Netflix’s Roku loss points to bigger streaming risk
Netflix shares dropped to $71.82 after Fox won a $22 billion bid for Roku. This follows a failed attempt by Netflix to acquire Warner Bros. Discovery in February. The company's one year return is -44.22%.
What changed
Fox has successfully acquired Roku, blocking Netflix's $22 billion bid.
Live updates
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Netflix fails to acquire Roku as Fox secures deal
confidence 60%Netflix shares dropped to $71.82 after Fox won a $22 billion bid for Roku. This follows a failed attempt by Netflix to acquire Warner Bros. Discovery in February. The company's one year return is -44.22%.
Still unconfirmed:
- Roku discussed selling itself to an unnamed media company on June 13, 2026.
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Netflix Stock Plummets as Roku Bidding War Ends
confidence 90%Netflix shares fell to $71.82 after losing a $22 billion bid for Roku to Fox. The company's one year return is -44.22%. This follows a failed attempt to acquire Warner Bros. Discovery in February.
What's confirmed:
- Netflix shares dropped to $71.82.
- Netflix lost a $22 billion bidding war for Roku to Fox.
- Netflix failed to acquire Warner Bros. Discovery in February.
- The one year return for Netflix is -44.22%.
Still unconfirmed:
- Netflix will remove three major shows from The Walking Dead universe on August 19.
- Roku's one year return is 55.74%.
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Netflix Stock Hits 52-Week Low After Failed Roku Bid
confidence 90%Netflix shares dropped to $71.82 following the loss of a $22 billion bidding war for Roku to Fox. The company also previously failed to acquire Warner Bros. Discovery in February. Investors are now questioning the strategic direction of the streaming giant.
What's confirmed:
- Fox agreed to purchase Roku for approximately $22 billion.
- Netflix stock hit a 52-week low of $71.82.
- Netflix lost a bidding war for Roku to Fox.
Still unconfirmed:
- Netflix offered $82.7 billion for Warner Bros. Discovery.
- Netflix stock has fallen 17% year to date.
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Fox Corp acquires Roku for $22 billion, outbidding Netflix
confidence 95%Fox Corp has signed a definitive agreement to purchase Roku for $22 billion. The deal is valued at $160 per share in cash and stock. Netflix shares declined following the news that it lost the bidding war.
What's confirmed:
- Fox Corp reached a definitive agreement to buy Roku for $22 billion.
- The deal is valued at $160 per share in cash and stock.
- Netflix shares fell 3.5% after news of the deal.
Still unconfirmed:
- Netflix shares dipped 3.47% premarket to $78.83.
- Fox CEO Lachlan Murdoch views Roku as the streaming power-up his company needs.
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Fox Acquires Roku for $22 Billion After Outbidding Netflix
confidence 90%Fox Corp has reached a definitive agreement to buy Roku for $22 billion. The deal, valued at $160 per share in cash and stock, comes after Netflix unsuccessfully pursued the company. Netflix shares fell 3.5% following the news.
What's confirmed:
- Fox Corp entered a definitive agreement to acquire Roku for $22 billion.
- The Roku acquisition is valued at $160 per share via a cash-and-stock offer.
- Netflix shares dropped 3.5% on Tuesday after reports that it was outbid for Roku.
Still unconfirmed:
- Netflix is considering film studio Lionsgate as a potential acquisition target.