The company has surpassed 20 million monthly active users, and customers watched over 94 million hours of content during May. In addition, Tubi had the single biggest month of revenue in the company’s history.
Earlier this year, Tubi announced it would invest over nine figures in content acquisitions to further grow its content library. Tubi’s library now has over 15,000 movies and television series – more than 44,000 hours of content available completely free to consumers from over 200 content partners including major studios such as Warner Bros., NBCUniversal, MGM, Lionsgate, and others.
“Tubi has made remarkable strides in the first half of the year, further demonstrating the vitality of AVOD in an environment fatigued by the amount of subscription video options,” said Farhad Massoudi, CEO of Tubi.
“Our recent deals this year with NBCUniversal, Lionsgate, Warner Bros., and others resonated very well with our customers, and we’re excited to provide even more premium content this year.”