Recent Updates — FOXA
Fox Corporation filed an amendment to its Form 8-K to include historical financial statements of Roku, Inc., and pro forma combined financial information for the proposed acquisition announced on June 14, 2026. Under the merger agreement, Fox will acquire Roku for $96.00 in cash plus 0.9693 shares of Fox Class A Common Stock per Roku share. The preliminary estimated merger consideration totals approximately $23.2 billion, funded by a $1 billion term loan facility and an $11 billion bridge facility, with plans to issue permanent senior unsecured debt. Pro forma results for the year ended June 30, 2026, show combined revenues of $22.0 billion and net income attributable to Fox stockholders of $618 million. Fox Corporation operates in the media and entertainment industry, providing news, sports, and entertainment content through broadcast and streaming platforms.
Fox Corporation reported fourth quarter fiscal 2026 revenue of $4.21 billion and net income attributable to stockholders of $691 million ($1.61 per share). Full year fiscal 2026 revenue reached $17.13 billion with full-year net income of $1.69 billion ($3.84 per share). The company declared a semi-annual dividend of $0.29 per Class A and Class B share, payable on September 23, 2026 to holders of record as of September 2, 2026. Fox also announced the acquisition of Roku and launched its streaming service FOX One. The company operates in the media and entertainment industry, providing broadcast television, cable network programming, and digital streaming services.