Big news #1: Fox is rumored to be buying streaming service Tubi for $500M+.
Key details for Tubi:
1) 25M monthly viewers
2) 229 employees
3) 250 content partners
4) 20K movies and TV shows
5) 163M hours watched in December
6) 6.5 hours/month/viewer
7) $100M estimated content spend in 2020
Tubi hours watched (% growth):
1) May-19 – 94M
2) Dec-19 – 163M (↑ 73%)
Tubi hours/month/viewer (% growth):
1) May-19 – 4.7
2) Dec-19 – 6.5 (↑ 38%)
Big news #2: NBCUniversal is rumored to be buying streaming service Vudu from Walmart.
Key details for Vudu:
1) Founded in 2004
2) Purchased by Walmart in 2016 for $100M
3) 10K movies and TV shows
Big news #3: Smart TV manufacturers such as Samsung and Vizio have launched ad-supported video offerings.
More #1: 2020: Are You Ready For Mass TV Disruption?
More #2: Virtual Pay TV Providers May Soon Battle Over Ad Inventory
