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Fox Could Buy Tubi While NBCUniversal Eyes Vudu

Accepted submission by Arthur T Knackerbracket at 2020-02-25 09:44:03
Business

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Arthur T Knackerbracket has found the following story [cnet.com]:

Fox is reportedly eyeing Tubi. [Editor's Note: Tubi is a streaming service.]

Tubi is available in the US, Canada and Australia on Android and iOS, as well as on devices such as Amazon Echo Show [cnet.com], Google Nest Hub Max [cnet.com], Roku [cnet.com] and Apple TV [cnet.com]. Content is also viewable at www.tubi.tv [www.tubi.tv]. The company plans to launch in more areas including the UK and Mexico in the coming year.

Fox didn't immediately respond to a request for comment. Tubi declined to comment.

As more streaming services such as Disney Plus [cnet.com] and Apple TV Plus [cnet.com] launch to compete with the likes of Netflix [cnet.com], several companies are also looking to free, ad-supported platforms aimed at customers who might not be willing to dish out more money for an ever-growing list of paid offerings.

Last year, it was reported that Walmart could be thinking of selling Vudu [cnet.com], a service that lets customers rent or purchase individual shows or movies. Vudu also launched a free, ad-supported service in 2016. 

Walmart reportedly purchased Vudu for around $100 million in 2010, and says the service is installed on more than 100 million devices in the US. It's not clear if there will be a deal between NBCUniversal and Vudu, people familiar with the matter told The Journal. A Walmart representative declined to comment, but said the company is "constantly having conversations with partners."

NBCUniversal will also be launching Peacock, its new streaming service [cnet.com], starting in April. It'll have three tiers: one that's free, one that's $5 a month and another that's $10 a month. Vudu's ad-supported offering would reportedly complement Peacock, while its movie rental service would support Fandango Media, NBCUniversal's ticketing company. 

NBCUniversal didn't immediately respond to a request for comment.


Original Submission