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FOX to Acquire Roku: What It Could Mean for Roku Device Owners (and Streamers Everywhere)

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hand holding smartphone with streaming apps. ROKU
Photo by Jakub Zerdzicki on Pexels.com

FOX Corporation says it has reached a definitive agreement to acquire Roku in a cash-and-stock deal valued at $160 per share, putting Roku at roughly $22 billion in enterprise value. On paper, it’s a classic “content meets platform” move: FOX brings premium live programming (sports, news, entertainment) and Tubi, while Roku brings the connected TV operating systemThe Roku Channel, and a direct relationship with more than 100 million streaming households.

For STM Daily News readers, the big question isn’t the stock math—it’s the practical one: what changes for people who already own a Roku device or use Roku’s service? Here’s what the companies are saying, what’s likely, and what to watch as the deal heads toward a targeted close in the first half of 2027.

The headline: FOX wants the “front door” to streaming

Roku isn’t just a streaming stick. It’s the home screen millions of people see every day—the place where apps are discovered, promoted, and monetized. FOX is betting that pairing its live content (especially sports and news) with Roku’s platform and ad tech creates a scaled media-and-technology business with stronger reach and advertising power.

FOX and Roku also emphasized that Roku will continue operating as an “open, partner-friendly platform,”and that FOX content will remain widely distributed. That’s an important promise—because Roku’s value depends on being a neutral platform that works with everyone.

What this could mean for Roku owners (the consumer view)

1) Your Roku device should keep working—no “sudden shutdown” expected

Nothing in the announcement suggests existing Roku players or Roku TVs will stop functioning. In most acquisitions like this, the priority is stability: keep devices running, keep accounts intact, keep app availability broad. Roku’s installed base is the asset.

What to watch for: changes to software update cadence, account terms, or how the home screen is organized.

2) Expect tighter FOX + Roku integration (and more promotion)

If FOX owns Roku, it can promote FOX properties more aggressively across the Roku interface—think:

  • More prominent placement for Tubi and The Roku Channel
  • Faster paths to live FOX events (sports, breaking news)
  • Bundled sign-ups or simplified authentication

This could be convenient for viewers who already watch FOX content. It could also feel like “more FOX everywhere” if the home screen starts prioritizing FOX-owned services.

What to watch for: whether Roku’s home screen recommendations become noticeably more FOX-heavy.

3) Advertising could get smarter—and more intense

Both companies highlighted reach, engagement, and monetization. Roku’s first-party data and ad platform are a major part of the appeal. FOX’s live sports and news are premium ad environments. Put together, the combined company will likely push for:

  • More advanced ad targeting and measurement across streaming
  • More ad inventory tied to live events
  • Stronger cross-promotion between linear TV and streaming

What to watch for: ad load (how many ads you see), frequency (how often you see the same ad), and new ad formats.

4) The Roku Channel and Tubi could become a bigger “free TV” hub

Roku already operates The Roku Channel, and FOX owns Tubi—two major free, ad-supported streaming services (FAST). A combined strategy could mean:

  • More shared content pipelines
  • Expanded live channels
  • A clearer “free streaming” destination inside the Roku ecosystem

What to watch for: whether the services stay distinct or begin to merge features, libraries, or branding.

5) App availability is the make-or-break issue

Roku’s strength comes from being the platform where all the major services want to be. If partners believe the platform is no longer neutral, negotiations can get tense.

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FOX and Roku say they intend to keep Roku open and partner-friendly. That’s a signal to streaming services, device makers, and advertisers: “we’re not closing the ecosystem.”

What to watch for: any public disputes over app placement, revenue share, data access, or carriage terms.

What the deal terms tell us (and why it matters)

FOX says it expects the deal to be accretive to free cash flow per share by the second full year after closing and targets about $400 million in run-rate cost synergies, with additional revenue upside. Translation: there will be pressure to streamline operations and increase monetization.

FOX also plans to fund the cash portion with new debt and cash on hand, with a pro forma net leverage expectation of about 2.8x (including partial credit for synergies). That kind of financing structure typically increases the importance of predictable cash generation—often from advertising and platform economics.

Timeline: nothing changes overnight

The transaction still needs shareholder approvals and U.S. and non-U.S. regulatory approvals, and the companies expect to close in the first half of 2027. That means the Roku experience you have today is likely to remain largely the same in the near term.

Bottom line: convenience vs. control

For consumers, this deal is a tug-of-war between two outcomes:

  • Convenience: easier access to FOX content, stronger free streaming options, and a more integrated experience.
  • Control: more aggressive promotion, more advertising optimization, and potential shifts in platform neutrality.

If you’re a Roku owner, the best move right now is simple: keep an eye on interface changes and terms-of-service updates as the deal progresses. The “what to watch for” items above will be the early signals of whether this becomes a viewer-friendly upgrade—or a more tightly monetized streaming front door.

What to watch for next

  • Regulatory review updates and any conditions attached to approval
  • How FOX positions Tubi vs. The Roku Channel
  • Any changes to Roku’s partner relationships (major app negotiations)
  • New product announcements tied to live sports/news streaming

Source (press release):
Fox Corporation via PRNewswire — “FOX CORPORATION TO ACQUIRE ROKU, INC.” (June 15, 2026)

Related external links (as referenced in the release):

STM Daily News will continue tracking what this acquisition means for cord-cutters, connected TV users, and the future of streaming discovery.

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From Hand Signals to Smart Crosswalks: The Evolution of the Modern Pedestrian Signal

Discover the history of the modern pedestrian signal, from Garrett A. Morgan’s groundbreaking traffic signal to today’s smart, accessible crosswalks.

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Last Updated on July 12, 2026 by Daily News Staff

The Evolution of the Modern Pedestrian Signal

Every day, millions of people rely on pedestrian signals to cross busy street safely. A glowing white walking figure, an orange-red hand, and a countdown timer have become familiar sights around the world. While these signals may seem like simple pieces of infrastructure, they are the result of more than a century of innovation, engineering, and public safety improvements.

The modern pedestrian signal did not appear overnight. Instead, it evolved through the contributions of inventors, engineers, city planners, and transportation officials who continually refined traffic control systems as cities grew and automobiles became more common.

The Early Days of Traffic Control

Before electric traffic signals, intersections were controlled by police officers, railway-style semaphores, or even hand signals. As horse-drawn wagons gave way to automobiles in the early 1900s, traffic congestion and accidents increased dramatically, creating an urgent need for better traffic management.

One of the earliest electric traffic lights was installed in Cleveland, Ohio, in 1914. It used red and green lights and was manually operated. While it improved vehicle movement, pedestrians still had to judge for themselves when it was safe to cross.

How the Modern Pedestrian Signal Changed the Way We Cross Streets

Garrett A. Morgan’s Breakthrough

One of the most important milestones came in 1923 when inventor and entrepreneur Garrett Augustus Morgan received U.S. Patent No. 1,475,024 for an improved traffic signal.

Morgan’s design introduced a third position in addition to “Stop” and “Go.” This intermediate phase temporarily stopped traffic in every direction before allowing vehicles to proceed. The brief pause reduced confusion at intersections and provided additional time for pedestrians to cross safely.

Morgan reportedly developed his design after witnessing a serious traffic accident. His invention demonstrated how thoughtful engineering could improve public safety while making increasingly busy streets more efficient.

Although Morgan did not invent the illuminated “WALK” and “DON’T WALK” pedestrian signal used today, his three-position signal became a foundational step in the evolution of modern traffic control.

The Birth of Dedicated Pedestrian Signals

As cities expanded after World War II, pedestrian safety became an even greater concern. More people were walking in increasingly crowded downtown districts, and separating pedestrian movements from vehicle traffic became a priority.

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During the early 1950s, several American cities began experimenting with dedicated pedestrian signals. New York City became one of the first major municipalities to install illuminated “WALK” and “DON’T WALK” signs at busy intersections.

These early systems gave pedestrians their own designated crossing phase, reducing conflicts with turning vehicles and improving safety at some of the nation’s busiest intersections.

Standardization Across America

By the 1960s and 1970s, traffic engineers recognized the importance of creating consistent traffic control devices nationwide.

The Manual on Uniform Traffic Control Devices (MUTCD) established national standards for traffic signs, pavement markings, and pedestrian signals. Standardized designs helped ensure that pedestrians could understand crossing signals regardless of where they traveled in the United States.

Eventually, words gave way to internationally recognized symbols—a walking person to indicate it was safe to cross and an upraised hand to indicate pedestrians should wait. These symbols transcended language barriers and improved accessibility for visitors and non-English speakers.

The Countdown Era

One of the most significant modern improvements arrived with pedestrian countdown timers.

Rather than simply flashing a warning, countdown displays show exactly how many seconds remain before the crossing phase ends. Research has shown that countdown timers help pedestrians make better crossing decisions and improve compliance with traffic signals.

Today, countdown timers have become standard equipment at intersections across much of the United States.

Accessibility Takes Center Stage

Modern pedestrian signals are designed to serve everyone.

Accessible Pedestrian Signals (APS) now provide audible tones, spoken messages, vibrating push buttons, and locator sounds that assist pedestrians who are blind or have low vision. These features allow more people to navigate intersections independently and safely.

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The continued development of accessible technology reflects a broader commitment to making transportation systems inclusive for all users.

The Future of Pedestrian Safety

Pedestrian signals continue to evolve.

Many cities now use smart traffic systems that detect pedestrians waiting to cross, automatically adjust signal timing based on traffic conditions, and prioritize people walking during busy periods.

Researchers are exploring artificial intelligence, connected vehicle technology, and sensor-based systems capable of communicating directly with autonomous vehicles. Future pedestrian crossings may adapt in real time to weather conditions, crowd sizes, emergency vehicles, and even the needs of older adults or individuals with disabilities.

A Legacy Built by Many Innovators

The pedestrian signal we know today is the product of more than a century of collaboration and innovation.

Early traffic engineers created the first electric traffic lights. Garrett A. Morgan improved intersection safety with his groundbreaking three-position traffic signal. Transportation agencies standardized traffic control devices, while engineers continued refining pedestrian technology through countdown timers, accessible features, and intelligent traffic systems.

Every safe crossing today reflects the work of countless inventors, planners, researchers, and public officials dedicated to protecting lives.

As cities continue to grow and transportation technology advances, the humble pedestrian signal remains one of the most effective—and often overlooked—public safety innovations ever developed.

At STM Daily News, we celebrate the inventors, engineers, and visionaries whose everyday innovations quietly improve life for millions of people. Sometimes the most important inventions aren’t the ones that grab headlines—they’re the ones we depend on every single day without giving them a second thought.

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🧠 Discover the remarkable innovators, inventors, and trailblazers who helped shape our world but rarely receive the recognition they deserve. Share your thoughts in the comments and subscribe to the STM Daily News newsletter to catch every new Forgotten Genius Friday feature and more inspiring stories delivered to your inbox.

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Why Gen Z is falling in love with film photography

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A group of children gather around a girl holding a strip of developed film in a darkroom. Photography
Children look at developed film in a darkroom during an analog photography workshop held in southeastern Turkey on June 14, 2026. Yasin Akgul/AFP via Getty Images

Rotem Rozental, University of Southern California

Film photography is experiencing a resurrection, summoned by unlikely conjurers: Gen Z.

It wasn’t too long ago that analog photography – which uses photographic film and chemical processing – was declared all but dead, relegated to the province of niche hobbyists and professional artists.

Digital cameras had taken over nearly all areas of photographic production. Film industry titans like Polaroid and Kodak had shrunk dramatically from their heyday, becoming shells of their former selves. Darkrooms, where students learned how to manually develop and print film, shuttered at high schools and college campuses across the country, replaced by digital labs. For most people, the spirit of analog photography was mainly channeled through Instagram filters.

But within the past five years, younger people have been increasingly drawn to the old way of doing photography.

In 2025, 35% of the 42 million active film camera users worldwide were reported to be between the ages of 18 and 30. The year prior, online searches for analog photography saw a 41% rise.

Disposable camera sales have been steadily increasing since 2023. The photography journal PetaPixel went a step further and announced 2024 as “film’s best year in decades,” as major brands have introduced new cameras in response to renewed demand and revived classic models. More than 30% of respondents to a 2024 Ilford Photo survey on film photography were in the 25-34 age group.

As I’ve witnessed more and more of my undergraduate art and design students embrace analog photography, I’m not seeing this as a trend rooted in a nostalgic yearning for the past. Instead, I’m seeing it as young people rejecting algorithms, breaking free from the alienation of social media and reacting to childhoods spent on Zoom and TikTok – a deliberate move to redefine the future of art, social connection and engagement with the world.

Pining for a ‘third place’

In my work as a historian of photography and lecturer at the University of Southern California, I’ll often ask my students about how they take photos – whether they’re using digital cameras their smartphones or analog devices.

This year, for the first time, some of my students discussed images they’d printed and the physical photography albums they’d put together of their friends and family. They talked about how they’d also been sending postcards, writing letters and tacking photographs to their bedroom walls.

Young Black man wearing a black hat and black sweatshirt holds a small camera up to his eyes to snap a photograph.
New York Knicks forward OG Anunoby snaps a photo with a disposable film camera during the team’s victory rally on June 18, 2026, after winning the NBA Finals. Craig T. Fruchtman/Getty Images

I couldn’t help but think about how so much of the language tied to early social media seemed to refashion physical gestures for a virtual world – “posting” on a “wall,” “poking,” “tagging” and “bookmarking,” not to mention “friending.”

This was a rhetorical move by social media companies, likely designed to help people feel as though they were in a familiar terrain of social connection. Yet the underlying business model of these platforms depended more on maximizing engagement and advertising revenue than on nurturing authentic relationships.

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Everyone knows what happened next: The more connected young people became online, the more isolated and detached they started to feel. The COVID-19 lockdown pushed social life online even further, and researchers are only now starting to see how the combination of increased screen time and isolation negatively affected adolescents’ mental health. By 2023, 51% of American teenagers reported they spend at least four hours a day on social media.

I see the attraction of analog photography as a response to life lived through screens, a pathway toward community engagement and the desire for what sociologists call “a third place.”

Coined by sociologist Ray Oldenburg in his 1989 book “The Great Good Place,” third places are meant as a space separate from home and work. They offer a reprieve for the in-between, generating the conditions needed for creative cross-pollination. They might include a local cafe, a neighborhood writing group, a weekly Magic: The Gathering game or a college fraternity – any space that allows for social interaction and personal growth.

These spaces also combat loneliness. They get people out of their heads and into a community. Oldenburg also referred to them as “havens of sociability,” places or gatherings where people can arrive alone to join others, and the atmosphere is “democratic and festive.”

Analog communities IRL

In April 2026, the inaugural AnalogCon took place in Los Angeles. Organized by the Los Angeles Center of Photography, where I serve as executive director and chief curator, it was a festival for all things analog photography. It didn’t just serve as a third place for photography enthusiasts; it also showed how analog photography – as a practice, ritual and community – is flourishing.

Vendors, industry leaders, artists and teachers participated in the two-day event, which included exhibitions, panels, demonstrations and guided photography tours around Little Tokyo. The excitement and thirst for similar events was palpable.

Photography now joins a broader trend of a generational preoccupation with physical cultural objects and media. Although music streaming represents 82% of revenues generated in the music industry, vinyl records sales have been rising for over a decade, crossing the US$1 billion threshold in the U.S. in 2025.

A table featuring an array of camera equipment spanning different eras, with hands holding some of the objects.
Customers peruse vintage film cameras at a stall on Brick Lane in London’s East End on June 14, 2026. Richard Baker/In Pictures via Getty Images

Nearly 60% of Gen Z are now purchasing records. VHS tapes and VCR players are also making a strange comeback, with stores like Be Kind Video and Videotheque in California offering VHS, DVDs and Blu-ray rentals.

But beyond that, record stores and video rental shops have become third places in their own right. There’s a big difference between selecting a film to stream from your bed and getting out of the house, going to a store and talking about movies with a clerk and fellow film enthusiasts.

Think about the sound a tape cassette makes when you open and close it, or the vibrant graphics on the covers of DVDs or VHS tapes. Think about rewinding or making a mixtape for your recent crush. These are objects of belonging that signal specific cultural moments, rituals and aesthetics, and many young people today are starting to experience them for the first time.

Now, think about gently inserting a roll of film into a camera. Think about choosing an angle carefully when snapping a photo, because the number of frames is limited and you want to make them count. Think about the thrill of discovery when the pictures finally emerge as objects on paper.

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To me, these are more than fleeting trends. They signal a push against a digital culture that is designed to cultivate envy and reward outrage, insults and humiliation.

Instead, armed with rolls of film, more and more Gen Zers appear to be opting out of their algorithmic feeds in favor of experiencing life in ways that feel more deliberate, personal and tangible.

Rotem Rozental, Lecturer in Critical Studies, Roski School of Art and Design, University of Southern California

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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Consumer Corner

How to Protect Yourself from a Smartphone Scam

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How to Protect Yourself from a Smartphone Scam

How to Protect Yourself from a Smartphone Scam

(Feature Impact) The first sign is unexpectedly losing access to your cell phone. Soon after, when you connect to Wi-Fi, the gravity of the situation sinks in: a criminal has gained access to your cell phone number and is trying to siphon money from your credit cards and bank accounts.

The scam is called SIM swapping, or SIM hijacking, and it’s a concern for law enforcement in the United States and abroad as more than 5,000 people have reported SIM swapping scams to the FBI since 2022. Older adults, caregivers and families can benefit from understanding the warning signs of SIM swapping and taking simple security steps to prevent it from happening.

How SIM swapping works

A SIM card, or its digital version known as an eSIM, helps connect a phone number to a carrier network. In a SIM swapping scam, a criminal collects basic information about their victim, such as their name, birthdate and address, to try to move the victim’s phone number to a SIM card or eSIM profile the criminal controls.

Once complete, the scammer gains access to accounts you may be logged into on your phone, such as bank accounts or credit card apps, without touching your phone or being near you.

How to protect yourself from SIM swapping scams

Preparation is the best protection against SIM swapping. Cell phone users should use strong, unique passwords for each online account – password managers are a helpful tool in creating complex and randomized passwords. Use two-factor authentication where it’s offered; this adds an extra layer of security when accessing sensitive accounts.

Next, consumers should protect personal information they share online, whether on social media or in texts or emails asking for identifying data, such as PIN numbers, birthdates or one-time security codes. Be wary of anyone pushing you to share personal information, particularly if they’re pushy with their request or make it sound urgent.

Check your mobile carrier to see if it offers SIM protection. For example, Verizon customers can toggle on a protection feature on the carrier’s website or app to lock lines on their account to help prevent SIM changes.

If you get an unprompted notification that your SIM has been changed, or otherwise suspect you’ve been targeted in a SIM swapping scam, contact your banks immediately and have them freeze your accounts, including ones the criminals may not have targeted yet. Next, work with your cell phone provider to help regain access to your mobile device. If you’re able, share as much information as possible with law enforcement so they can investigate, or at least document trends, in how often this scam occurs.

To find more advice to protect against smartphone scams, visit Verizon.com.

Photo courtesy of Shutterstock

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SOURCE:

Verizon

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