<p> Media company Fox Corp on Wednesday said it would house its standalone digital businesses under a new unit, Tubi Media Group, along with its news, sports and entertainment digital platforms.</p>.<p>Fox's standalone digital businesses include free, ad-supported streaming platform Tubi, which Fox acquired in 2020; Tubi founder Farhad Massoudi will now step down as its chief executive officer.</p>.<p>Paul Cheesbrough, who previously served as technology chief and president of Fox's digital unit, will become the CEO of the new division, the company said.</p>.<p><strong>Also Read |<a href="https://www.deccanherald.com/international/world-news-politics/fox-news-and-tucker-carlson-part-ways-after-fox-settles-dominion-lawsuit-1212572.html" target="_blank"> Fox News and Tucker Carlson part ways after Fox settles Dominion lawsuit</a></strong></p>.<p>The decision follows a string of events at Fox in recent weeks.</p>.<p>On Monday, Fox News Media and its top-rated host Tucker Carlson agreed to part ways, less than a week after parent Fox settled a defamation lawsuit in which Carlson played a central role, for $787.5 million.</p>.<p>Fox said Tubi Media Group will announce the new CEO for Tubi Streaming in the near future. (Reporting by Eva Mathews in Bengaluru; Editing by Pooja Desai)</p>
<p> Media company Fox Corp on Wednesday said it would house its standalone digital businesses under a new unit, Tubi Media Group, along with its news, sports and entertainment digital platforms.</p>.<p>Fox's standalone digital businesses include free, ad-supported streaming platform Tubi, which Fox acquired in 2020; Tubi founder Farhad Massoudi will now step down as its chief executive officer.</p>.<p>Paul Cheesbrough, who previously served as technology chief and president of Fox's digital unit, will become the CEO of the new division, the company said.</p>.<p><strong>Also Read |<a href="https://www.deccanherald.com/international/world-news-politics/fox-news-and-tucker-carlson-part-ways-after-fox-settles-dominion-lawsuit-1212572.html" target="_blank"> Fox News and Tucker Carlson part ways after Fox settles Dominion lawsuit</a></strong></p>.<p>The decision follows a string of events at Fox in recent weeks.</p>.<p>On Monday, Fox News Media and its top-rated host Tucker Carlson agreed to part ways, less than a week after parent Fox settled a defamation lawsuit in which Carlson played a central role, for $787.5 million.</p>.<p>Fox said Tubi Media Group will announce the new CEO for Tubi Streaming in the near future. (Reporting by Eva Mathews in Bengaluru; Editing by Pooja Desai)</p>