Fox Corp on Monday named Anjali Sud, the former longtime head of video-sharing platform Vimeo, as the chief executive of its streaming service Tubi. She is succeeding its Founder and CEO, Farhad Massoudi.
Sud recently stepped down as the CEO of Vimeo, after about nine years at the streaming platform. She will report to Tubi Media Group CEO Paul Cheesbrough.
"Anjali is a highly accomplished executive in the technology and media industry with a passion and track record for strategic disruption and authentic leadership," said Paul Cheesbrough, CEO of Tubi Media Group.
"As Tubi continues to scale and solidify its momentum as the most watched free TV and movie streaming service in the US, she is the perfect candidate to lead Tubi into a new era of creativity, growth, and market leadership," he said.
Tubi, launched in 2014, was acquired by Fox for $440 million in 2020.
Sud, who will take over on September 1, took to Twitter to announce the news and said, "We are witnessing a seismic shift in where and how content will be consumed, and I hope to play a role in shaping the future of entertainment by giving all people access to all the world's stories"
Check out her post here
Today I am sharing my next adventure, as the incoming CEO of @Tubi!
— Anjali Sud (@anjsud) July 17, 2023
Read here for more…excited for rabbit holes, changing things up in the media world, and shaping the next gen of entertainment by giving all people access to all the world's stories 🧡📺https://t.co/gnvP4j5574
Anjali Sud named as Tubi CEO: 5 things to know about her
- Growing up in an immigrant household, she witnessed the impact she could have as a business leader. Sud was inspired by her father who runs a plastics recycling plant in Flint. “He raised me with this idea that businesses can help create jobs and have a positive force of influence on your local community,” she had noted. "My dad was an entrepreneur and I wanted to be one, too." Sud attended Phillips Andover Academy for high school, the University of Pennsylvania for undergrad, and Harvard Business School for her MBA.
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Before Vimeo, Sud held positions in finance, media and e-commerce at Time Warner and Amazon.com. Vimeo appointed her CEO in July 2017 and she announced her departure after roughly six years in the top role. During her time there, she also took Vimeo through an IPO.
- According to the press release, Sud, the outgoing CEO of Vimeo, spent the last decade enabling the world to make and share high-quality content. "Under Sud's leadership as CEO of Vimeo, the platform established itself as the home for video creators and professionals worldwide, building a thriving community of over 300 million users and generating scaled revenue growth and significant cash flow," it said.
- Sud was named one of the most powerful women by Fortune India in September 2022. She also was named a Henry Crown Fellow at The Aspen Institute in March 2023.
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She is a designated Young Global Leader of the World Economic Forum and serves on the board of directors of Dolby Laboratories and Change.org, according to Variety.
Suggested Reading: Vimeo's Anjali Sud Back To Office After Second Baby: How Flexibility At Work Helps