Fox hunts streaming service Tubi Companies brokering deal that would value Tubi at $500 millionBy Dan Meier Published: February 24, 2020 ⋅ Updated: February 25, 2020 Fox is reportedly in talks to purchase US streaming service Tubi. Having lost ownership of NOW TV in its sale of Sky, the corporation is seeking to acquire a streamer, according to The Wall Street Journal. The companies are brokering a deal that would value San Francisco-based Tubi at $500 million. The move follows Viacom’s acquisition of Pluto TV for $340 million, as NBCUniversal plans its own entry into the streaming market with ad-supported service Peacock. Tubi is an ad-supported platform featuring films and TV shows from partners including Lionsgate, MGM and Starz, with around 25 million monthly users. Neither Fox nor Tubi commented on the report. SubscribeFor more stories like this, and to keep up to date with all our market leading news, features and analysis, sign up to our newsletter here.