Fubotv Inc. - FUBO STOCK NEWS

fuboTV Inc. (NYSE: FUBO) announced its support for the open-source identity solution Unified ID 2.0, collaborating with The Trade Desk and others in digital advertising. As a connected TV partner, fuboTV extends Unified ID 2.0's reach within its significant CTV footprint, which accounted for 93% of its viewing hours in Q3 2020. Unified ID 2.0 aims to enhance user privacy and advertising relevance, serving as an alternative to third-party cookies. fuboTV's involvement may improve targeting for advertisers while enhancing the viewer experience.

fuboTV (NYSE: FUBO) announced it will release its financial results for Q4 and the full year 2020 on March 2, 2021, post-market close. CEO David Gandler and CFO Simone Nardi will host a live video webinar at 5:30 p.m. ET to discuss the results, followed by a Q&A session. The webinar will be accessible on fuboTV's investor relations website. Investors can submit questions in advance via email. As the leading sports-first live TV streaming platform, fuboTV offers access to over 100 live channels, including major sports networks.

fuboTV Inc. (NYSE: FUBO) announced the pricing of $350 million in 3.25% convertible senior notes due 2026 in a private offering. The offering is expected to close on February 2, 2021. The notes will mature on February 15, 2026, and are convertible into cash, shares, or a mix, at fuboTV's discretion. Proceeds of approximately $338.4 million will be allocated for general corporate purposes, including working capital and potential acquisitions. However, no specific use or current agreements for acquisitions were disclosed.

fuboTV (NYSE: FUBO) has announced its intention to offer $350 million in convertible senior notes due 2026 in a private offering. The offering may include an additional $52.5 million at the initial purchaser's option. These notes will be general unsecured obligations and will accrue semiannual interest. The proceeds are earmarked for general corporate uses, including working capital and potential acquisitions, although no specific allocations have been defined. The notes will not be registered under the Securities Act, limiting their sale in the U.S. without applicable exemptions.

fuboTV (NYSE: FUBO) announced its intent to acquire Vigtory, a sports betting and interactive gaming company, aiming to launch a sportsbook by year-end. The deal, details of which remain undisclosed, is expected to close in Q1 2021, subject to conditions. fuboTV plans to use Vigtory's technology to enhance customer betting experiences, leveraging existing market access in Iowa. Additionally, fuboTV forecasts significant growth in the online wagering market, potentially reaching $155 billion by 2024, and aims to integrate its sportsbook into its streaming platform for a seamless user experience.

fuboTV Inc. (NYSE: FUBO) reports strong preliminary results for Q4 2020, surpassing its revenue and subscriber guidance. Expected Q4 revenue is between $94-$98 million, marking a 77%-84% year-over-year increase, compared to prior guidance of $80-$85 million. Paid subscribers are anticipated to exceed 545,000, a growth of over 72% year-over-year, exceeding the earlier forecast of 500,000-510,000. CEO David Gandler praised the results, highlighting ongoing strategies for growth, including advertising revenue and sports wagering integration.

fuboTV Inc. (NYSE: FUBO) announced that Co-founder and CEO David Gandler, along with CFO Simone Nardi, will participate in a fireside chat at the 23rd Annual Needham Virtual Growth Conference on January 12, 2021, at 10:45am ET. This event will also include virtual one-on-one and small group meetings with institutional investors throughout the day. The live presentation and a subsequent webcast can be accessed here and will be available on the Events & Presentations section of fuboTV's investor relations website.

fuboTV (NYSE: FUBO) has launched its service on Hisense Smart TVs featuring the VIDAA Smart operating system. This collaboration allows consumers to access live sports and entertainment seamlessly through a dedicated Sports button on the remote. The new Hisense 9602 model comes pre-installed with fuboTV and offers over 100 live channels, along with various viewing features such as cloud DVR, personalized profiles, and multi-channel browsing. This launch emphasizes fuboTV's commitment to innovative streaming solutions in the competitive sports broadcasting market.

fuboTV (NYSE: FUBO) has announced the addition of EPIX to its live TV streaming platform, enhancing its entertainment offerings. Subscribers can now enjoy hit movies and acclaimed original series, including Godfather of Harlem and Pennyworth. The package also features NFL: The Grind, a docuseries produced by NFL Films. Available for $5.99/month, a promotional price of $2.99/month is offered for the first three months. This addition aims to increase subscriber value and provide a wider content variety.