Farhad Massoudi Explained

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]

Early life and education

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]

Career

AdRise

Farhad Massoudi founded AdRise, a company focused on providing advertising solutions for streaming media.[3] [4]

Tubi

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]

Personal life

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.

References

  1. Web site: Gruenwedel . Erik . 2023-04-26 . Tubi Founder Farhad Massoudi Departing as Fox Announces Formation of New Tubi Media Group . 2024-07-11 . Media Play News . en-US.
  2. Web site: Gomez . Dessi . 2023-04-26 . Tubi Founder and CEO Farhad Massoudi Exits as Fox Forms Tubi Media Group . 2024-07-11 . TheWrap . en-US.
  3. Web site: Gruenwedel . Erik . 2023-04-26 . Tubi Founder Farhad Massoudi Departing as Fox Announces Formation of New Tubi Media Group . 2024-07-13 . Media Play News . en-US.
  4. Web site: Keys . Matthew . 2023-04-26 . Tubi co-founder Farhad Massoudi steps down as Fox reorganizes digital business . 2024-07-13 . The Desk . en-US.
  5. Web site: Keys . Matthew . 2023-04-26 . Tubi co-founder Farhad Massoudi steps down as Fox reorganizes digital business . 2024-07-11 . The Desk . en-US.
  6. Web site: Tamanini . Matt . 2023-04-26 . Breaking: Fox Reorganizes Streaming Business; Tubi CEO, Founder Out . 2024-07-11 . The Streamable . en.
  7. Web site: 2023-04-27 . Tubi Founder, CEO Farhad Massoudi to Exit as Fox Appoints Paul Cheesbrough to Lead Digital Businesses Group – TVB . 2024-07-11 . www.tvb.org . en-US.