Justice Department probes TV networks over Trump pool coverage, New York Times reports

Fox Corporation and Roku shareholders approved Fox's $22 billion acquisition of Roku, which includes a $160 per share offer. The deal, pending federal antitrust approval, aims to expand Fox's streaming and advertising businesses. Fox expects to complete the acquisition by mid-2027, though regulatory review adds uncertainty.

The US Justice Department is investigating TV networks (ABC, CBS, CNN, NBC, Fox News) for potential antitrust violations after they boycotted White House coverage in response to credential revocations. The probe follows a September incident where the White House barred reporters from CNN, Politico, and MS NOW, leading to a lawsuit and temporary credential reinstatement.

Fox plans to acquire Roku for $22B, keeping Tubi and The Roku Channel separate but merging ad sales. Fox cites distinct user habits for keeping services apart. Deal completion is subject to regulatory and shareholder approvals, expected this year. Viewers and advertisers will see minimal changes post-acquisition.

ROKU, INC (ROKU) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. As previously announced, on June 14, 2026, Roku, Inc., a Delaware corporation (the “Company” or “Roku”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Fox Corporation, a Delaware corporation (“FOX” or “Parent”), Falcon Merger S

Fox Corporation is acquiring Roku, Inc. in a two-step merger, with a special shareholder meeting scheduled for October 14, 2026. The deal faces a shareholder lawsuit alleging fiduciary breaches, but Fox has supplemented disclosures to mitigate risks. Fox's stock has a Buy rating with an $85 price target, according to recent analyst reports.

Fox Corp. (FOXA) agreed to acquire Roku in a two-step merger, with stockholder meetings set for Oct 14, 2026. A lawsuit alleges disclosure omissions. Fox hired Morgan Stanley for $30M, including $5M paid and $25M contingent. The registration statement is effective Sept 1, 2026.