March 20, 2020

Tubi TV

FOX to Buy AVOD Service Tubi for $440 Million in Cash Deal

In the latest game of streaming service musical chairs, FOX announced that it will buy ad-supported streaming video service Tubi for $440 million in an all-cash deal. As part of the agreement, FOX could potentially pay another $50 million over the course of the next three years in the form of deferred compensation and unvested

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