Fox Corp Predicts Tubi Will Surpass Broadcast TV

Hollywood Reporter: Fox Corp chief financial officer Steve Tomsic predicts the ad revenue from his company’s Tubi streaming service will soon surpass the ad revenue generated from its linear Fox broadcast entertainment network. Tubi is expected to generate around $300 million in advertising revenue during Fox Corp’s current fiscal year. “And over time, you’ll see the curves cross where the advertising revenue we earn on Tubi will exceed the advertising revenue we generate on the broadcast entertainment network.”