Fox says news channels, Tubi helped increase revenue
Fox brought in over $3 billion in revenue last quarter, spurred in large part by Fox News and Tubi, the company said.
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.
Fox brought in over $3 billion in revenue last quarter, spurred in large part by Fox News and Tubi, the company said.
Tubi will distribute a handful of Lionsgate-produced films and TV shows under a new deal.
The head of Fox Corporation says the company intends to spend heavily on its streaming endeavors, including Tubi and Fox Nation.
Streaming television service Tubi is launching a sports programming vertical, Fox announced this week.
Tubi will try to grow its audience by incorporating more TV shows and movies into its content library — as long as they are not too much to license.
Fox Corporation’s free, ad-supported streaming service Tubi will unveil its slate of original programming later this fall.
The NFL ended months of anticipation when it announced news broadcast and cable distribution deals that cover television rights to its football games.
Executives at Fox Corporation are mulling plans to offer original programs via the company’s free, ad-supported streaming TV service Tubi, according to a report.
Free streaming TV service Tubi TV is now available on Roku players in Mexico, the company announced this week.
Revenue from Fox’s Tubi TV is expected to surpass that of its broadcast networks, an executive predicts.