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Charlie Collier and Anjali Sud Exit Fox As New Digital Structure Set at Company
Developing story first seen 4 hours ago
Fox has completed its acquisition of Roku and is bringing its digital businesses together as Fox Digital Platforms. The company says the first 100 days will focus on three core teams while leaders identify growth opportunities and settle on a longer-term structure.
Roku president of media Charlie Collier, Tubi chief executive Anjali Sud, Roku general counsel Chris Handman and AdRise executive Robyn Peterson are leaving; Sud will help with the transition. Mustafa Ozgen becomes Roku CEO, Pete Distad adds Tubi and Frndly TV to his direct-to-consumer portfolio, and Mike Bidgoli becomes Tubi president. Fox says Roku’s open platform will remain open, and the combined division will focus on connected TV, ad-supported streaming, subscriptions, advertising and international growth.
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In short
- Fox has completed its Roku acquisition and formed Fox Digital Platforms.
- Mustafa Ozgen will lead Roku as CEO.
- Pete Distad adds Tubi and Frndly TV to his remit.
How this story developed
- 1 hour ago Following the Roku acquisition, Fox confirmed leadership changes: Mustafa Ozgen will lead Roku, Pete Distad will add Tubi and Frndly TV to his remit, Mike Bidgoli will become Tubi president, and Charlie Collier and Anjali Sud will leave.
- 1 hour ago Fox outlined a 100-day plan to bring its digital businesses together as Fox Digital Platforms, with teams assessing growth opportunities and the division’s future structure.
Explained simply
Roku is a streaming platform that lets people watch video services on connected TVs and other devices. Tubi is a free, advert-supported streaming service, while Frndly TV offers subscription television. Fox is a media company with television and streaming businesses.
Fox’s digital businesses serve viewers and advertisers in a market where people increasingly watch programmes online as well as on traditional television. Bringing these services under one division gives Fox a shared structure for developing streaming, advertising and subscription businesses. Roku’s open platform allows different services to reach viewers through its devices.
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Originally published by The Hollywood Reporter as “Charlie Collier and Anjali Sud Exit Fox As New Digital Structure Set at Company”.