Fox Corporation entered into a $1.0 billion senior unsecured term loan credit agreement on June 30, 2026, to fund its acquisition of Roku, Inc. The facility, administered by Morgan Stanley with a syndicate including Citigroup, Deutsche Bank, Goldman Sachs, and JPMorgan Chase, matures two years after the acquisition's consummation. The agreement allows for up to $1.0 billion in additional term loans and requires the company to maintain an operating income leverage ratio of 4.5 to 1.0. Interest rates are tied to the Base Rate or Term SOFR plus an applicable margin. Fox Corporation is a media company providing news, sports, and entertainment content.

Fox Corporation entered into a merger agreement to acquire Roku, Inc. through a two-step merger involving Falcon Merger Sub 1, Inc. and Falcon Merger Sub 2, LLC. Roku stockholders will receive 0.9693 shares of FOX Class A Common Stock and $96.00 in cash per share of Roku common stock. The transaction includes a $12 billion senior unsecured bridge term loan facility commitment from Morgan Stanley Senior Funding, Inc. Fox Corporation operates in the media and entertainment industry through its various broadcasting and streaming services.

Fox Corporation and Roku, Inc. entered into a definitive agreement for Fox Corporation to acquire Roku. The companies will host a joint investor conference call on June 15, 2026, to discuss the transaction. Fox Corporation is a media and entertainment company.

Fox Corporation has extended the employment terms of Executive Chair and CEO Lachlan K. Murdoch and CFO Steven Tomsic through June 30, 2030. Starting July 1, 2026, Lachlan Murdoch's target annual bonus will increase to $9,000,000 and target annual equity award to $20,000,000. Steven Tomsic's base salary will increase to $2,000,000 per annum, with a target annual bonus of $3,000,000 and target annual equity award of $4,000,000. Fox Corporation is a media and entertainment company.

Fox Corporation released its financial results for the quarter ended March 31, 2026. The specific financial data is contained in the press release attached to the filing as Exhibit 99.1.