Why Fox Bought Roku: Lachlan Murdoch’s $22B Streaming Bet
Rupert Murdoch chased the TV Guide of the Future for years. He spent billions trying to build an on-screen map for digital television before giving up. Now his son Lachlan looks like he’s making it happen by buying Roku in a $22 billion deal. On paper, Lachlan’s transaction seems like the thing his dad spent … Read more