WEBVTT 00:00:00.017 --> 00:00:05.477 Welcome to Additional Conversations. Tubi has built a sizable audience. 00:00:05.657 --> 00:00:09.977 Its numbers surpassed Peacock and Apple TV and ties with Disney Plus. 00:00:09.997 --> 00:00:12.077 But the company still isn't profitable yet. 00:00:12.437 --> 00:00:18.637 At NAB New York, Business Insiders Pete Kafka interviewed Tubi CEO Anjali Sud 00:00:18.637 --> 00:00:22.957 about the company's plans to remain competitive in the streaming video TV market. 00:00:23.177 --> 00:00:28.097 So, Charlotte, can you tell us why does Tubi seem to be killing it right now 00:00:28.097 --> 00:00:29.437 in the game when it comes to... 00:00:29.437 --> 00:00:33.017 These fast tv streaming services yeah 00:00:33.017 --> 00:00:35.937 yeah i'll tell you about my sexy m2 macbook air another time but 00:00:35.937 --> 00:00:39.877 for now let's talk about tubi because it i 00:00:39.877 --> 00:00:42.677 mean i first of all i should say i'm a big pete kafka fan so his 00:00:42.677 --> 00:00:45.557 interviews and conversations with media tech people are always worth 00:00:45.557 --> 00:00:48.477 tuning into but yeah as you said he spoke to anjali 00:00:48.477 --> 00:00:51.417 sad who was laying out it's just huge 00:00:51.417 --> 00:00:54.417 success and i think if you talk to people no one's 00:00:54.417 --> 00:00:57.377 really like oh yeah when you think of streaming they 00:00:57.377 --> 00:01:00.977 think of Tubi but it's making huge huge inroads 00:01:00.977 --> 00:01:03.977 you know and one thing she really emphasized was 00:01:03.977 --> 00:01:07.097 how it wants to sort of leverage the Fox 00:01:07.097 --> 00:01:11.357 assets that it has access to and she also said it operates very much with an 00:01:11.357 --> 00:01:16.037 entrepreneurial spirit and DNA I think there's more opportunity we have not 00:01:16.037 --> 00:01:20.297 yet tapped into to leverage some of those incredible assets that Fox has etc 00:01:20.297 --> 00:01:26.077 etc etc we kind of assumed when we were chatting that she means sport but there's obviously a load of. 00:01:28.137 --> 00:01:33.197 Entertainment brands associated with Fox as well. Stepping back a bit, 00:01:33.317 --> 00:01:36.577 I really wanted to talk about this because I think Fast, 00:01:36.837 --> 00:01:43.837 you know, those free advertising-powered streaming services are becoming a really significant player. 00:01:44.497 --> 00:01:48.957 Like, I've discussed with you guys in various ways, 00:01:49.137 --> 00:01:52.337 you know, when people go, I just can't pay for another subscription, 00:01:52.337 --> 00:01:55.217 i don't want to spend another eight nine ten dollars a 00:01:55.217 --> 00:01:58.157 month on something else but suddenly these fast 00:01:58.157 --> 00:02:01.157 streamers and tubi is a really great example of 00:02:01.157 --> 00:02:08.137 this uh pluto tv is the other one that springs to mind right are places where 00:02:08.137 --> 00:02:13.837 you can watch pretty decent content you know for quote unquote free there are 00:02:13.837 --> 00:02:20.037 adverts and here's the thing for me charlotte if you're born before the mid eighties, 00:02:20.257 --> 00:02:24.537 you don't really mind watching to be watching Pluto with commercials because 00:02:24.537 --> 00:02:27.497 that's all we ever did when we were younger. 00:02:27.797 --> 00:02:31.957 It's like, you know, it's a really it's a relative new thing to never have to 00:02:31.957 --> 00:02:34.017 watch a commercial. What did you just say, Sarah? 00:02:35.877 --> 00:02:41.337 I said it's like cable exactly we've gone completely back to the future well 00:02:41.337 --> 00:02:46.617 so so you mentioned pluto tv and pluto tv is uh at least you know what when 00:02:46.617 --> 00:02:50.577 i watch um i've been watching the world series and just various sports like 00:02:50.577 --> 00:02:55.177 pluto tv is going ham right now on youtube tv advertisements, 00:02:55.897 --> 00:02:58.837 and pluto tv is the whole new pluto 00:02:58.837 --> 00:03:02.397 tv thing is like you like reality television which 00:03:02.397 --> 00:03:05.757 i do well we've got all the reality shows 00:03:05.757 --> 00:03:08.457 you know it's all that stuff and I think they're 00:03:08.457 --> 00:03:12.697 like tagline is like stream now pay never you 00:03:12.697 --> 00:03:15.517 know it's like it's like and I actually I did some 00:03:15.517 --> 00:03:20.937 disclosure I did some work for Pluto TV back in the day and you know I was sort 00:03:20.937 --> 00:03:27.237 of like this is kind of yeah it's like it's throwbacky and yes it is ad supported 00:03:27.237 --> 00:03:34.737 but it's free ad supported services but I I mean, so many people are like, that's cool. 00:03:34.957 --> 00:03:38.597 You know, that works for me. I would assume Tubi is the same way. 00:03:38.957 --> 00:03:42.937 There, you know, might just be one show that you care about, 00:03:43.137 --> 00:03:46.497 one sporting event that they happen to be carrying, you know, 00:03:46.637 --> 00:03:50.737 a fair amount of reruns where you're like, oh, I like this channel, you know? 00:03:50.937 --> 00:03:53.317 I mean, how many times have you put on a channel and just been like, 00:03:53.377 --> 00:03:56.277 eh, just show me what you want to show me. I'm making dinner anyway. 00:03:57.917 --> 00:04:03.477 Yeah, it's really interesting. Also, in this interview, they mentioned Amazon's freebie. 00:04:04.677 --> 00:04:09.317 There's obviously also, you know, there's a few different platforms that are doing well on this. 00:04:11.057 --> 00:04:15.517 There's also another fundamental point we kind of have to come to in this conversation, 00:04:15.517 --> 00:04:20.997 which is that Tubi might have a lot of people watching it, but it's not making money, really. 00:04:22.017 --> 00:04:26.817 Yeah, which was a problem for all the streamers before and seems to be obviously 00:04:26.817 --> 00:04:28.157 a problem for these fast. 00:04:29.517 --> 00:04:35.097 Platforms now but maybe maybe we'll get the eyeballs first and make the money at a later point. 00:04:36.624 --> 00:04:45.524 Yeah, I wonder because I actually leave Tubi or Pluto just running as background noise. 00:04:46.804 --> 00:04:51.044 They're just on. And it really does remind me if I go back into like the early 00:04:51.044 --> 00:04:57.844 2000s or even back into the 90s, when I was still a young guy back then, 00:04:58.344 --> 00:04:59.544 TV, you just turned it on. 00:04:59.544 --> 00:05:02.044 If there was something you wanted to watch, you would go flip the channels. 00:05:02.184 --> 00:05:05.064 But I didn't get up and just turn the TV off because I wasn't watching it anymore. 00:05:05.224 --> 00:05:10.424 It was just kind of white noise or background noise that was just happening in the background. 00:05:10.624 --> 00:05:14.904 And I find myself doing that with Tubi. I find myself doing that with Pluto 00:05:14.904 --> 00:05:18.264 to where the TV is just on and it's on one of these channels. 00:05:18.424 --> 00:05:21.524 And it's just playing. And like a show comes on, then another show comes on. 00:05:21.744 --> 00:05:26.604 And it is not uncommon for me to walk past and say, oh, wow, 00:05:26.784 --> 00:05:29.624 Knight Rider. and just sit down and watch an episode of Night Rider because 00:05:29.624 --> 00:05:30.644 it just happened to be on. 00:05:31.764 --> 00:05:36.524 So I am a fan of these streaming services. Yeah, I tend to have sports as my 00:05:36.524 --> 00:05:38.404 background things, but yeah, I know what you're getting at. 00:05:38.584 --> 00:05:41.144 And they're trying to make it a lot easier for you to do this, 00:05:41.224 --> 00:05:47.064 Rob and Sarah, because one thing they really want is to be in as many places 00:05:47.064 --> 00:05:49.524 as possible. So we're talking Amazon Firesticks. 00:05:49.764 --> 00:05:54.244 We're talking, I think, YouTube TV. We're talking, they just want to be on any 00:05:54.244 --> 00:05:58.644 platform possible. So that's also another thing to notice that obviously if 00:05:58.644 --> 00:06:01.524 you're going to not charge a subscription, you've got to make it as easy as 00:06:01.524 --> 00:06:03.664 possible for people to come and find you. 00:06:04.244 --> 00:06:08.424 And Sarah, we can discuss the world series later. I am wearing my New York Yankees t-shirt. 00:06:10.064 --> 00:06:12.984 I mean, best of luck to you, Charlotte, tonight. 00:06:13.344 --> 00:06:18.724 Or I guess it'd be into the morning to you, for you. Well, I don't know. 00:06:18.944 --> 00:06:20.884 Yeah. Yeah. It'll be midnight. 00:06:21.644 --> 00:06:26.084 It's a late, it's a late night watch. Yeah. Oh, Oh boy. Yeah. 00:06:26.504 --> 00:06:29.384 The World Series. Yes. Let's do that.