Latest in AVOD

Ad-supported streaming service Tubi said it has surpassed 20 million monthly active users after activity in May reached 94 million hours of content viewing and revenue in the month set a company record. Tubi, which launched in 2014, is privately held and did not disclose the monthly revenue figure. At the start of…

Sony Pictures Television is taking the Crackle assets that had been under strategic review and contributing them to a new joint venture with a smaller but fast-growing streaming player, Chicken Soup for the Soul Entertainment. The sale of Sony’s stake in Crackle will result in a new entity, dubbed Crackle Plus…

Cinedigm, which has been steadily transforming itself from a cinema equipment concern to a streaming specialist, is significantly expanding its digital reach by acquiring video platform company Future Today. In exchange for $45 million in cash and $15 million in common stock, Cinedigm will increase its OTT footprint…

Tubi and NBCUniversal have set a deal that will see a trove of nearly 400 vintage TV episodes and films land on the ad-supported Tubi streaming service. The titles covered by the deal will bring a nostalgic tear to many Gen-Xer eyes. The roster includes Xena: Warrior Princess, Hercules: The Legendary Journeys, The A-Te…

A week after Viacom surprised the industry by agreeing to pay $340 million for Pluto TV, rival Tubi has announced several measures of its dramatic growth in 2018 and plans for expansion in 2019. The independent company, which launched in 2014, bills itself as the world's largest ad-supported video on demand service…

Viacom has recently held acquisition talks with two free, ad-supported streaming video services as it looks to expand the digital reach of its entertainment properties. The media company approached with Tubi TV, a free service partly owned by MGM and Lionsgate; and Pluto TV, a Los Angeles-based company that has…

Sony is looking to take on a partner in Crackle, its ad-supported streaming service, in order to make it more competitive in a saturated marketplace. Mike Hopkins, the former head of Hulu who joined Sony Pictures last fall as chairman of its TV division, disclosed the strategy to employees in an internal email. (See…

Sony Crackle is halting operations in Canada this week, shifting its portfolio to two non-Sony VOD services. The move follows last month’s news of a dozen layoffs at the ad-supported streaming service and heralds a new focus on the U.S. and Latin American markets. In a statement obtained by Deadline, the company said…