Fox will keep sports, news on cable TV for now
The CEO of Fox Corporation says broadcast and cable TV is still the better business for its news and premium sports offerings.
Tubi is a free, ad-supported streaming television service that offers on-demand movies and TV shows as well as over 200 linear channels of content. The company operates in the United States, Canada, Latin America, Australia and New Zealand. In 2020, Tubi was acquired by Fox Corporation for around $440 million. Tubi maintains offices in Los Angeles.
The CEO of Fox Corporation says broadcast and cable TV is still the better business for its news and premium sports offerings.
The broadcaster logged a $54 million loss due to its settlement with Dominion, but the performance of the company remains strong, executives affirmed.
Fox is launching the Tubi Media Group, which will incorporate most of its digital businesses like Tubi and Credible.
Google is rolling out an updated version of its Google TV interface that will see hundreds of free television streams added to the platform.
The documentaries will focus on topics synonymous familiar to Vice’s fanbase, including online vigilantism, mass shootings and technology.
Federal lawmakers have introduced a proposal that would ban loud ads from appearing on streaming TV services.
Tubi surpassed Pluto TV last month to become the most-watched FAST service in America, Nielsen said on Thursday.
Fox’s free, ad-supported service Tubi has launched eight linear content streams of Warner Bros Discovery programming, with six more channels launching soon.
Fox raked in $4.61 billion during its second fiscal quarter of 2022, the company said on Wednesday, spurred in part by the World Cup soccer tournament and political coverage.
Warner Bros Discovery will make some HBO titles and other content available to stream for free on the Roku Channel and Fox’s Tubi.