Fox Acquires Roku Following Tubi’s Signing of Its Most Expansive Deal Ever with KevOnStage

Following Tubi's landmark deal with KevOnStage last week, parent company Fox has acquired Roku today, creating a streaming powerhouse.
Kevonstage

The landscape of free ad-supported streaming (FAST) just got a massive upgrade, both in front of and behind the screen. Last week, Tubi officially inked its most expansive, multi-year, multi-project slate deal yet with comedian, director, and internet mogul Kevin “KevOnStage” Fredericks.

The blockbuster deal solidifies Fredericks’ position as a premier creative architect for the platform. But it’s the massive macroeconomic shift happening behind the scenes today that turns this creative partnership into a full-scale industry disrupter: parent company Fox has officially announced today that it is acquiring Roku.

KevOnStage has spent over a decade building an independent digital empire. As an actor, stand-up comedian, director, and co-founder of KevOnStage Studios, he has bypassed traditional Hollywood gatekeepers to cultivate a loyal, global fanbase.

Under this new, unprecedented multi-year deal, Fredericks will develop, produce, and star in a robust slate of original projects for Tubi, spanning feature films, unscripted series, and comedy specials. The partnership represents the most expansive slate deal Tubi has ever signed with an independent Black creator.

For Tubi, locking in Fredericks is a major competitive win. His family-friendly yet culturally resonant brand of comedy, podcasts, and live-event coverage brings an actively engaged, highly vocal audience directly to the platform, an audience that traditional network television has struggled to capture.

While Fredericks began preparing his creative slate following last week’s landmark signing, Fox executed a massive corporate play today that will completely alter how his content is distributed.

Today, Fox officially announced a definitive agreement to acquire Roku, the pioneer of digital streaming hardware and operating software. This merger will combine Fox’s legacy sports (Fox Sports) and news (Fox News) networks, alongside its wildly successful FAST platform Tubi, directly into the Roku ecosystem.

By merging Tubi with Roku, the software that powers millions of smart TVs and streaming sticks across the globe, Fox is creating an absolute distribution behemoth.

Instead of requiring users to download the Tubi app, Fredericks’ upcoming slate of original movies and series will essentially be baked directly into the native home screens of millions of living rooms worldwide. It is a brilliant play that marries hardware dominance with premium, free-to-stream content.

Historically, Black creators who signed distribution deals with niche platforms often faced “the discovery trap”, meaning their content was brilliant, but audiences struggled to find where it was streaming.

The Fox-Roku merger completely eradicates this barrier for Fredericks and other diverse talent on Tubi.

By having the backing of a unified ecosystem that controls both the hardware (Roku) and the content library (Tubi), Fredericks’ slate will benefit from massive, front-page promotional placement. It provides independent Black cinema with the kind of immediate, high-visibility distribution typically reserved only for $200 million studio blockbusters.