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.
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.
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.
Roku Channel gets picked up by Nielsen’s The Gauge
The free streaming service captured 1.1 percent of the domestic television audience in May.
Maximum Effort Channel debuts on free streaming platforms
The Maximum Effort Channel is available on Fubo as well as a number of free, ad-supported streaming platforms, including Xumo and Tubi.
Fox says Super Bowl, Tubi helped increase revenue
The broadcaster logged a $54 million loss due to its settlement with Dominion, but the performance of the company remains strong, executives affirmed.
Tubi CEO Farhad Massoudi steps down as Fox reorganizes business
Fox is launching the Tubi Media Group, which will incorporate most of its digital businesses like Tubi and Credible.