Fox says ad revenue from Tubi will exceed broadcast nets
Revenue from Fox’s Tubi TV is expected to surpass that of its broadcast networks, an executive predicts.
The Fox Corporation ($FOXA) is an American broadcast and cable television programmer based in New York City. It operates the Fox broadcast network, Fox Sports, Fox News Channel and more than two dozen Fox-owned broadcast stations in the United States. It also owns the streaming television service Tubi.
Revenue from Fox’s Tubi TV is expected to surpass that of its broadcast networks, an executive predicts.
Fox News will debut a new ad-supported streaming TV channel called Fox Weather in the second-half of 2021.
The network may focus its financial efforts on Sunday afternoon games instead, an executive said.
Tubi TV added more than two dozen live news streams to its platform this week.
Comcast is expected to pull the NBC app and several local NBC and Telemundo station apps later this week.
Fox Corporation’s cable news and business programming will soon be available to audiences in other countries, Fox executives announced on Tuesday.
Disney is retiring the Fox brand from its film and studio assets acquired early last year.
With new parent company Fox Corporation at the helm, ad-supported streaming service Tubi TV has expanded its library of free content.
A company forced into bankruptcy after pirating films from blockbuster movie studios has filed reorganization plans with a federal court that charts the next course for the service.
Streaming app Tubi TV has checked in to more than 30,000 hotel rooms across the country thanks to a partnership with Enseo.