Fox and NBCUniversal each looking to buy streaming services

Fox and NBCUniversal each looking to buy streaming services

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Fox Corp. is interested in buying Tubi, a free, ad-supported streaming service based in San Francisco, and NBCUniversal is eyeing the video platform Vudu from Walmart Inc. New York-based Fox (NASDAQ: FOXA, FOX), which sold its entertainment assets to The Walt Disney Co. last year, is discussing a deal for Tubi worth more than $500 million, reported The Wall Street Journal, citing unnamed sources. Financial terms of the NBCUniversal-Vudu deal, also reported by The Wall Street Journal in a separate…

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