Fox is looking at potentially acquiring Tubi, the ad-supported streaming service, in a deal worth more than $500 million, according to the Wall Street Journal on Friday.
Reps for both Fox and Tubi declined to comment to TheWrap.
Tubi offers a wide selection of free shows and movies; the service, if you head to its homepage currently, highlights “The Last Samurai,” “Daddy Day Care,” and Gordon Ramsay’s “Hell’s Kitchen” among its most popular selections. If a deal is reached, San Francisco-based Tubi could be a potential landing spot for Fox’s content, as well as provide a large audience for it to advertise new shows. In December, Tubi announced it had passed 25 million monthly active viewers.
Also Read: Why the Pay-tv Bundle Is Not Dead Yet in the Streaming Era
Fox’s interest in Tubi comes as more entertainment giants have looked towards Avod services as acquisition targets — even in...
Reps for both Fox and Tubi declined to comment to TheWrap.
Tubi offers a wide selection of free shows and movies; the service, if you head to its homepage currently, highlights “The Last Samurai,” “Daddy Day Care,” and Gordon Ramsay’s “Hell’s Kitchen” among its most popular selections. If a deal is reached, San Francisco-based Tubi could be a potential landing spot for Fox’s content, as well as provide a large audience for it to advertise new shows. In December, Tubi announced it had passed 25 million monthly active viewers.
Also Read: Why the Pay-tv Bundle Is Not Dead Yet in the Streaming Era
Fox’s interest in Tubi comes as more entertainment giants have looked towards Avod services as acquisition targets — even in...
- 2/21/2020
- by Sean Burch
- The Wrap
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