Description
Tubi is an American over-the-top content platform and ad-supported streaming service owned by Fox Corporation since 2020. The service was launched on April 1, 2014, and is based in Los Angeles, California.
As of May 2024, it had 80 million monthly active users.
Tubi was founded by Farhad Massoudi and Thomas Ahn Hicks of AdRise in San Francisco, launching in 2014 as a free service under the name Tubi TV. In May 2017, they raised US$20 million in a round of funding from Jump Capital, Danhua Capital, Cota Capital, and Foundation Capital. In June 2019, Tubi announced that 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.
In 2019, CEO Farhad Massoudi announced that Tubi would nearly double its 2018 spending on licensed content, close to US$100 million. In February 2019, Tubi signed a distribution deal with NBCUniversal, which includes 400 TV episodes and films.
Tubi became available on Vizio SmartCast on September 25, 2019. On October 21, Tubi launched Tubi Kids, a dedicated hub for the streamer's children-centric content via Roku and supported devices.
