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Re: marylandstockguy post# 15968

Wednesday, 07/26/2023 10:28:02 PM

Wednesday, July 26, 2023 10:28:02 PM

Post# of 16127
Lachlan Murdoch turned down $2 Billion Dollars to sell TUBI Streaming Services...TUBI's annual revenues in 2022 was a cool $14 billion dollars... Viewership was 33 million per month to the present 61 million per month doubling.

Companies like Tubi and Pluto make money every time you watch something, so they have only one job: get you to watch as many things as possible. “Number one job for me is engagement,” says Adam Lewinson, the chief content officer at Tubi. “Since we are ad-supported, we don't have a dual revenue stream.

Most profitable streaming is Netflix, and TUBI is similar from some of what I have read. And the numbers are moving upward. jmho
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