Fox CEO: Tubi Value Not Reflected in Stock Price, Suggesting Possible Future Spin-Off
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Fox CEO: Tubi Value Not Reflected in Stock Price, Suggesting Possible Future Spin-Off
With Fox Corp.’s ad-supported streaming service Tubi generating record revenue, viewership and viewing time, CEO Lachlan Murdoch says the platform, which was the first AVOD to live-stream the Super Bowl, is undervalued by Wall Street. Speaking on the Feb. 12 fiscal call, Murdock again heralded Tubi’s 35% increase in quarterly revenue, which exceeded the previous … Continue reading "Fox CEO: Tubi Value Not Reflected in Stock Price, Suggesting Pos…
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