Tubi CEO Anjali Sud, Roku Media President Charlie Collier Exiting In Wake Of Fox-Roku Merger
Key Points:
- Following Fox Corp.'s $22 billion acquisition of Roku, neither Charlie Collier nor Tubi CEO Anjali Sud will join Fox, with Sud transitioning out after helping with leadership handover to Pete Distad.
- Mustafa Ozgen will replace Anthony Wood as CEO of Roku, maintaining the platform's open model and expanding his oversight to include Fox's ad tech platform AdRise and various Roku services.
- Several executive departures include Chris Handman and Robyn Peterson, while new appointments feature Mike Bidgoli as president of Tubi and Andy Karofsky joining Distad’s group.
- Fox's combined advertising revenue showed strong growth in Q3, with Fox's ad revenue up 47% to $2.1 billion and Roku's up 23% to $727.4 million, highlighting the scale of the merged ad operations.
- Fox Digital Platforms plans multiple town halls across key locations to communicate ongoing organizational changes and future plans following the acquisition.