Fox Seals Roku Acquisition Amid Screen Saver Changes
Fox Corporation has completed its $22 billion acquisition of Roku, with notable changes to the popular streaming device's screensavers.
Fox Corporation has sealed its $22 billion acquisition of Roku, marking a significant shift in the tech and entertainment landscape. The deal, which closed earlier than anticipated on a Friday, brings together two giants in their respective fields, with Roku's global reach of 100 million households now under Fox's umbrella 123456.
The acquisition is not without its quirks, however. One of the most beloved features of Roku devices, the 'Aquatic Life' screensaver, is set to be replaced by the 'Roku City' screensaver. This change comes as a result of the deal, with Jim Sachs, the creator of 'Aquatic Life', ending his lucrative arrangement with Roku due to the acquisition 1. Sachs's screensaver, which has been a staple for ten years, has garnered widespread affection among users, making its departure a bittersweet moment for many 1.
Anthony Wood, the founder of Roku, is set to take on a new role within Fox, joining the board of directors and leading the company's digital platforms division 56. This move suggests a smooth transition for Roku as it integrates into its new parent company, with Wood's expertise likely to play a crucial role in shaping Fox's future digital strategies.
While the 'Aquatic Life' screensaver may be fading away, its successor, 'Roku City', promises to keep users engaged with its own unique charm. However, unlike its predecessor, 'Roku City' will feature subtle advertisements, a change that might not sit well with all users 1.
What we know
- - Fox Corporation completed its $22 billion acquisition of Roku 123456
- - The deal closed earlier than expected, on a Friday 245
- - Roku reaches 100 million households globally 245
- - Anthony Wood, Roku's founder, will join Fox's board of directors and lead Fox Digital Platforms 56
- - Jim Sachs, creator of the 'Aquatic Life' screensaver, ended his deal with Roku due to the acquisition 1
- - The 'Aquatic Life' screensaver will be replaced by the 'Roku City' screensaver on affected devices 1
- - 'Roku City' screensaver includes subtle advertisements 1
- - Many Roku users expressed sadness and disappointment about losing the 'Aquatic Life' screensaver 1
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Trust Score report
- confirmed
Fox Corp. completed its acquisition of Roku for $22 billion.
97% · supported by 6 - confirmed
The deal was valued at $22 billion.
97% · supported by 5 - confirmed
The acquisition was completed earlier than expected, closing on a Friday.
93% · supported by 3 - confirmed
Roku reaches 100 million households globally.
93% · supported by 3 - likely
Anthony Wood, Roku's founder, will join Fox's board of directors and lead Fox Digital Platforms.
83% · supported by 2 - likely
Jim Sachs, the creator of the 'Aquatic Life' screensaver, ended his lucrative deal with Roku because of Fox's acquisition.
72% · supported by 1 - likely
The 'Aquatic Life' screensaver has been available for 10 years.
72% · supported by 1 - likely
Roku will replace the 'Aquatic Life' screensaver with the 'Roku City' screensaver on affected devices.
72% · supported by 1 - likely
'Roku City' screensaver includes subtle advertisements.
72% · supported by 1 - likely
Many Roku users expressed sadness and disappointment about losing the 'Aquatic Life' screensaver.
72% · supported by 1
Follow-up checks
- Nov 08, 07:29 UTC 86% = · 6 outlets · 4 confirmed, 6 likely re-checked: no new reporting
- Nov 08, 01:29 UTC 86% = · 6 outlets · 4 confirmed, 6 likely re-checked: no new reporting
- Nov 07, 19:28 UTC 86% = · 6 outlets · 4 confirmed, 6 likely re-checked: no new reporting
- Nov 07, 13:27 UTC 86% = · 6 outlets · 4 confirmed, 6 likely re-checked: no new reporting
- Nov 07, 07:26 UTC 86% = · 6 outlets · 4 confirmed, 6 likely re-checked: no new reporting
- Nov 07, 01:14 UTC 86% · 6 outlets · 4 confirmed, 6 likely first report
Sources & references
- Ars Technica — Developer ends lucrative screensaver deal with Roku because Fox bought it
- LA Times Entertainment — Fox owns Roku after $22-billion deal closes ahead of schedule
- The Hollywood Reporter — Fox Agrees to Keep Roku Open to Rivals in Justice Department Greenlight
- TechCrunch — Fox completes its $22B acquisition of Roku
- Engadget — Fox wraps up its $22 billion Roku deal
- The A.V. Club — Roku is officially part of Fox's domain
