With Roku, Fox just won the streaming wars for the right

Image for article With Roku, Fox just won the streaming wars for the right
News Source : Salon

News Summary

  • On Monday, Fox Corporation announced a $22 billion acquisition of Roku, the connected-television platform that sits inside half of all u.s. homes with broadband internet.
  • Days earlier, the Justice Department waved through David Ellison’s $111 billion bid to merge Paramount with Warner Bros.
  • Discovery, giving the son of Oracle billionaire Larry Ellison control over both CBS News and CNN.
  • Julian Zelizer: As conservative billionaires effectively monopolize the future of content beyond cable, we are witnessing the corporate takeover of the American democratic square.
In the span of a single week, two deals reshaped the future of American media by concentrating something more valuable than content itself control over how Americans find and consume it.

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