
Tubi is owned by Fox Corporation (NASDAQ: FOXA), a publicly traded American media company controlled by the Murdoch family. Fox Corporation acquired Tubi in 2020 for approximately $440 million. Tubi was founded in 2014 by Farhad Massoudi and is headquartered in San Francisco, California. Tubi is one of the largest free ad-supported streaming television (FAST) platforms in the United States, with 97 million monthly active users as of 2024.
Parent Company
Acquired
2020
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Tubi | Fox Corporation | Wholly owned |
Tubi was founded in 2014 by Farhad Massoudi in San Francisco, California. The platform launched with a vision of providing free, ad-supported access to movies and TV shows without requiring a subscription. This model, now known as FAST (Free Ad-supported Streaming Television), differentiated Tubi from subscription services like Netflix and Hulu.
Through the late 2010s, Tubi grew rapidly by licensing content from major Hollywood studios, television networks, and independent producers. The platform expanded its content library and introduced features like personalized recommendations and user profiles. Tubi raised venture capital funding from investors including Cota Capital, Danhua Capital, and Foundation Capital.
In 2020, Fox Corporation acquired Tubi for approximately $440 million. The acquisition provided Fox with a digital streaming platform at a time when ad-supported streaming was gaining traction. Fox integrated Tubi into its broader media ecosystem, leveraging Fox's content library and advertising relationships to grow the platform.
Under Fox Corporation's ownership, Tubi expanded significantly. The platform grew from approximately 33 million monthly active users in 2020 to 97 million monthly active users by the end of 2024, representing nearly tripled growth in four years. Total streaming hours reached 10 billion in 2024.
In February 2025, Tubi aired Super Bowl LIX, becoming the first free streaming service to carry a Super Bowl broadcast. This event marked a significant milestone for the FAST category and drove substantial user acquisition for the platform.
In 2025 and 2026, Tubi continued to invest in original content production, branded as Tubi Originals. The platform also expanded its ad technology capabilities, integrating with FreeWheel, AudienceXpress, and Fox's AdRise platform to offer advertisers advanced targeting and measurement tools. Tubi's content library grew to over 275,000 movies and TV episodes, including more than 300 Tubi Originals.
Is Fox Corporation publicly traded?
Yes. Fox Corporation trades on NASDAQ under ticker symbols FOXA (Class A shares, one vote per share) and FOX (Class B shares). The Murdoch family maintains voting control through the Murdoch Family Trust, which holds approximately 39% of voting power.
Who owns Fox Corporation?
Fox Corporation is controlled by the Murdoch Family Trust, which holds approximately 39% of voting power through Class B shares. Lachlan Murdoch serves as Executive Chairman and CEO. The remaining shares are held by institutional investors, mutual funds, and individual shareholders.
What is Fox Corporation's revenue?
Fox Corporation reported FY2025 (ended June 30, 2025) revenue of $14.92 billion and adjusted EBITDA of $3.71 billion. Revenue is generated through cable network programming (Fox News, Fox Business, FS1/FS2) and television (Fox broadcast network, local stations, Tubi).
What brands does Fox Corporation own?
Fox Corporation owns Fox News Channel, Fox Business Network, the Fox broadcast network, Fox Sports (FS1/FS2), Tubi, Fox Television Stations (28 local stations), and Fox Weather. The company does not own the 20th Century Fox film studio or FX Networks, which were sold to Disney in 2019.
Who is the CEO of Fox Corporation?
Lachlan Murdoch is the Executive Chairman and CEO of Fox Corporation. He assumed the role from his father Rupert Murdoch, who retired in September 2023 after more than six decades leading the family's media empire.
What was the Dominion settlement?
In April 2023, Fox Corporation settled a defamation lawsuit filed by Dominion Voting Systems for $787.5 million. Dominion alleged that Fox News knowingly broadcast false claims about Dominion's voting machines following the 2020 presidential election. The settlement was one of the largest defamation settlements in U.S. media history.
What is Tubi?
Tubi is a free ad-supported streaming television (FAST) service acquired by Fox Corporation in 2020 for approximately $440 million. Tubi offers over 200,000 movies and TV episodes at no cost to viewers, generating revenue through advertising. It is the largest FAST service in the United States by viewing hours, with annual revenue exceeding $1 billion.
Tubi operates as a digital streaming platform. No independently verified sustainability certifications from the allowed list (cruelty-free, vegan-certified, b-corp, organic-certified, fair-trade, recycled-materials, palm-oil-free, carbon-neutral) apply to a streaming service brand.
As part of Fox Corporation, Tubi falls under the parent company's corporate sustainability framework. Fox Corporation has set targets to reduce Scope 1 and 2 emissions to near zero. In 2024, Fox reported total carbon emissions of approximately 78.8 million kg CO2e, a decrease from 79.1 million kg CO2e in 2023. However, these are corporate-level commitments rather than brand-specific certifications for Tubi.
As a digital streaming platform, Tubi's environmental footprint is primarily related to data center energy consumption and content delivery network infrastructure. Streaming video requires significant energy for data centers, network infrastructure, and consumer devices. The environmental impact of streaming is an industry-wide issue rather than a Tubi-specific concern.
Tubi's workforce operates primarily through remote and distributed work arrangements, which reduces commuting-related emissions. The company's digital-first model eliminates the need for physical media production and distribution, though the net environmental benefit of streaming versus physical media depends on viewing patterns and energy sources.
Tubi's recognition comes primarily from its market performance and user growth rather than formal independent awards with named awarding bodies and years.
Tubi is widely recognized as a leader in the FAST market. The platform's growth to 97 million monthly active users and 10 billion streaming hours in 2024 demonstrates its market position. This commercial performance itself represents a form of industry recognition.
In February 2025, Tubi became the first free streaming service to carry a Super Bowl broadcast when it aired Super Bowl LIX. This milestone was widely covered in media and industry publications as a significant moment for the FAST category.
Tubi's original programming has received industry attention. Titles including SIDELINED: THE QB AND ME achieved record viewership numbers on the platform. However, specific independent industry awards with named awarding bodies and years for Tubi's content are not publicly documented.
The majority of Fortune 100 brands now advertise on Tubi, which represents a form of commercial recognition for the platform's advertising capabilities and audience reach.
Tubi has faced one notable controversy related to mass arbitration claims and advertising practices.
In May 2024, Tubi filed a lawsuit against Keller Postman, a law firm, alleging that the firm manufactured tens of thousands of meritless discrimination claims against Tubi in hopes of coercing a settlement. The lawsuit accused Keller Postman of filing arbitration claims alleging discrimination through targeted advertising based on age, gender, or sex, without identifying specific ads or claimant demographics.
The case became a landmark in the debate over mass arbitration tactics. Tubi argued that Keller Postman's practices represented an abuse of the arbitration system. The case highlighted concerns about law firms using mass arbitration as a business model to pressure companies into settlements.
In November 2025, Tubi ended its lawsuit against Keller Postman. The specific terms of the resolution were not publicly disclosed. The case drew significant attention from business and legal communities as an example of a company fighting back against mass arbitration tactics.
The controversy brought attention to Tubi's advertising practices and targeting methods. Tubi maintained that the arbitration claims were manufactured and without merit. The legal battle raised questions about advertising ethics and demographic targeting in digital advertising platforms, though no regulatory action resulted from the case.
The current status is that the lawsuit was ended in November 2025, no regulatory action was taken against Tubi, and the platform's advertising practices continue to operate within applicable regulations. The case has influenced broader discussions about arbitration reform in the technology sector.
No product recalls apply to Tubi as it is a streaming service rather than a physical product.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Paramount Global | USA | 2013 | Mass market | Global | All Genders |
Market Positioning: Tubi competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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