Fox Sees Tubi Hitting Breakeven 'Really Soon' -- Market Talk

Dow Jones12-09 00:47

1147 ET - Tubi, the Fox-owned streaming service, is on track to hit its breakeven point on an annual basis after posting a profit in the most recent quarter, Fox Chief Financial Officer Steve Tomsic says at the UBS Global Media and Communications Conference. "I wouldn't commit here to say every quarter from here on forward is going to be profitable," Tomsic says, citing investment spending and some seasonality effects. "But we totally feel as though Tubi is on that pathway to being, on an annual basis, breakeven really soon," he says, adding that the company sees a road to EBITDA margins for Tubi around 20% to 25%. Fox Corp. and Wall Street Journal parent News Corp share common ownership. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

December 08, 2025 11:47 ET (16:47 GMT)

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Fox Corp. and Wall Street Journal parent <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a> share common ownership. 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Fox Corp. and Wall Street Journal parent <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a> share common ownership. (elias.schisgall@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 08, 2025 11:47 ET (16:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FOX","symbol_name":"福克斯-B","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2590735201","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590735201","pubTimestamp":1765212420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1147 ET - Tubi, the Fox-owned streaming service, is on track to hit its breakeven point on an annual basis after posting a profit in the most recent quarter, Fox Chief Financial Officer Steve Tomsic says at the UBS Global Media and Communications Conference. \"I wouldn't commit here to say every quarter from here on forward is going to be profitable,\" Tomsic says, citing investment spending and some seasonality effects. \"But we totally feel as though Tubi is on that pathway to being, on an annual basis, breakeven really soon,\" he says, adding that the company sees a road to EBITDA margins for Tubi around 20% to 25%. Fox Corp. and Wall Street Journal parent News Corp share common ownership. 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Fox Corp. and Wall Street Journal parent News Corp share common ownership. 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