Fox Corp is buying streaming platform Roku in a cash-and-stock deal valued at approximately $US22 billion ($A31 billion).
The deal will give Fox access to the Roku channel, first-party data and more than 100 million global streaming households.
Fox will pay $US96 in cash and 0.9693 shares of its Class A common stock for each Roku Class A and Class B share outstanding. The transaction is valued at $US160 per Roku share.
