.
Yes. In 2020, Fox executed a massive, highly brilliant $440 million acquisition of Tubi, a free ad-supported streaming television (FAST) service. While competitors lost billions on subscription streaming, Tubi became a massive profit center for Fox, generating billions in digital ad revenue with zero production costs.
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