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fuboTV Acquires Exclusive Streaming Rights for South American Qatar World Cup 2022 Qualifying Matches

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Rhea-AI Summary

fuboTV (NYSE: FUBO) has secured exclusive live streaming rights for the Qatar World Cup 2022 Qualifying matches from the South American Football Confederation. This partnership enhances fuboTV's sports-first live TV platform and allows coverage of 70 remaining matches. Scheduled match windows will start in June and continue through early 2022. The deal includes re-air and highlight rights along with commentary in English and Spanish. fuboTV aims to engage more consumers by enriching its content portfolio ahead of the World Cup.

Positive
  • Acquisition of exclusive OTT live streaming rights for 70 matches, enhancing content offering.
  • Increased market position as a leading sports-first streaming platform.
  • Plans for original programming, including pre and post-match shows, to attract viewers.
Negative
  • None.

fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today it has acquired the exclusive live streaming rights to the Qatar World Cup 2022 Qualifying matches of South American Football Confederation.

The agreement, a partnership with the 10 South American teams’ rights holders, strengthens fuboTV’s leading position as a sports-first live TV streaming platform and its offering of matches from the global Qatar World Cup 2022 Qualifiers. The top four teams competing within CONMEBOL, one of FIFA’s six continental confederations, qualify for Qatar. In addition to CONMEBOL, fuboTV will stream many qualifying matches through its carriage of other channel partners.

Terms of the deal were not disclosed.

Through the new partnership, fuboTV has acquired the following rights:

  • Exclusive OTT live streaming rights only for the remaining 70 matches, including Qatar World Cup 2022 Qualifiers
    • Match windows are currently scheduled to begin in June with several additional match windows through 2021 and into early 2022.
  • Re-air and highlight rights
  • Matches featuring both English and Spanish commentary

To bolster its Qatar World Cup 2022 Qualifiers coverage, fuboTV will produce original programming, including pre, half-time and post match shows, to air throughout the season. Specific details on programming, including how consumers can stream all South American qualifying matches with fuboTV, and on-air talent will be announced.

“Our mission is to provide the world’s most thrilling sports-first live TV experience with the greatest breadth of premium content, interactivity and integrated wagering,” said David Gandler, co-founder and CEO, fuboTV. “By offering the best of South American soccer in advance of Qatar 2022, we are further differentiating fuboTV’s sports-first content portfolio enabling us to engage with more consumers than ever before.”

CONMEBOL’s schedule of games is still being finalized and is subject to change.

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 and Spain.

Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, fuboTV Inc. aims to turn passive viewers into active participants. Through its cable TV replacement product, fuboTV, subscribers can stream a broad mix of 100+ live TV channels, including 42 of the top 50 Nielsen-ranked networks across sports, news and entertainment — more than any other live TV streaming platform (source: Nielsen Total Viewers, 2020). fuboTV intends to add interactivity to its streaming experience with the launch of a predictive free-to-play gaming app in Q3 2021.

Fubo Gaming Inc., a subsidiary of fuboTV Inc., expects to launch Fubo Sportsbook, a comprehensive sports and entertainment experience through sports betting and interactive gaming, in Q4 2021, subject to obtaining requisite regulatory approvals.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on the current beliefs, expectations and assumptions of fuboTV and on information currently available to fuboTV. The forward-looking statements in this press release represent fuboTV’s views as of the date of this press release. These statements may include, but are not limited to, statements regarding future events or future financial and operating performance, including revenue and subscriber guidance and efforts to implement sports wagering into our product. Although fuboTV believes the expectations reflected in such forward-looking statements are reasonable, fuboTV can give no assurance that such expectations will prove to be correct. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause fuboTV’s actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable law, fuboTV does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. Important factors that could cause fuboTV’s actual results to differ materially are detailed from time to time in the reports fuboTV files with the Securities and Exchange Commission, copies of which are available on the Securities and Exchange Commission’s website at www.sec.gov and are available from fuboTV without charge. However, new risk factors and uncertainties may emerge from time to time, and it is not possible to predict all risk factors and uncertainties.

FAQ

What recent acquisition did fuboTV secure regarding the Qatar World Cup 2022 Qualifiers?

fuboTV has acquired exclusive live streaming rights for the Qatar World Cup 2022 Qualifying matches of the South American Football Confederation.

How many matches are included in fuboTV's new streaming rights acquisition?

The acquisition includes exclusive rights for 70 remaining qualifying matches.

When will the match windows for the Qatar World Cup 2022 Qualifiers start?

Match windows are scheduled to begin in June and will continue into early 2022.

What additional programming will fuboTV provide for the World Cup 2022 Qualifiers?

fuboTV will produce original programming, including pre, half-time, and post-match shows.

How does this acquisition affect fuboTV's market presence?

This acquisition strengthens fuboTV's position as a leading sports-first live TV streaming platform.

fuboTV Inc.

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