A significant deal has been announced in the media industry, with Fox purchasing the streaming platform Roku. The acquisition is being made through a cash-and-stock deal. The total value of the deal is approximately $22 billion.

This major transaction is likely to have implications for the streaming industry, although specifics are not provided here. For more information on this development, readers in The Woodlands can refer to the full report from ABC13 Houston, which may offer additional details and insights into the acquisition and its potential impact.