Markets, Meditations, and Mental Models

Super Brief: Fox Bought the Remote — Super Brief

7 min · I går
episode Super Brief: Fox Bought the Remote — Super Brief cover

Description

Fox Bought the Remote. Fox is buying Roku for about $22 billion, $160 a share, ending up with 73% of the combined company. The headline reads like a media giant buying a streaming app. The real move is that Fox paid for the remote control, not the catalog. Roku owns the viewing surface: 100 million active accounts and an

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