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Fox is buying ad-supported streaming service Tubi in $440M cash deal; Tubi remains separate company, deal mostly financed with proceeds from sale of Roku stake (Julia Alexander/The Verge)

Julia Alexander / The Verge:
Fox is buying ad-supported streaming service Tubi in $440M cash deal; Tubi remains separate company, deal mostly financed with proceeds from sale of Roku stake  —  With a focus on bringing sports and news to subscribers, not original content  —  Fox Corporation has acquired ad-supported …

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