Welcome to our dedicated page for fuboTV news (Ticker: FUBO), a resource for investors and traders seeking the latest updates and insights on fuboTV stock.
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.
Former NBA All-Star Gilbert Arenas returns for season two of No Chill with Gilbert Arenas, which premieres on August 22 at 7pm ET/PT on Fubo Sports Network. The new season promises engaging interviews with top athletes like DeMar DeRozan and Richard Jefferson, building on the success of the first season, which featured notable guests such as Dwyane Wade. The show blends sports discussion with personal stories, aiming to connect fans and players. Fubo Sports Network, available on 75 million devices, continues to expand its original programming.
fuboTV Inc. (NYSE: FUBO) reported impressive Q2 2021 results, showing a 138% increase in paid subscribers to 681,721 and a 196% rise in revenue to $130.9 million year-over-year. Advertising revenue soared by 281% to $16.5 million, with customers streaming 245 million hours of content, a 148% increase. The company also updated its 2021 revenue and subscriber guidance and plans to launch a sportsbook by Q4 2021, enhancing its interactive streaming platform.
fuboTV (NYSE: FUBO), a premier sports-focused live TV streaming platform, announced its participation in several investor conferences. Co-founder and CEO David Gandler, alongside CFO Simone Nardi, will host presentations at:
- Oppenheimer 24th Annual Conference - August 11, 2021, at 1:15 p.m. ET
- KeyBanc Technology Forum - August 12, 2021, at 2:00 p.m. ET
- BMO Technology Summit - August 25, 2021, at 1:00 p.m. ET
Webcasts available on fuboTV's investor relations site.
Fubo Sports Network is set to broadcast the Lights Out Xtreme Fighting (LXF) 5 event live on August 7, with a schedule starting at 9:30 p.m. ET. This marks the first event since the pandemic halted sports activities. Shawne Merriman, former San Diego Chargers player, founded LXF in 2019. The card features notable bouts, including a lightweight headliner between Erick “The Ghost Pepper” Gonzalez and Samuel “The Alley Cat” Alvarez. The event will stream for free on various platforms, enhancing Fubo's reach to sports fans.
fuboTV Inc. (NYSE: FUBO) has appointed Alison Sternberg as senior vice president of investor relations, effective immediately. Sternberg will oversee investor communications, working closely with fuboTV’s executive team to enhance the company's investor strategy and engagement with the investment community. She brings 25 years of experience from direct-to-consumer sectors and has held senior roles at notable firms including Goldman Sachs. This strategic hire aims to improve fuboTV's investor relations as the company continues to innovate in the competitive streaming market.
Fubo Gaming, a subsidiary of fuboTV (NYSE: FUBO), has finalized a market access agreement with The Cordish Companies for its upcoming mobile Fubo Sportsbook in Pennsylvania. This agreement allows for statewide mobile access to sports betting and iGaming, pending regulatory approvals. Fubo Sportsbook aims to integrate gaming with fuboTV's live sports offerings, enhancing user experience. This marks at least the fourth state for Fubo Sportsbook, following agreements in New Jersey, Indiana, and Iowa. The launch is expected in Q4 2021, subject to regulatory compliance.
fuboTV (NYSE: FUBO) will announce its Q2 2021 financial results on August 10, 2021, after market close. CEO David Gandler and CFO Simone Nardi will host a live webinar to discuss the results at 5:30 p.m. ET. Participants can submit questions ahead of the session. fuboTV aims to enhance its sports-first streaming platform and plans to launch predictive gaming in Q3 and Fubo Sportsbook in Q4 2021, pending regulatory approvals.
fuboTV Inc. (NYSE: FUBO) will join the Russell 3000 Index on June 28, marking a significant milestone following its NYSE listing last October. This reconstitution includes the largest U.S. stocks ranked by market capitalization, further increasing fuboTV's visibility among institutional investors due to the index's $10.6 trillion assets benchmarked against it. CEO David Gandler emphasized the company's focus on delivering shareholder value and defining a new category of interactive television. fuboTV aims to enhance its platform with a predictive gaming app by Q3 2021 and plans to launch Fubo Sportsbook in Q4 2021, pending regulatory approvals.
Fubo Gaming has appointed Carl Sottosanti, a former executive at Penn National Gaming, to its board of directors and as chairman of its gaming compliance committee. This move is aimed at strengthening Fubo's leadership as it prepares to launch Fubo Sportsbook, an online sports betting platform, in Q4 2021, pending regulatory approvals. Sottosanti brings nearly 18 years of experience in the gaming industry, focusing on significant transactions and compliance. His expertise is expected to enhance Fubo's interactive gaming strategy.
On June 7, 2021, LG Electronics announced the launch of the fuboTV app on its webOS Smart TVs (2018-2021 models) in the U.S. This integration allows LG users to access over 100 sports, news, and entertainment channels through the world's leading sports-focused live TV streaming platform. Key features of the app include customizable user profiles, a customizable guide, series recording, team recording, and an auto-suggested binge-watching feature. LG's 2021 OLED TVs offer superior picture quality and support for various advanced display technologies, enhancing the viewing experience.
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