Lucas Joins the Most Watched Free TV and Movie Streaming Service in the U.S. to Scale Monetization and Advertiser Partnerships
SAN FRANCISCO, March 4, 2024 – Tubi (www.tubi.tv), Fox Corporation’s ad-supported streaming service, has announced the appointment of a new Chief Revenue Officer in Jeff Lucas. Lucas, who will report into Jeff Collins, President of Advertising Sales for Fox Corporation, will be responsible for leveraging Tubi’s scale and unique incremental audiences to drive monetization through advertiser partnerships, products and solutions.
“The future of entertainment will be shaped by an increasing convergence of Hollywood, Silicon Valley and Madison Avenue,” said Anjali Sud, CEO of Tubi. “As advertisers struggle to reach cord cutters and cord nevers on traditional TV, Tubi is uniquely positioned to reach this next generation of audiences. Jeff brings industry-leading experience and a stellar track record that bridges traditional media with digital, and we’re thrilled to be adding him to our leadership bench.”
Lucas is a seasoned sales veteran who has scaled revenue at some of the world’s largest media companies. He is an entrepreneurial builder with unique experience in digital video, having introduced Snap to the global marketplace on its trajectory to launch as one of the fastest growing social media platforms. Lucas was Head of NA Sales & Global Client Solutions at Verizon Media managing Yahoo!, AOL, XBOX and MSN. Prior to that he led sales and marketing for all of Viacom’s media networks, including MTV, VH1, Comedy Central, and Nickelodeon, and before that he served as President, Advertising Sales & Marketing at NBCUniversal’s Cable Group.
“The streaming landscape is facing secular trends that are redefining entertainment as we know it, and Tubi’s 100% free, ad-supported entertainment experience makes audiences feel seen while giving advertisers the ability to maximize reach and ROI,” said Jeff Lucas, Tubi Chief Revenue Officer. “I’m looking forward to diving in with the team to help accelerate growth during such a pivotal time for the industry and the business.”
Tubi continues to see momentum with young, diverse audiences who are not typically watching traditional TV. Sixty-three percent of Tubi streamers are cord cutters and cord nevers, and 30% are unreachable on other major ad-supported streamers, according to the November 2023 MRI-Simmons’ Cord Evolution Study. Also according to MRI, Tubi has seen 60% growth in the 18-34 demographic, 55% growth in Multicultural demos including Latine, African American and LGBT audiences and 63% growth in female audiences, year over year.
Tubi has recently unveiled a series of initiatives on the road to the Upfronts including a brand redesign and a new programming slate. Tubi’s new visual identity features vibrant colors, unique iconography, sonic branding and more. The new programming slate focuses on culturally resonant content, featuring the recent announcements of BIG MOOD, a vibrant and rebellious portrayal of female friendship, the BBC’s British coming-of-age dramedy BOARDERS, and the comedy-thriller series DEAD HOT.
For more information about Tubi go to Tubi.tv.
About Tubi
Tubi is the most watched free TV and movie streaming service in the U.S., dedicated to providing all people access to all the world’s stories. The company engages diverse audiences through a personalized experience and the world’s largest content library of over 200,000 movies and TV episodes, a growing collection of exclusive originals and over 250 live channels. Tubi is part of the Tubi Media Group, a division of Fox Corporation that oversees the company’s digital businesses.
For media inquiries, please contact:
Seana Sullivan
ssullivan@tubi.tv
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