Fox completed the acquisition of Tubi for $440m.

Fox, a media company, completed the acquisition of Tubi, a provider of online video streaming services, for $440m. The completion of the transaction follows the satisfaction of all customary closing conditions. "I am proud of what the team has already accomplished here at Tubi and we couldn’t be more excited about joining such a fast-moving, entrepreneurial company. We look forward to working together with FOX to accelerate Tubi’s leadership position in the market and bring new competencies to Fox,” Farhad Massoudi, Tubi Founder and CEO.