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Netflix's Roku loss points to bigger streaming risk
TheStreet48d agoneutral
Netflix's Roku loss points to bigger streaming risk

For years, Netflix (NFLX) has been trying to convince Wall Street that growth can still be driven by streaming size, global content, and pricing power. The argument is still valid, but that might not be the whole story anymore. Fox’s imminent acquisition of Roku offers a new kind of edge in ...

Fox stock gets sobering BofA call amid Roku deal
TheStreet48d agoneutral
Fox stock gets sobering BofA call amid Roku deal

Fox (FOX) just made the biggest move of its post-Disney era, agreeing to buy Roku for roughly $22 billion. But the stock fell sharply the day the deal landed and kept sliding the next session, pushing Fox shares to a fresh 52-week low. Now one of Wall Street’s most followed analysts has weighed in, ...

Roku (ROKU) Partners With Smartly To Bring Social Ad Tools To Connected TV
Simply Wall St.49d agoneutral
Roku (ROKU) Partners With Smartly To Bring Social Ad Tools To Connected TV

Roku, Inc. (NasdaqGS:ROKU) announced a partnership with Smartly, an AI-powered ad tech platform, to connect Smartly directly with Roku Ads Manager. The collaboration allows marketers to run connected TV campaigns on Roku using familiar social ad tools and workflows. The integration is intended to streamline creative production for TV campaigns and broaden access for social advertisers to Roku's streaming platform. Roku sits at the intersection of streaming and advertising, with its platform...

Why Netflix or Disney Should Hijack Fox’s Roku Deal
Barrons.com49d agoneutral
Why Netflix or Disney Should Hijack Fox’s Roku Deal

Markets may soon have to grapple with another media M&A battle, just months after the end of the messy Warner Bros. Discovery takeover saga. Fox said on Monday that it had agreed to buy streaming device maker Roku for $22 billion in stock and cash. “ Disney Netflix or Comcast could come over the top, so long as they are willing to pay the $900 million termination fee,” Wolfe Research analyst Peter Supino said in a research note this week.

Why FOX (FOXA) Stock Is Trading Lower Today
StockStory49d agoneutral
Why FOX (FOXA) Stock Is Trading Lower Today

Shares of cable news and media network Fox (NASDAQ:FOXA) fell 5.3% in the morning session after the company's stock continued to fall following its announcement of a $22 billion deal to acquire streaming platform Roku.

Netflix reportedly tried & failed to buy Roku, Western Digital is the new AI play
Yahoo Finance Video49d agobullishVIDEO
Netflix reportedly tried & failed to buy Roku, Western Digital is the new AI play

Yahoo Finance Senior Reporter Brooke DiPalma and Yahoo Finance Senior Business Reporter Ines Ferré chat with Market Domination host Josh Lipton about why Western Digital (WDC) is becoming a major AI play; how the "Magnificent Seven" stocks may soon include Anthropic (ANTH.PVT), OpenAI (OPAI.PVT), and SpaceX (SPCX), and Netflix's (NFLX) reportedly failed bid to buy Roku (ROKU).

Netflix (NFLX) Weighs Lionsgate After Missing Out On Roku And Warner Bros. Discovery
Simply Wall St.49d agobearish
Netflix (NFLX) Weighs Lionsgate After Missing Out On Roku And Warner Bros. Discovery

Netflix (NasdaqGS:NFLX) recently pursued large media deals, including unsuccessful bids for Roku and Warner Bros. Discovery. The company is now reported to be evaluating an acquisition of Lionsgate Studios as it reassesses its approach to growth. These potential transactions would represent a shift from Netflix's long focus on organic scaling to larger corporate combinations. Netflix remains best known for its global streaming service, supported by a growing advertising tier and an...

Fox to acquire streaming device maker for $22 billion
TheStreet50d agoneutral
Fox to acquire streaming device maker for $22 billion

If you have a Roku device at home, and statistically, there's a good chance you do, your TV's home screen may soon have a new owner. Fox Corporationannounced June 15 that it has reached a deal to buy Roku for $160 per share. That values the company at roughly $22 billion. The deal is expected to ...

Fox Stock Extends Slide to Second Day After Roku Deal
Barrons.com50d agoneutral
Fox Stock Extends Slide to Second Day After Roku Deal

Fox stock continued to fall a second day after the broadcaster announced an agreement to buy streaming technology maker Roku on Monday. Fox Class A shares were down 5.6% at $51.69, and Fox Class B shares were down 5.1% at $47.42 just after 11 a.m. Eastern time. Roku shares were down 1.5% at $138.80.