Farhad Massoudi | |
Birth Date: | 26 May 1964 |
Birth Place: | Tehran, Iran |
Farhad Massoudi is an Iranian-American entrepreneur known for his contributions to the streaming media industry. He is the founder and former CEO of Tubi, a Free ad-supported streaming television service.[1] [2]
Farhad Massoudi was born in Iran and later moved to the United States to pursue higher education. He attended the University of California, Berkeley, where he earned a Bachelor of Science degree in Electrical Engineering and Computer Science.[1]
Farhad Massoudi founded AdRise, a company focused on providing advertising solutions for streaming media.[3] [4]
In 2014 Farhad Massoudi founded Tubi,[1] [5] under his leadership, Tubi grew into one of the largest ad-supported video-on-demand services, offering content from major studios and networks.[5]
Tubi's innovative model and extensive content library attracted millions of users, positioning it as a key player in the streaming industry. The platform's success led to its acquisition by Fox Corporation in 2020 for $440 million.[2] [5] Following the acquisition, Tubi saw significant growth, including becoming the first free streaming service to account for 1% of total TV viewing time in February 2023.[6]
In April 2023, it was announced that Farhad Massoudi would step down as CEO as part of a broader restructuring within Fox Corporation to form the Tubi Media Group, with Paul Cheesbrough taking over as the new CEO.[1] [2] [7] [5]
Farhad Massoudi resides in San Francisco, California. Outside of his professional endeavors, he is known for his philanthropic activities and support of various charitable causes.[2] From July 2023–present, Massoudi is taking a career break to pursue personal goals.