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Stratechery by Ben Thompson

The market hates Fox's acquisition of Roku, but the company is trading extraction from rights holders for leverage as a renter.
https://stratechery.com/2026/fox-buys-roku-the-problem-with-foxs-smart-strategy-streaming-that-works/

stratechery.comFox Buys Roku, The Problem With Fox’s Smart Strategy, Streaming That Works – Stratechery by Ben Thompson

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