Tubi

Tubi is an American ad-supported streaming service owned by Fox Corporation. The service was first launched in April 1, 2014 and is based in San Francisco, California.
History.
Tubi was founded by Farhad Massoudi and Thomas Ahn Hicks of AdRise in San Francisco, launching in 2014 as a free service. In May 2017, they raised US$ 20 million in round of funding from Jump Capital, Danhua Capital, Cota Capital, and Foundation Capital. In June 2019, Tubi announced it had over 20 million active monthly users, and later in September, the company reported that users had streamed 132 million hours of content. In September 2020, the company reported 33 million monthly users.
Sandy Grushow, former Fox TV chair, is an advisory board member. Mark Amin, former vice chair of Lionsgate, is an investor. Adrise, the company behind Tubi, has raised $4million in capital. Principal investors include Foundation Capital, Bobby Yazdani, Zod Nazem, SGH Capital, and Streamlined Ventures.
In 2019, CEO Farhad Massoud announced Tubi would nearly double its 2018 spend on licensed content, close to US$100 million. In February 2019, Tubi signed a distribution deal with NBCUniversal, which includes 400 TV episodes and movies.
On September 25, Tubi became available on Vizio Smartcast. On October 21, Tubi launched "Tubi Kids" - a dedicated hub for the streamer's children-centric content via Roku and supported devices.
In April 2020, Fox Corporation acquired Tubi for $440 million; Farhad Massoudi would remain at the company, which would continue as a separate subsidiary.
Global availability.
Tubi became inaccessible throughout the European Union as a result of the GDPR entering into force on May 25, 2018. It was later announced that Tubi would relaunch in the United Kingdom by early 2019.
Tubi officially launched in Australia on September 1, 2019.
In January 2020, Tubi announced an expansion to Mexico, in a partnership with TV Azteca.
Programming.
Tubi's programming includes films and television series from content providers. In addition to Fox Entertainment, other providers have included Metro-Goldwyn-Mayer, Paramount Pictures, Lionsgate, ErosSTX, Gaumont Film Company, Skydance Media, Sony Pictures, Warner Bros., Studio 100, Shout! Factory, Nelvana, WildBrain, 9 Story Media Group, Boat Rocker Media, Bleecker Street, Your Family Entertainment, Bridgestone Multimedia, Wow Unlimited Media, Entertainment One, Funimation, Xilam, Viz Media, NBCUniversal, and The Walt Disney Company. The service also carries local news from Fox-owned stations and affilliates.
Tubi uses a real-time bidding platform for advertisers that delivers video ads across various platforms.
On April 30, 2021, Tubi announced it would launch a slate of original programming starting in the fall of 2021.