Roku ends smart home sales five days after Fox closes its $22B takeover
Only two smart home products remain in stock as Fox takes control of a platform Roku says reaches more than 100 million households.
By Ryan Merket · Published
Primary source: Engadget
Why it matters
The exit is an early read on how Fox will run Roku after paying about $22 billion for its streaming platform: capital and management attention go to the television home screen, advertising and subscriptions, while a small hardware line with no separately disclosed revenue is cut. For customers, Roku says support continues; for competitors such as Wyze, Ring and Nest, a distribution partner turned rival is leaving the category.
Only two smart home products remain in stock as Fox takes control of a platform Roku says reaches more than 100 million households.
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