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Fox Acquires Roku in $22 Billion Streaming Deal
BusinessBBCbloombergNYT+23FTcbccnbcSCMPvgmarketwatchBusiness InsiderYahoo+15 more2mo ago26 sources

Fox Acquires Roku in $22 Billion Streaming Deal

Fox announced its acquisition of the streaming company Roku in a $22 billion deal, marking a significant move into the streaming market. This acquisition is expected to combine both companies and create a major player in the streaming landscape.

Fox Corp. Q3 Profit Dips Due to Absence of Super Bowl Ad Revenue
Culturevarietydeadlineseeking-alpha3mo ago3 sources

Fox Corp. Q3 Profit Dips Due to Absence of Super Bowl Ad Revenue

Fox Corp. reported a dip in its third-quarter profit, primarily attributing the decline to the absence of Super Bowl advertising revenue. The major sporting event was not broadcast by the network during this quarter, impacting financial results.

Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”
Culturedeadline5mo ago

Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”

Fox Corp. CEO Lachlan Murdoch said CNN’s soon-to-be stewards at Paramount are apt to reinvigorate the news network, but he expressed confidence that Fox News can withstand a potential challenge. “We have been winning, and we win amongst strong competition,” Murdoch said at the Morgan Stanley Technology, Media & Telecom Conference. “Under the Ellisons, CNN […]

Melania Trump Returns to Public Eye After Month-Long Absence
PoliticsbloombergNYTFox News+19yle-uutisetaftonbladetder-spiegelle-figaroSCMPFrance 24die-pressedelfi-lt+11 more5d ago22 sources

Melania Trump Returns to Public Eye After Month-Long Absence

Melania Trump made a public appearance at the White House, joking, "I heard you missed me," after being out of the spotlight for a month. Her return ended speculation about her absence from public events.

Roku Exceeds Q2 Revenue Estimates Driven by Advertising and Subscriptions
Culturevarietydeadlinechannel-news-asia+1investing-com19d ago4 sources

Roku Exceeds Q2 Revenue Estimates Driven by Advertising and Subscriptions

Roku reported strong second-quarter results, surpassing revenue estimates due to robust performance in advertising and subscriptions. The company's platform revenue significantly contributed to exceeding Wall Street forecasts, even as it abstained from providing a future outlook amid a pending acquisition.

SpaceX Options Trading Shatters Records, Company Valuation Soars
BusinessBBCbloombergNYT+38The Guardiandr-dknzzcnbcfazberlingskele-figarosvenska-dagbladet+30 more2mo ago41 sources

SpaceX Options Trading Shatters Records, Company Valuation Soars

SpaceX saw unprecedented trading activity on its first day of options trading, with investors piling into bets that shattered records. This surge in interest propelled SpaceX to overtake Amazon as the world's fifth most valuable company, despite some analysts expressing caution about its high valuation.

Fox Entertainment Hires Media Veteran Billy Parks to Lead Creator Studios Division
Culturevarietyhollywood-reporter5mo ago2 sources

Fox Entertainment Hires Media Veteran Billy Parks to Lead Creator Studios Division

Fox Entertainment has a new driver at the wheel of its trek into creator-driven content: The company announced that it has recruited Billy Parks, a seasoned media and investment exec, as head of Fox Creator Studios. The Fox Corp. division launched Fox Creator Studios at CES 2026 as a digital-first division created to partner with […]