NYSE:FUBO

Fubo Exceeds Audience Attention Benchmarks for Streaming Platforms and Linear TV According to Attention Data From TVision

Retrieved on: 
Thursday, May 9, 2024

TVision, the company measuring every second of TV and CTV viewer engagement, and FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced Fubo ads outperform average attention across CTV apps and linear, capturing more attention among 24-54 year olds than all other benchmarks.

Key Points: 
  • TVision, the company measuring every second of TV and CTV viewer engagement, and FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced Fubo ads outperform average attention across CTV apps and linear, capturing more attention among 24-54 year olds than all other benchmarks.
  • View the full release here: https://www.businesswire.com/news/home/20240509673752/en/
    Among viewers aged 25-54, content on Fubo captured 33% more attention than cable and 70% more attention than typical vMVPD norms.
  • Among the same demo, content on Fubo captured 33% more attention than cable and 70% more attention than typical vMVPD norms.
  • The data shows Fubo is a strong investment for advertisers looking to connect with sports fans and beyond this year.”

Fubo Exceeded Q1 2024 Guidance in North America, Delivering 1.511M Paid Subscribers, $394M Total Revenue

Retrieved on: 
Friday, May 3, 2024

Fubo again exceeded expectations in North America, closing the first quarter with double digit year-over-year (YoY) growth, delivering 1.511 million paid subscribers, up 18% YoY, and $394 million in total revenue, up 24% YoY.

Key Points: 
  • Fubo again exceeded expectations in North America, closing the first quarter with double digit year-over-year (YoY) growth, delivering 1.511 million paid subscribers, up 18% YoY, and $394 million in total revenue, up 24% YoY.
  • In the Rest of World (ROW), the Company delivered 397,000 paid subscribers, up 5% YoY, and $8.4 million total revenue, up 7% YoY, during the quarter.
  • ROW includes the results of Molotov, the French live TV streaming service acquired by Fubo in December 2021.
  • “Fubo’s first quarter 2024 performance builds upon the strong momentum achieved in the prior year, with double digit paid subscribers, total revenue and ad revenue growth in North America,” said David Gandler, co-founder and CEO, Fubo.

Fubo Unveils New Suite of CTV Ad Offerings During 2024 IAB NewFronts

Retrieved on: 
Wednesday, May 1, 2024

FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, announced during the IAB NewFronts today a suite of four new CTV ad units, expanding the volume and variety of the company’s ad offerings.

Key Points: 
  • FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, announced during the IAB NewFronts today a suite of four new CTV ad units, expanding the volume and variety of the company’s ad offerings.
  • Interactive Ads: Among the new ad units are interactive ads, designed to not only increase audience awareness, but also drive conversion.
  • According to iSpot.TV 62% of ad impressions served on Fubo reach incremental households that are unreachable on linear TV (July 2023 - March 2024).
  • Our new ad units make way for high impact brand activations that drive even deeper levels of attention and engagement.”

Statement From Fubo Regarding Warner Bros. Discovery

Retrieved on: 
Tuesday, April 30, 2024

FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, issued the following statement today:

Key Points: 
  • FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, issued the following statement today:
    Fubo has attempted to renew with Warner Brothers Discovery our Discovery content agreement for its networks including Discovery, HGTV, Food Network and TLC, among others, and to obtain license rights for its Turner sports networks TNT, TBS and truTV.
  • Fubo offered Warner Brothers Discovery market rates for its content and, despite Fubo’s efforts to negotiate in good faith, Warner Brothers Discovery did not provide any counteroffer, and insisted on continuing to offer us above-market rates for its content.
  • Fubo views Warner Brothers Discovery's refusal to engage in good faith negotiations as another example of its abuse of massive market power that ultimately limits consumer choice.
  • Discovery networks have left Fubo as of April 30, 2024 at 5pm ET.

Fubo to Announce Q1 2024 Financial Results on May 3, 2024

Retrieved on: 
Thursday, April 11, 2024

FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the first quarter 2024 before the market opens on May 3, 2024.

Key Points: 
  • FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the first quarter 2024 before the market opens on May 3, 2024.
  • Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update.
  • The live webcast will be also available on the Events & Presentations page of Fubo’s investor relations website .
  • Participants should join the webcast 10 minutes in advance to ensure that they are connected prior to the event.

Fubo Announces Inducement Grants Under NYSE Listing Rule 303A.08

Retrieved on: 
Friday, March 29, 2024

FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on March 26, 2024, the Compensation Committee of Fubo’s Board of Directors granted restricted stock unit awards covering an aggregate of 39,291 shares of its common stock to seven new employees to induce them to join Fubo.

Key Points: 
  • FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on March 26, 2024, the Compensation Committee of Fubo’s Board of Directors granted restricted stock unit awards covering an aggregate of 39,291 shares of its common stock to seven new employees to induce them to join Fubo.
  • The awards were granted under Fubo’s 2023 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment.
  • The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules.

YES Network Is Launching on Fubo in Time for YES’ New York Yankees Opening Day Coverage Today

Retrieved on: 
Thursday, March 28, 2024

The YES Network and FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, have reached a multi-year agreement by which Fubo is launching YES in its Pro base channel plan in time for YES’ coverage of the New York Yankees’ Season Opener today against the Houston Astros.

Key Points: 
  • The YES Network and FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, have reached a multi-year agreement by which Fubo is launching YES in its Pro base channel plan in time for YES’ coverage of the New York Yankees’ Season Opener today against the Houston Astros.
  • YES’ pre-game show today begins at 3:00 pm ET, followed by the game telecast at 4:00 pm ET.
  • “The addition of the YES Network to Fubo’s robust baseball offering - which is broader than any other streaming platform’s - means Yankees fans won’t miss a single pitch on YES.
  • In addition to its leading sports coverage, Fubo also streams popular live entertainment and news programming and features more than 40,000 TV shows and movies on-demand each month.

Fubo Expands Position as Home for Local Sports With MASN Carriage Agreement

Retrieved on: 
Tuesday, March 12, 2024

FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), and Mid-Atlantic Sports Network (MASN) announced today a carriage agreement that will expand streaming coverage of the Baltimore Orioles and Washington Nationals to the leading sports-first live TV streaming platform.

Key Points: 
  • FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), and Mid-Atlantic Sports Network (MASN) announced today a carriage agreement that will expand streaming coverage of the Baltimore Orioles and Washington Nationals to the leading sports-first live TV streaming platform.
  • The addition of MASN further solidifies Fubo’s position as the home for local sports.
  • Fubo is also the streaming leader in Major League Baseball coverage carrying MLB.TV, MLB Network, MLB Strike Zone, regional sports networks (RSNs), local broadcast networks and national sports networks ESPN and FS1.
  • “Fubo has become a leading sports media platform and this new partnership will deliver O’s and Nats baseball to a significant new audience.”

Neil Glat Appointed to Fubo’s Board of Directors

Retrieved on: 
Tuesday, March 5, 2024

FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today the appointment of Neil Glat to its board of directors effective immediately.

Key Points: 
  • FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today the appointment of Neil Glat to its board of directors effective immediately.
  • Glat has extensive operating and strategic experience in sports, entertainment, media and hospitality.
  • Additionally, Pär-Jörgen (PJ) Pärson will step down from Fubo’s board to focus on his role at leading venture capital fund Northzone.
  • For more details on Glat and Fubo’s board of directors, please visit https://ir.fubo.tv/governance/board-of-directors/default.aspx

Fubo’s North American Business Closed Q4 2023 With Record 1.618 Million Paid Subscribers, 29% Year-Over-Year Revenue Growth; Exceeded Guidance Across Key Performance Metrics

Retrieved on: 
Friday, March 1, 2024

The Company exceeded guidance across key financial and operating metrics in North America, posting double digit year-over-year (YoY) revenue and subscriber growth during the fourth quarter.

Key Points: 
  • The Company exceeded guidance across key financial and operating metrics in North America, posting double digit year-over-year (YoY) revenue and subscriber growth during the fourth quarter.
  • Fubo ended the quarter with 1.618 million paid subscribers, up 12% YoY, and $402 million in total revenue, up 29% YoY.
  • Furthermore, ad revenue grew 14% for the full year 2023, totaling $114 million, despite an overall challenged ad market in 2023.
  • In the Rest of World (ROW), Fubo delivered $8.4 million total revenue, up 18% year-over-year, and 406,000 paid subscribers, down 3% year-over-year, during the quarter.