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fuboTV Inc. (FUBO) is an innovative, sports-centric live TV streaming company that provides its subscribers with access to a comprehensive array of live sporting events, news, and entertainment content. With its robust platform, fuboTV offers a unique blend of live TV channels, featuring thousands of live sporting events each year. This includes exclusive access to major European soccer games, documentaries, and specialized club channels, making it a preferred choice for sports enthusiasts.
The company boasts a cloud-based TV service that delivers content through a user-friendly interface, available on SmartTVs, mobile phones, tablets, computers, and streaming devices. This interface is designed to enhance the personalization experience, allowing users to quickly find, discover, and watch their favorite teams and events with just one click.
fuboTV operates primarily in the Streaming segment, expanding its footprint beyond the United States to several international markets. Subscribers can further customize their viewing experience by purchasing additional content or enhanced features that cater to their specific preferences.
Recent achievements highlight fuboTV's ongoing commitment to delivering high-quality streaming services. The company continues to expand its content offerings and partnerships, ensuring a diverse and engaging viewing experience for its users. Financially, fuboTV has shown resilience and growth, adapting to the dynamic demands of the live streaming market.
Overall, fuboTV Inc. stands out for its dedication to sports fans and its innovative approach to live TV streaming, making it a significant player in the digital entertainment industry.
FuboTV (NYSE: FUBO) reported strong financial results for Q4 and full year 2024, achieving record metrics in North America. The company reached $1.588 billion in total revenue (up 19% YoY) and 1.676 million subscribers (up 4% YoY).
Key Q4 2024 highlights include:
- North America revenue of $433.8M (up 8% YoY)
- Record ARPU of $87.90 (up 1.4% YoY)
- First-ever positive free cash flow of $16.3M
- Net loss improved to $40.9M ($0.11 per share)
The company achieved significant YoY improvements in 2024, including $115M in Net Loss reduction and $115M in Adjusted EBITDA. For Q1 2025, Fubo projects North America revenue between $400-410M and 1.43-1.46M subscribers, noting potential impact from TelevisaUnivision non-renewal.
FuboTV (NYSE: FUBO), the sports-first live TV streaming platform, has announced the launch of CHCH TV on its Canadian service. The partnership with Channel Zero brings local Canadian news and entertainment programming to Fubo subscribers across Canada.
CHCH produces over 24 hours of original local news programming weekly from Hamilton, Ontario, offering the latest TV shows, blockbuster movies, and retro favorites. The channel will be accessible to Fubo subscribers through various platforms including Amazon Fire TV, Android, Apple TV, Chromecast, and other major streaming devices.
This expansion reinforces Fubo's position as Canada's premier soccer streaming platform while growing its linear sports and entertainment channel offerings. The partnership aims to enhance regional content coverage and demonstrates Fubo's commitment to serving local communities with essential news programming.
FuboTV (NYSE: FUBO) has announced the launch of multicultural content bundles, marking a significant expansion in its content strategy. The new offering includes Zee Family, a suite of 18 linear entertainment channels from Asia TV USA , available as both standalone and add-on packages to Fubo's base plan.
The initiative aims to serve the growing South Asian community in the U.S., with content in multiple languages. Fubo has also signed an agreement to launch ZEE5, currently a direct-to-consumer app. The company plans to introduce more live and VOD content bundles across various cultures and languages, aligning with their Super Aggregation strategy to provide flexible content options at appropriate price points.
Fubo currently operates in the U.S., Canada, Spain, and France, offering more than 400 live sports, news, and entertainment networks in the U.S. market. It remains the only live TV streaming platform featuring every English-language Nielsen-rated sports channel.
FuboTV Inc. (NYSE: FUBO) has announced it will release its Q4 and full year 2024 financial results before market opens on February 28, 2025. CEO David Gandler and CFO John Janedis will host a conference call at 8:30 a.m. ET to discuss results and provide business updates.
Fubo operates as a sports-first live TV streaming platform in the U.S., Canada, Spain, and France (via Molotov). In the U.S., it offers more than 400 live sports, news and entertainment networks and is the only streaming platform featuring every English-language Nielsen-rated sports channel. The platform is known for innovative features like 4K streaming, MultiView, and Instant Headlines, an AI-powered news topic generator.
FuboTV (NYSE: FUBO) has announced the expansion of its Fubo Sports linear network to over-the-air (OTA) stations in more than 100 U.S. markets, including New York, Los Angeles, and Chicago. This expansion makes the network accessible to over 12 million traditional TV households as OTA diginets, while maintaining its presence as a FAST channel on Fubo and free ad-supported streaming platforms.
Fubo Sports offers content from various sports leagues including Bare Knuckle Fighting Championship, ProBox TV, The Professional Fighters League, and World Poker Tour. The network broadcasts over 600 live sporting events annually and serves as a leading destination for combat sports. This strategic expansion aims to reach consumers across both streaming and traditional platforms, creating a new revenue stream for Fubo while catering to millions of Americans who still rely on OTA for sports content.
Cineverse (NASDAQ: CNVS) has expanded its partnership with Fubo (NYSE: FUBO) to distribute new FAST (free, ad-supported streaming television) channels. The agreement includes the immediate launch of Dog Whisperer with Cesar Millan and Go Pro Channel, with So... Real coming soon to all Fubo's English-language channel plans.
These channels join existing Cineverse networks on Fubo, including The Bob Ross Channel, Comedy Dynamics, Dove Channel, and RetroCrush. The Dog Whisperer channel features the award-winning show that once attracted over 10 million weekly viewers. The Go Pro Channel offers first-person action sports content, while So... Real will showcase reality programming from the UK & Australia.
Disney and FuboTV have announced a definitive agreement to combine Disney's Hulu + Live TV business with Fubo, creating a combined virtual MVPD company. Under the agreement, Disney will own 70% of Fubo, while the existing Fubo management team will operate the combined business.
The merged entity will have over 6.2 million North American subscribers and will continue to offer Fubo and Hulu + Live TV as separate services. As part of the deal, Fubo will create a new Sports & Broadcasting service featuring Disney's sports and broadcast networks, including ABC, ESPN, and ESPN+.
The transaction includes a $220 million aggregate cash payment to Fubo from Disney, FOX, and Warner Bros. Discovery as part of litigation settlement. Disney has also committed to provide a $145 million term loan to Fubo in 2026. The combined company is projected to be cash-flow positive immediately after closing.
FuboTV (NYSE: FUBO) announced that TelevisaUnivision has pulled its Spanish-language programming from the platform, affecting thousands of Hispanic consumers. The disruption occurred after TelevisaUnivision demanded a 25% price increase and insisted on bundling practices requiring subscribers to purchase all channels regardless of viewing preferences. Fubo rejected these terms, citing unfair pricing and bundling practices that would significantly increase costs for Spanish-speaking subscribers.
Despite the loss of TelevisaUnivision content, Fubo continues to offer extensive Spanish-language programming through various networks including beIN Sports Español, ESPN Deportes, and many others. The company remains open to negotiations but emphasizes the need for fair and competitive rates for its Latino plan subscribers.
FuboTV (NYSE: FUBO) has announced the launch of Hallmark+ as both a standalone premium subscription service and an add-on for existing Fubo customers. This expansion builds upon their existing distribution agreement for Hallmark's linear channels. Hallmark+ features the largest streaming catalogue of original Hallmark Christmas movies, with 600+ hours of holiday content.
The service will include exclusive content such as Hallmark's first holiday series (Holidazed and Mistletoe Murders), reality competition series (Finding Mr. Christmas), and unscripted shows featuring popular stars. All 2024 Countdown to Christmas and Miracles of Christmas movies will be available to stream on December 20.
FuboTV (NYSE: FUBO) announced that its Compensation Committee granted restricted stock unit awards totaling 32,269 shares to six new employees on November 25, 2024. The awards, granted under Fubo's 2024 Employment Inducement Equity Incentive Plan, will vest annually over four years, contingent on continued employment. Fubo, operating in the U.S., Canada, Spain, and France, is a sports-first cable TV replacement service offering over 400 live sports, news, and entertainment networks, featuring every Nielsen-rated sports channel in the U.S.