Fox is about to take over the TVs in more than 100 million homes worldwide. On Monday, Fox announced that it's acquiring Roku, the streaming middleman that serves as a portal for viewers to hop into services like Netflix, Disney Plus, Hulu, and more. The $22 billion deal may not change Roku's familiar purple interface, but it could put Fox in control of your data behind the screen.

During a call with investors, Fox CEO Lachlan Murdoch said the plan is to keep the two companies separate. Fox aims to grow its business by adding Fox Sports, news content, and local stations to Roku - one of the most popular streaming device and smart TV platfor …

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This is where the fun begins.

Last week, Xbox boss Asha Sharma sent a memo warning of an Xbox "reset" ahead of expected layoffs, and today, Kotaku reported that Xbox plans to shut down Compulsion Games, the studio behind South of Midnight.

Since taking over in February, Sharma has made some big decisions, including cutting the price of Xbox Game Pass and making Gears of War: E-Day and Clockwork Revolution Xbox console exclusives. But in their "reset" memo, Sharma and chief content officer Matt Booty discussed many challenges facing the Xbox business, including that it has "over extended" with its studio system:

We are the fortunate stewards of industry-defining franch …

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'The truth is, everybody came with their A-game. Because the script called for it. Steven definitely calls for it.'

Fox says the deal will create the third-largest television company in the United States.

Fox is paying $22 billion for Roku, its streaming devices and its ecosystem.

Fox has announced that it's acquiring Roku outright, in a deal that values the streaming company at $22 billion. Once the deal is complete, Fox content will be promoted more heavily than before on Roku streamers and smart TVs.

The deal will see Fox's TV networks and Tubi streamer combine with Roku's network of streaming devices, smart TV software, and The Roku Channel. The companies say in a press release that by combining they'll become the third-largest player in the US TV industry by viewing share.

"This is a defining moment for Fox, and a natural extension of the deliberate and focused strategy we have been executing for nearly a decad …

Read the full story at The Verge.