Free streaming platform Tubi has plans to branch out into original programming, Bloomberg reports. The company will likely start with original movies, but is also talking with potential advertisers about partnerships.
Fox Corp. acquired Tubi for $ 440 million last March. Before the acquisition, Fox did n’t have its own streaming offering. Fox said at the time it planned to offer a large number of older shows and movies to Tubi subscribers for free.
Fox Corp. CFO Steve tomsic said that while the company would eventually create original content for Tubi, any shows or movies would be’cheap and cheerful’.
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