# Fox Announces Completion of $22 Billion Roku Purchase; Wood to Join Board By John Kim Canonical URL: https://www.tokenpost.com/news/business/51553 Published: 2026-11-08T11:18:33.000Z Updated: 2026-11-08T11:18:33.000Z Section: Business > Roku founder Anthony Wood will also co-chair the newly formed Fox Digital Platforms. Fox announced it completed its $22 billion purchase of Roku on Nov. 6, with Roku founder Anthony Wood set to join its board and co-chair a new digital platforms unit. Wood will also lead Fox Digital Platforms jointly. The transaction had been expected to close in the first half of 2027. Before completion, Fox had received [all foreign regulatory approvals for the planned acquisition](). The agreed consideration was $160 per share in cash and Fox Class A stock, putting the deal’s enterprise value at about $22 billion. In October, Fox Class B shareholders approved issuing Class A shares for the acquisition. The tally was 197,363,560 for, 71,891 against and 45,001 abstaining; the authorization covered share issuance and did not itself close the acquisition. ## Links in this article - [all foreign regulatory approvals for the planned acquisition](https://www.tokenpost.com/news/business/46769)