{"id":7949,"date":"2017-05-09T11:44:16","date_gmt":"2017-05-09T15:44:16","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/tubi-tv-streaming-service-lands-20-million-in-funding\/"},"modified":"2017-05-09T13:46:19","modified_gmt":"2017-05-09T17:46:19","slug":"tubi-tv-streaming-service-lands-20-million-in-funding","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/tubi-tv-streaming-service-lands-20-million-in-funding\/","title":{"rendered":"Tubi TV\u00a0Streaming Service Lands $20 Million in Funding"},"content":{"rendered":"

The streaming network Tubi TV\u00a0has received a $20 million boost in funding, led by an investment from Jump Capital.<\/p>\n

Existing investor\u00a0Foundation Capital,\u00a0who led the Series A, also joined this round of funding. Investors\u00a0Danhua Capital\u00a0and\u00a0Cota Capital\u00a0are participating as well.<\/p>\n

The funding will go toward accelerating the growth and expansion of Tubi TV, including its OTT premium ad inventory. With content partners such as Lionsgate, MGM, Paramount Pictures and Starz, Tubi TV houses more than 50,000 titles in its library.<\/p>\n

“We have made it our mission to build the best destination for free movies and TV shows,” said\u00a0Farhad Massoudi, the founder and CEO of Tubi TV. “Consumer response has been overwhelmingly positive, and today Tubi TV is the top ranked free entertainment app on most mobile and OTT platforms. This funding round will allow us to further expand our reach and deliver even more robust targeting and measurable ad inventory to advertisers.”<\/p>\n

“Looking at this space, it became clear to us that there is a massive group of consumers migrating their viewing to mobile and OTT, but finding themselves underserved by the live TV bundles and the universe of competing paid services they find there,” added Yelena Shkolnik\u00a0of Jump Capital. “The incredible organic growth, engagement metrics and wealth of content partners made it clear that Tubi TV is rising as a leader that consumers are adopting to fill that gap.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The streaming network Tubi TV has received a $20 million boost in funding, led by an investment from Jump Capital.<\/p>\n","protected":false},"author":350,"featured_media":7950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[1332],"class_list":["post-7949","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-tubi-tv"],"yoast_head":"\nTubi TV\u00a0Streaming Service Lands $20 Million in Funding - TVUSA<\/title>\n<meta name=\"description\" content=\"The streaming network Tubi TV has received a $20 million boost in funding, led by an investment from Jump Capital.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvusa\/tubi-tv-streaming-service-lands-20-million-in-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tubi TV\u00a0Streaming Service Lands $20 Million in Funding - 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