Tubi Appoints Sameer Balgi as CFO
SAN FRANCISCO, November 9, 2023 – Tubi (www.tubi.tv), Fox Corporation’s (NASDAQ: FOXA, FOX) ad-supported video-on-demand service, today announced that Sameer Balgi has been appointed Chief Financial Officer, effective November 6, 2023. Balgi joins as Tubi continues its momentum as the #1 AVOD player and most watched free ad-supported TV streaming service in the U.S.
Balgi joins Tubi from Amazon, where he was most recently CFO of Freevee and head of finance for Prime Video’s US Marketplace business including Digital Store and Prime Video Channels. In his new role, Balgi will be responsible for Tubi’s financial strategy and operations globally, and will be focused on maximizing the impact and efficiency of the company’s investments to drive scalable growth and market leadership.
“Sameer is a seasoned and strategic executive who stood out in a competitive process for his expertise in AVOD and streaming, his experience driving efficiency and scale, and his thoughtful and solutions-driven approach,” said Anjali Sud, Chief Executive Officer of Tubi. “Tubi is watched as much as a top 5 cable network and saw total viewing time grow 65% year-over-year in Q1. We have earned the right to win a greater share of advertiser dollars, and I am excited to welcome Sameer to our team to accelerate this opportunity.”
“I am thrilled to join Tubi at such a transformational time,” said Sameer Balgi, incoming Tubi CFO. “Tubi has been a leader in ad-supported streaming for over a decade and has built a strong foundation with innovative ad technology, a highly engaged viewer base, and the world’s largest content library. I look forward to working closely with Anjali and the team to deliver meaningful shareholder value and to help Tubi usher in the next generation of entertainment.”
Balgi is a global finance leader with nearly two decades of experience in media and technology. He began his tenure at Amazon in Amazon Music transitioning the business from transactional (mp3) to Streaming with the launch of Prime Music and subsequently Amazon Music Unlimited. He went on to hold several roles in Amazon Advertising across Sales Finance and Amazon Analytics before transitioning to CFO of FreeVee in addition to ownership of Ads finance for broader OTT, Audio and Device Advertising. Prior to Amazon, Balgi spent six years at Procter & Gamble leading global strategy and upstream innovation planning to deliver growth on the Skin Care and Personal Care Portfolio. Earlier in his career, Balgi worked in a consulting company focused on network redesign, product lifecycle management and more.
For more information about Tubi go to Tubi.tv.
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. As a leading ad-supported video-on-demand service, 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 Tubi Originals, and nearly 250 FAST 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:
# # #