The U.S. Department of Justice has issued a formal Second Request to Fox Corporation regarding its proposed $22 billion acquisition of streaming platform Roku, signaling an extended antitrust investigation into the deal.
Regulators are scrutinizing how combining Fox’s broadcast networks, live sports portfolio, and Tubi streaming asset with Roku’s OS ecosystem—which dominates Smart TV market share and connected-TV advertising distribution—could harm competition. Antitrust officials are reportedly examining potential self-preferencing risks, ad-tech consolidation, and carriage negotiation leverage against rival streaming applications. The regulatory delay pushes the target closing window into late 2027, posing a significant hurdle to Fox’s broader streaming strategy.
