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Candle Media’s Mayer Says Fox’s $22 Billion Roku Deal Shows Rise of Ad-Supported Streaming

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2026-06-18 22:01:13
Fox Corp.’s $22 billion acquisition of Roku Inc. shows free-to-watch, ad-supported streaming services are becoming a major force in entertainment, according to Bloomberg, citing Candle Media Inc. co-Chief Executive Officer Kevin Mayer.
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