fuboTV Inc. - FUBO STOCK NEWS

FuboTV Inc. (NYSE: FUBO) has launched TMB’s award-winning free ad-supported streaming TV (FAST) channels as part of its strategy to enhance content offerings and ad revenue. Subscribers can now access popular channels like FailArmy and People Are Awesome, contributing to a total of over 30 FAST channels on the platform. Since 2022, FuboTV aims to add nearly 100 more FAST channels, aligning with consumer preferences for ad-supported content. This initiative not only diversifies revenue streams but also supports FuboTV’s goal of achieving profitability.

FuboTV Inc. (NYSE: FUBO) is expanding its reach by offering four UEFA Nations League™ matches via Pay-Per-View (PPV) this June. The matches, featuring England, will be accessible not only on FuboTV but also through DIRECTV, DISH, and major cable operators. Each event will cost customers $24.95. This development marks FuboTV's first foray into PPV, aimed at diversifying revenue streams and targeting profitability by 2025. The streaming service holds exclusive U.S. rights to UEFA matches, enhancing its sports content available to subscribers.

FuboTV Inc. (NYSE: FUBO) has announced the appointment of three executives to strengthen its partnerships and content strategy. Ben Grad becomes the senior vice president for strategic partnerships, aiming to drive new revenue streams. Todd Mathers takes the role of senior vice president for content strategy and acquisition, focusing on expanding programming while realigning licensing costs. Andrew Steinberg joins as vice president of business development, responsible for growing network distribution and exploring new partnerships. These changes are part of FuboTV's strategy to achieve profitability by 2025.

FuboTV Inc. (NYSE: FUBO) and FOX Sports announced coverage for the UEFA Nations League™ 2022/23, starting June 1 through June 14. FOX Sports will air 44 matches across various networks including FS1 and FS2, while FuboTV will stream 60 exclusive matches on its Fubo Sports Network. Highlights include Spain vs. Portugal on June 2 and France vs. Croatia on June 6. FuboTV offers interactive features like FanView live stats and Multiview for enhanced viewing. This agreement marks a pivotal expansion for FuboTV's sports content.

fuboTV Inc. (NYSE: FUBO) reported a record total revenue of $236.7 million for Q1 2022, marking a 98% year-over-year increase. The company also saw its advertising revenue grow 81% to $22.8 million and paid subscribers surge 81% to over 1 million. Internationally, fuboTV launched operations in France and Spain, with approximately 305,000 subscribers and $5.5 million in revenue. Despite these gains, the company faced challenges in advertising sales growth, impacting adjusted contribution margin.

fuboTV Inc. (NYSE: FUBO), a leading sports-first live TV streaming platform, announced enhanced custom audience targeting at the 2022 IAB NewFronts. This allows advertisers to reach specific viewers based on their content engagement across all programming. Upcoming original content includes a new show featuring R.J. Hampton and returning series like Getcha Popcorn Ready with T.O. & Hatch. fuboTV has secured exclusive U.S. rights for major soccer events, reinforcing its position in the streaming market. The company reported 1.1 million subscribers and significant ad revenue growth in 2021.

fuboTV Inc. (NYSE: FUBO) announced the release of its financial results for the first quarter 2022 after market close on May 5, 2022. Following the announcement, CEO David Gandler and CFO John Janedis will host a live video webcast at 5:30 p.m. ET to discuss the results and provide a brief business update. Investors can submit questions in advance to ir@fubo.tv.

fuboTV aims to lead the live TV streaming landscape with a sports-first approach, offering over 100 channels.

fuboTV Inc. (NYSE: FUBO) has appointed Julie Haddon to its board of directors, effective immediately. Haddon, an owner of the Chicago Red Stars and former NFL executive, brings valuable experience in sports and media marketing. CEO David Gandler expressed confidence in Haddon’s ability to contribute to fuboTV’s mission of transforming TV for consumers and enhancing shareholder value. Haddon aims to innovate and expand fan engagement through sports and entertainment content on the platform.

fuboTV (NYSE: FUBO) announced the appointment of Henry Ahn as the chief business officer, effective early April. Ahn, who has been on fuboTV's board since July 2020, will focus on content strategy and business development. Reporting directly to him will be Ben Grad and Len Landi. Ahn's previous roles include leadership positions at Univision and NBCUniversal. This strategic appointment aims to enhance fuboTV's growth by optimizing licensing strategies and maximizing customer value.