fuboTV Acquires Exclusive Rights to Select UEFA National Team Football and UEFA European Championship Matches Through FOX Sports

Rhea-AI Summary

fuboTV Inc. (NYSE: FUBO) has secured exclusive U.S. rights to stream UEFA National Team football matches through a six-year sublicense with FOX Sports. This agreement encompasses high-profile events including the UEFA Nations League™, European Qualifiers for UEFA Euro 2024 and 2028™, and select friendlies. It highlights fuboTV's commitment to enhancing its sports-first content strategy, expanding its soccer coverage, and potentially attracting new subscribers. The deal positions fuboTV as a leader in virtual MVPD offerings with greater soccer content than competitors.

Positive

• Secured exclusive rights to stream UEFA National Team matches through 2028.
• Strengthens position as a leading sports-first live TV streaming platform.
• Expands soccer coverage, potentially attracting new subscribers and revenue.

Negative

• None.

Deal Highlights Include UEFA Nations League™ Matches, European Qualifiers, Friendlies, Select UEFA EURO 2024™ and UEFA EURO 2028™ Contests

NEW YORK--(BUSINESS WIRE)-- fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today it has secured exclusive U.S. rights through a six-year sublicense with FOX Sports to stream select matches from Union of European Football Associations (UEFA). The deal kicks off with the UEFA Nations League™ in June 2022.

The agreement further strengthens fuboTV’s leading position as a sports-first live TV streaming platform with more soccer coverage than any other virtual MVPD (vMVPD).

Terms of the deal were not disclosed.

Through its deal with FOX Sports, fuboTV will be the exclusive home to a package of selected UEFA National Team Football matches through 2028. fuboTV will have exclusive rights to stream select matches featuring the top European national teams, including Italy, France, England, Germany, Spain, Portugal and the Netherlands. The company’s coverage includes select matches within the following events in all languages (except Spanish and Portuguese):

• UEFA Nations League™
• European Qualifiers to UEFA Euro 2024 and 2028™
• European Qualifiers to FIFA World Cup 2026™
• Friendly Matches played by European nations controlled by UEFA
• UEFA Euro2024™ (5 Matches)
• UEFA Euro2028™ (5 Matches)

“Soccer has always been integral to fuboTV’s DNA,” said David Gandler, co-founder and CEO, fuboTV. “Today’s announcement of our deal with FOX Sports to distribute UEFA National Team Football marks an important milestone for the company as we work to differentiate our sports-first content portfolio and reinvent interactive sports and entertainment television. We are excited to partner with FOX Sports to bring some of the world’s most important and thrilling soccer events to consumers over the years to come.”

“We’re excited to partner with fuboTV on UEFA’s most-coveted events,” said FOX Sports CEO and Executive Producer, Eric Shanks. “fuboTV and FOX Sports both share a strong passion for soccer, and what better way to celebrate this beautiful game than with some of the world’s greatest tournaments.”

fuboTV’s exclusive UEFA coverage will stream on Fubo Sports Network, which is available as part of fuboTV’s base plan of 100+ sports, news and entertainment channels. Select UEFA matches and all re-airs will stream on Fubo Sports Network and its distribution partners including Hisense Smart TVs, LG Channels, Sports on Tubi, Plex, Samsung TV Plus, The Roku Channel, Vizio Channels and XUMO.

About fuboTV

With a mission to provide the world’s most thrilling sports-first live TV experience through the greatest breadth of premium content, interactivity and integrated wagering, fuboTV Inc. (NYSE: FUBO) is focused on bringing to life its vision of a streaming platform that transcends the industry’s current virtual MVPD model. fuboTV Inc. operates in the U.S., Canada, Spain and, through its acquisition of Molotov, in France.

Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, fuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive sports and entertainment television. The company's cable TV replacement product, fuboTV, offers subscribers more than 100 live sports, news and entertainment networks and is the only live TV streaming platform with every Nielsen-rated sports channel (source: Nielsen Total Viewers, 2021). Subscribers can interact with fuboTV’s live streaming experience through predictive free-to-play games, which are integrated into select sports content.

Fubo Gaming Inc., a subsidiary of fuboTV Inc., launched Fubo Sportsbook, a next-generation mobile sportsbook purpose-built to integrate with fuboTV, in 2021.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements of fuboTV Inc. (“fuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our partnerships, market opportunity and business strategy and plans. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” “believe” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that fuboTV makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to fuboTV’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to our ability to capitalize develop and market a sports wagering offering and the regulatory regime and related risks associated with such offering; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021 filed with the Securities and Exchange Commission (“SEC”) on November 10, 2021 and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent fuboTV’s views as of the date of this press release. fuboTV anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing fuboTV’s views as of any date subsequent to the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005188/en/

Investor Contacts

Alison Sternberg, fuboTV

asternberg@fubo.tv

The Blueshirt Group for fuboTV

ir@fubo.tv

Media Contacts

Jennifer L. Press, fuboTV

jpress@fubo.tv

Bianca Illion, fuboTV

billion@fubo.tv

Source: fuboTV Inc.

FAQ

What is fuboTV's new deal related to UEFA matches?

fuboTV secured exclusive U.S. streaming rights for UEFA National Team matches through a six-year sublicense with FOX Sports.

When will fuboTV start streaming UEFA matches?

The streaming of UEFA matches will begin in June 2022.

How long is fuboTV's deal with FOX Sports for UEFA content?

The agreement is for six years, extending through 2028.

What types of matches will fuboTV stream under this deal?

fuboTV will stream UEFA Nations League™, European Qualifiers for Euro 2024 and 2028™, and friendly matches.

How does this deal impact fuboTV's market position?

The deal enhances fuboTV's reputation as a leading sports-first streaming platform with more soccer coverage than competitors.