Fubo TV

fuboTV beats expectations with 1.1 million subs

US OTT service fuboTV has amassed 1.1 million subscribers, the company has announced. The sports-oriented fuboTV serves as a competitor to the likes of Hulu + Live TV and YouTube TV, and provides subscribers with access to traditional broadcasters via an OTT delivery. In announcing its preliminary fourth quarter 2021 results, the company revealed that […]

FuboTV sets forth integrated betting strategy with Vigtory acquisition plan

Sports streaming platform FuboTV has executed a binding letter of intent to acquire sports betting and interactive gaming company Vigtory, and said it expects to launch a betting ‘sportsbook’ before the end of the year. Terms of the deal were not disclosed. The acquisition is expected to close in the first quarter of 2021. fuboTV […]

fuboTV gets US$20 million cash injection from Swiss investment bank

Cord-cutting streamer fuboTV has secured US$20 million in investment from Credit Suisse after owner FaceBank Group agreed to sell more than 2.1 million shares to the investment bank. FaceBank valued the shares at US$9.25 each. The cash injection from Credit Suisse adds to a total of more than US$46 million in investment sourced by fuboTV […]

ESPN finally arrives on fuboTV with Disney distribution deal

June continues to be a busy month for FaceBank-owned OTT streamer fuboTV with the latest news of a distribution agreement with Disney. The deal will mean that users of the sports-oriented fuboTV will finally have access to ESPN’s channels – channels which have been notably absent from the cord-cutter to date. Subscribers of the fubo […]

Discovery and fuboTV sign multi-year deal

Discovery and fuboTV have announced a new, multi-year carriage agreement that will bring 13 Discovery networks to fuboTV’s live TV streaming service in the coming weeks. The deal extends the strategic relationship between the companies that began with the former Scripps Networks Interactive (acquired by Discovery) and included carriage of their five networks including HGTV […]