The transaction would also combine two major free, advertising-supported streaming businesses under common ownership: Fox’s Tubi and The Roku Channel. Both services offer television shows, movies and other programming without requiring paid subscriptions, generating revenue primarily through advertising. Roku’s television operating system and connected devices would also give Fox a larger role in how consumers discover and access subscription streaming services.

Federal regulators are continuing to examine the proposed combination. The U.S. Department of Justice has issued a second request for documents and information under antitrust laws, extending the government’s review of the acquisition. Under the law, the companies generally cannot complete the transaction until 30 days after they have substantially complied with the request, unless the waiting period is terminated earlier or otherwise modified.

The additional review creates uncertainty around the transaction’s closing date, although Fox has maintained its expectation that the acquisition will be completed during the first six months of next year. Shareholder approval does not resolve the antitrust questions being examined by federal regulators, who are reviewing the proposed combination before allowing the companies to proceed.

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