Farhad Massoudi
Farhad Massoudi | |
|---|---|
| Born | May 26, 1964 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
[edit]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
[edit]AdRise
[edit]Farhad Massoudi founded AdRise, a company focused on providing advertising solutions for streaming media.[3][4]
Tubi
[edit]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] He left on good terms and was quoted "I know that I am leaving Tubi in the best shape it has ever been, and its future is very bright".[8][9]
Swift
[edit]In July 2024, Massoudi joined Swift Ventures as Executive in Residence (EIR).[10]
Personal life
[edit]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
[edit]- ^ a b c d Gruenwedel, Erik (2023-04-26). "Tubi Founder Farhad Massoudi Departing as Fox Announces Formation of New Tubi Media Group". Media Play News. Retrieved 2024-07-11.
- ^ a b c d Gomez, Dessi (2023-04-26). "Tubi Founder and CEO Farhad Massoudi Exits as Fox Forms Tubi Media Group". TheWrap. Retrieved 2024-07-11.
- ^ Gruenwedel, Erik (2023-04-26). "Tubi Founder Farhad Massoudi Departing as Fox Announces Formation of New Tubi Media Group". Media Play News. Retrieved 2024-07-13.
- ^ Keys, Matthew (2023-04-26). "Tubi co-founder Farhad Massoudi steps down as Fox reorganizes digital business". The Desk. Retrieved 2024-07-13.
- ^ a b c d Keys, Matthew (2023-04-26). "Tubi co-founder Farhad Massoudi steps down as Fox reorganizes digital business". The Desk. Retrieved 2024-07-11.
- ^ Tamanini, Matt (2023-04-26). "Breaking: Fox Reorganizes Streaming Business; Tubi CEO, Founder Out". The Streamable. Retrieved 2024-07-11.
- ^ "Tubi Founder, CEO Farhad Massoudi to Exit as Fox Appoints Paul Cheesbrough to Lead Digital Businesses Group – TVB". www.tvb.org. 2023-04-27. Retrieved 2024-07-11.
- ^ Frankelpublished, Daniel (2023-04-26). "Fox Forms Tubi Media Group, Puts CTO Paul Cheesbrough in Charge of New Digital Unit". NextTV. Retrieved 2024-09-13.
- ^ George Winslow (2023-04-27). "Fox Forms Tubi Media Group". TVTechnology. Retrieved 2024-09-13.
- ^ Ventures, Swift (2024-07-19). "Streaming Video Pioneer Farhad Massoudi Joins Swift". Medium. Retrieved 2024-08-26.