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In November 2015, Tubi and Blue Ant Media reached a deal to make Tubi available to stream in Canada. Principal investors include Foundation Capital, Bobby Yazdani, Zod Nazem, SGH Capital, and Streamlined Ventures. Mark Amin, former vice chair of Lionsgate, is an investor.Īdrise, the company behind Tubi, has raised $4 million in capital. Sandy Grushow, former Fox TV chair, is an advisory board member. In December 2022, Tubi signed a content deal with South Korean entertainment company CJ ENM. In December 2021, Fox acquired MarVista Entertainment, in a move to bolster Tubi's library and leverage its production capabilities for made-for-TV movies. On March 17, 2020, Fox Corporation announced that it would acquire Tubi for $440 million, with the sale being completed on April 20 Farhad Massoudi would remain at the company, which would continue as a separate subsidiary. On October 21, Tubi launched Tubi Kids, a dedicated hub for the streamer's children-centric content via Roku and supported devices. Tubi became available on Vizio SmartCast on September 25, 2019. In February 2019, Tubi signed a distribution deal with NBCUniversal, which includes 400 TV episodes and films. In 2019, CEO Farhad Massoudi announced that Tubi would nearly double its 2018 spending on licensed content, close to US$100 million. In September 2020, the company reported 33 million monthly users. In June 2019, Tubi announced that it had over 20 million active monthly users, and later in September, the company reported that users had streamed 132 million hours of content.

In May 2017, they raised US$20 million in a round of funding from Jump Capital, Danhua Capital, Cota Capital, and Foundation Capital.

Tubi was founded by Farhad Massoudi and Thomas Ahn Hicks of AdRise in San Francisco, launching in 2014 as a free service. As of January 2023, Tubi has 64 million monthly active users. In January 2021, Tubi reached 33 million monthly active users.

The service was launched on April 1, 2014, and is based in Los Angeles, California. Tubi is an American over-the-top content platform and ad-supported streaming service owned by Fox Corporation. 64 million monthly active users (as of January 1, 2023 )

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