lachlan rupert murdoch
Lachlan Murdoch and Rupert Murdoch.
  • Fox turned down multiple "unsolicited offers" over $2 billion for Tubi, Bloomberg reported. 
  • Fox bought the free ad-supported streamer for $440 million in 2020, and it has grown in users and ad revenue since.
  • An Insider analysis conducted last year valued the streamer around $2.8 billion.

Fox has reportedly turned down offers of over $2 billion for Tubi, the free ad-supported streaming service the media conglomerate bought in 2020.

Lachlan Murdoch, CEO of Fox and son of News Corp. founder Rupert Murdoch, reportedly rejected multiple unsolicited offers to keep the streaming service as it continues to grow, according to Bloomberg.