Fox reports flat revenue growth amid ad market troubles
Fox reported flat revenue growth during its first financial quarter of the year, with income weighed by a continued softening in the ad market.
Tubi
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.
Lionsgate launches “Ebony TV” with Ebony Media
Lionsgate and Ebony Media are partnering together on a new free streaming TV channel called Ebony TV.
Cable bundle still best for sports, Fox Corp executive says
Fox Corporation’s Chief Financial Officer Steve Tomsic is skeptical on the idea that the cable bundle’s days are over when it comes to live sports and news content.
Channel 4 launches streaming channels in U.S.
Britain’s Channel 4 is launching two free, ad-supported streaming channels in the United States.
Fox earns $3.03 billion in revenue during Q4
Fox Corporation emerged relatively unscathed from its legal settlement, with the company reporting $14.92 billion in revenue over the last 12 months.
Networks, streamers band together to oppose FCC changes
The Preserve Viewer Choice Coalition pits major broadcast network owners against local affiliate groups in the fight over the streaming television industry’s future.
Fox Corp promotes David Espinosa to distribution president
Fox has promoted David Espinosa to the role of president of distribution, overseeing all aspects of content distribution across traditional and new media platforms.
Fox appoints Anjali Sud to CEO role of Tubi
Fox has hired former Vimeo CEO Anjali Sud to serve in the same role for its free, ad-supported streamer Tubi.
Fox shuts down TV Everywhere app, pushes streamers to Hulu
Fox becomes the first network to end support for its TV Everywhere app in the era of cord-cutting.
Connected TV advertising to reach $87 billion by 2027, report says
The new data from Ampere shows more traditional television advertisers are shifting more money into addressable connected TV inventory.
