Tech News: 2024 Ones To Watch - Tubi CEO Anjali Sud on Making Her Mark in Streaming

Thought it was black owned....booooo
Fox Corporation owns Tubi, but I’m curious about their long-term strategy.


In 2020, Tubi TV was acquired by Fox Corporation for $440 million, making it a subsidiary of the media conglomerate. Fox Corporation, headed by CEO Lachlan Murdoch, saw the potential of Tubi TV as a strategic move to expand its digital media offerings and capitalize on the growing demand for ad-supported streaming services.

Under Fox Corporation’s ownership, Tubi TV has continued to thrive, increasing its user base and content library. The acquisition has provided Tubi TV access to Fox Corporation’s resources and expertise, enabling it to enhance its platform and deliver a high-quality streaming experience to its viewers.

As part of the acquisition, Farhad Massoudi and Thomas Ahn Hicks remained involved in the company, continuing to contribute to Tubi TV’s growth and development. Their entrepreneurial vision and industry knowledge continue to shape Tubi TV’s business model and strategic direction.

 
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