The UK government is exploring a similar under-16 social media ban, citing concerns about harmful content and mental health impacts. Social media鈥檚 minor reckoning: Social media firms earned $11 billion in 2023 from ads targeting minors, driven by advertisers鈥� demand for young audiences, per a Harvard study.
Tubi recently launched in the UK, entering a competitive market dominated by Amazon and Netflix. Tubi continues to be a crucial growth driver for Fox; despite flat overall ad revenues, its most recent earnings report noted that gains from Fox Sports and Tubi offset losses at Fox Network.