Hispanic media company Estrella Media said today that it has entered into a distribution agreement with live TV streaming platform fuboTV. Estrella Media’s live national EstrellaTV channel, as well as its flagship television station in Los Angeles, KRCA, are now available to fuboTV’s subscribers on its Latino package in the U.S. This deal marks one of […]
Virtual MVPD fuboTV posted a net loss of $99.8 million during the second quarter as its subscriber count held mostly steady. The company’s 2Q revenues totaled $44.2 million, up 53% year over year on a pro forma basis. The company attributed the growth an increase in subscription Average Revenue Per User (ARPU), which rose 8% to $54.79, and growth of advertising sales. Subscription revenue rose 51% to $39.5 million and advertising revenue rose 71% to $4.3 million.
FuboTV, the streaming service acquired by Facebank on April 1, disclosed that the combined companies registered a pro-forma net loss of $48.4 million in the first quarter. In a filing with the Securities & Exchange Commission Wednesday, FuboTV alone had a loss of $36 million in the quarter and Facebank lost $4.5 million. Adjustments to earnings totaled $8 million.
Virtual MVPD fuboTV has sold just over 2.16 million in stock shares to Credit Suisse Capital LLC in a deal valued at $20 million. The virtual pay TV operator has now raised $46 million in funding this year.
FuboTV — a U.S.-based video streaming service offering a premium, over-the-top bundle of sports TV channels — has inked a deal to merge with Facebank Group, a developer of technology IP. Terms of the deal were not disclosed, but the proposed merger aims to create a sports-first digital entertainment alternative online for cord-cutters and cord-nevers.
Viasat Inc., a global communications company, and FuboTV, a sports and news-focused live TV streaming service, announced today a video streaming distribution and technology partnership that advances how content can be delivered and consumed in-flight. The companies say the partnership is the first to leverage innovative technology standards from the global technical association the Streaming Video Alliance, and apply […]
Alphabet today announced that its Google Fiber ISP division will no longer offer TV service to new customers and will instead market virtual pay TV platform fuboTV.
FuboTV has expanded distribution of its new 24-hour sports network to Roku Channel. Roku said that it now has 30.5 million regular users of its OTT ecosystem, with many of them regularly tapping into the ad-supported Roku Channel.
FuboTV, one of the players duking it out in the competitive internet pay-TV arena, is dropping into the free streaming-video market with a network it wants to distribute as widely as possible — off its own platform. On Thursday, the company is soft-launching the Fubo Sports Network: a live, free-to-consumer TV network for U.S. sports fans offering event coverage, news, and exclusive programming.
With no common measurement data, OTT services are playing by multiple rule books, broadcast executives say at TVNewsCheck’s OTT News Summit.
FuboTV signed a new agreement with fantasy sports provider and bookmaker FanDuel to integrate sports betting data with the FuboTV streaming service. The companies said this agreement is FanDuel’s first strategic partnership with a third-party OTT internet television service. FanDuel’s betting data will be integrated on the Fubo platform in the coming weeks.
FuboTV subscribers can watch Newsy’s up-to-the-minute news coverage, its full lineup of live shows including The Day Ahead and The Why, and its award-winning documentaries and investigations.
Viacom has struck a carriage agreement to make its portfolio of networks available on Fubo. Through the deal, Viacom’s nine media networks — BET, CMT, Comedy Central, MTV, Nickelodeon, Nick Jr., Paramount Network, TV Land and VH1 — will be available as part of Fubo’s base $45-per-month offering.
FuboTV is expanding its live TV streaming service to include commercial-free, premium add-ons through new partnerships with AMC Networks’ AMC Premiere and FX Networks’ FX+. With these launches, FuboTV says it’s the first and only virtual MVPD to offer both AMC Premiere and FX+ on its service. FuboTV is one of the first virtual MVPDs […]
Start-up virtual pay TV provider fuboTV said it has added eight more local affiliate stations, putting the total number of CBS, Fox, NBC, CW and Telemundo locals under contract at 486. This total ranks the start-up third among vMVPDs, according to recent data published by CNET and others.
Sports-first, live streaming TV service fuboTV continues to add stations. With this week’s addition of another six, FuboTV now has a total of 227 stations on its platform (including CBS, Fox and NBC O&Os), plus access to Fox network programming in 41 additional local markets. This includes: Fox coverage in 82% of U.S. households, including 20 of the top 20 markets […]
FuboTV, in agreement with NBCUniversal, is offering a multi-platform content offering for NBCUniversal’s coverage of the XXIII Olympic Winter Games from PyeongChang, South Korea, beginning today and running through Sunday, Feb. 25. Subscribers to the FuboTV sports-first live streaming TV service will have access to NBCUniversal’s 2,400 hours of Olympic programming, including coverage of all competition sessions, on-demand. […]
FuboTV today announced a multi-year agreement with NESN (New England Sports Network), the exclusive regional home of the Boston Red Sox and the Boston Bruins. FuboTV will launch NESN in the coming days to subscribers of Fubo Premier, its base package of 65-plus live streaming TV channels. NESN, which is one of the most popular regional sports networks (RSNs) […]