fuboTV Inc. - FUBO STOCK NEWS

FuboTV Inc. (NYSE: FUBO) announced that Co-founder and CEO David Gandler and CFO John Janedis will participate in a fireside chat at the Evercore ISI 2nd Annual Technology Conference on September 8, 2022 at 2:15 p.m. ET in New York City. The executives will also hold one-on-one and small group meetings with institutional investors.

Investors can access the live webcast of this event here.

Fubo Sports Network has announced its fall 2022 schedule, introducing two new original series alongside fan favorites. The new shows include Airing It Out with Housh and Scandrick, premiering on September 6, and The Young Person Basketball Podcast with R.J. Hampton, starting on October 23. Notably, Fubo Sports Network's viewership surged by 140% year-over-year, highlighting its growing popularity. Fans can access the content for free across various platforms, including YouTube and streaming services like Roku and Samsung TV Plus.

FuboTV Inc. (NYSE: FUBO) announced on August 16, 2022, that its Compensation Committee granted restricted stock unit awards for a total of 40,283 shares to five new non-executive employees. These awards are part of FuboTV’s 2022 Employment Inducement Equity Incentive Plan and vest annually over four years, contingent on continued employment. This move aligns with FuboTV's strategy to attract and retain talent in the highly competitive streaming market.

FuboTV Inc. (NYSE: FUBO) has appointed Lynette Kaylor as the new senior vice president of advertising sales. Starting next week, Kaylor will oversee Fubo's North American sales strategy and ad operations from New York City and Denver. Her role focuses on enhancing advertiser relations and increasing ad revenue, which recently saw a 32% year-over-year growth. CEO David Gandler emphasized Kaylor's suitability for this role due to her extensive experience in programmatic advertising and agency operations, critical for driving Fubo's ad sales growth.

SportsGrid, the first 24-hour streaming network for sports wagering, launched on FuboTV in the US and Canada. The network features 18 hours of original programming, real-time sports news, and analytics across various sports like NFL, NBA, and soccer. Originating from state-of-the-art facilities in New York City and Holmdel, New Jersey, SportsGrid aims to enhance fan engagement, especially with upcoming events like the NFL season and FIFA World Cup. This partnership marks a significant milestone in live sports programming and betting analytics.

FuboTV (NYSE: FUBO) has entered a multi-year first-look deal with Maximum Effort Productions, co-founded by Ryan Reynolds. This partnership will enable Maximum Effort to launch the Maximum Effort Network on FuboTV, expanding the platform's unscripted content offerings. Reynolds expressed excitement over this opportunity to creatively program the network, while FuboTV plans to leverage their collaborative expertise to enhance innovative marketing and advertiser partnerships. The agreement also includes equity consideration for Maximum Effort, showcasing FuboTV's confidence in this venture.

FuboTV Inc. (NYSE: FUBO) reported impressive financial results for the second quarter ended June 30, 2022. Total revenue surged 65% to $216.1 million, with advertising revenue increasing by 32% to $21.7 million and paid subscribers rising 41% to 946,735 in North America. The international segment also performed well, adding approximately 347,000 subscribers and $5.8 million in revenue. The company holds $378.8 million in cash and achieved improvements in key metrics, including Adjusted EBITDA as they target positive cash flow by 2025.

FuboTV Inc. (NYSE: FUBO) will release its Q2 2022 financial results on August 4, 2022, after market close. CEO David Gandler and CFO John Janedis will host a conference call at 5:30 PM ET to discuss the results and provide an outlook update. Investors can join via a toll-free dial-in number, and a live webcast will be available on FuboTV’s investor relations website. FuboTV aims to revolutionize live TV streaming with interactive features integrated into their sports-first platform, which is operational in the U.S., Canada, France, and Spain.

FuboTV Inc. (NYSE: FUBO) is set to launch pick’em games this weekend, marking a first in integrating free-to-play sports contests into its live TV streaming platform. Players in select markets can access Fubo Sportsbook via QR code, allowing real-money wagers. Pick’em games will be available prior to select sporting events, enabling users to compete for points and leaderboards. This launch is part of FuboTV's strategy to enhance interactivity and personalization, aiming to convert passive viewers into active participants and further integrate gaming with its streaming services.