{"id":24920,"date":"2023-04-26T18:17:11","date_gmt":"2023-04-26T18:17:11","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/fox-announces-new-unit\/"},"modified":"2023-04-26T18:18:38","modified_gmt":"2023-04-26T18:18:38","slug":"fox-announces-new-unit","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/fox-announces-new-unit\/","title":{"rendered":"Fox announces new unit to house digital businesses"},"content":{"rendered":"

(Reuters) – Media company Fox Corp on Wednesday said it would house its standalone digital businesses under a new unit, Tubi Media Group, along with its news, sports and entertainment digital platforms. <\/p>\n

Fox’s standalone digital businesses include free, ad-supported streaming platform\u00a0Tubi, which Fox acquired in 2020; Tubi founder Farhad Massoudi will now step down as its chief executive officer.<\/p>\n

Paul Cheesbrough, who previously served as technology chief and president of Fox’s digital unit, will become the CEO of the new division, the company said. <\/p>\n

The decision follows a string of events at Fox in recent weeks. <\/p>\n

On Monday, Fox News Media and its top-rated host Tucker Carlson agreed to part ways, less than a week after parent Fox settled a defamation lawsuit in which Carlson played a central role, for $787.5 million.<\/p>\n

Fox said Tubi Media Group will announce the new CEO for Tubi Streaming in the near future.<\/p>\n

\n

(Reporting by Eva Mathews in Bengaluru; Editing by Pooja Desai)<\/p>\n

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(Reuters) – Media company Fox Corp on Wednesday said it would house its standalone digital businesses under a new unit, Tubi Media Group, along with its news, sports and entertainment digital platforms. Fox’s standalone digital businesses include free, ad-supported streaming platform\u00a0Tubi, which Fox acquired in 2020; Tubi founder Farhad Massoudi will now step down as […]<\/p>\n","protected":false},"author":8,"featured_media":24921,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-24920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3P0VY-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=24920"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24920\/revisions"}],"predecessor-version":[{"id":24922,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24920\/revisions\/24922"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/24921"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=24920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=24920"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=24920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}