Fox Corporation Acquires Tubi
March 17, 2020
Fox Corporation agreed to acquire Tubi, a leading free ad-supported streaming service, for approximately $440 million in net cash consideration. The deal expands Fox’s direct-to-consumer footprint and digital advertising capabilities while Tubi will continue to operate as an independent service under Fox.
- Buyers
- Fox Corporation
- Targets
- Tubi
- Industry
- Media & Entertainment
- Location
- California, United States
- Transaction Type
- Buyout
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