YES Network Is Launching on Fubo in Time for YES’ New York Yankees Opening Day Coverage Today

Rhea-AI Summary

FuboTV (FUBO) and the YES Network have signed a multi-year agreement, adding YES to Fubo's base channel plan for New York Yankees and Brooklyn Nets coverage. Fubo becomes the only streaming platform offering YES in its base plan, enhancing its sports content and providing an attractive price point for subscribers.

NEW YORK--(BUSINESS WIRE)-- The YES Network and FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, have reached a multi-year agreement by which Fubo is launching YES in its Pro base channel plan in time for YES’ coverage of the New York Yankees’ Season Opener today against the Houston Astros. YES’ pre-game show today begins at 3:00 pm ET, followed by the game telecast at 4:00 pm ET. YES’ post-game show will air immediately following the conclusion of the game.

“Fubo is thrilled to bring New York Yankees and Brooklyn Nets coverage to fans in the New York City area just in time for the 2024 season,” said Todd Mathers, senior vice president, content strategy and acquisition, Fubo. “The addition of the YES Network to Fubo’s robust baseball offering - which is broader than any other streaming platform’s - means Yankees fans won’t miss a single pitch on YES. And, as Fubo is the only streaming platform to offer YES in its base plan, everyone in the family can enjoy the sports, news and entertainment content they love at an attractive price point.”

“We are excited to reach an agreement with Fubo to bring YES and our best-in-class New York Yankees and Brooklyn Nets coverage to Fubo subscribers,” said Jon Litner, CEO, the YES Network. “As interest in the Yankees continues to soar as we approach Opening Day and the team’s pursuit of its 28^th World Series championship, Fubo streaming customers will now enjoy YES’ Emmy Award-winning Yankees coverage all season long.”

The addition of YES further solidifies Fubo’s position as the home for local sports. Fubo’s leading sports offering includes more than 55,000 live sporting events annually, with many streaming in 4K, and over 35 regional sports networks in its base package at the lowest cost compared to other streaming options. Fubo is also the streaming leader in Major League Baseball coverage carrying MLB.TV, MLB Network, MLB Strike Zone, regional sports networks (RSNs), local broadcast networks and national sports networks ESPN and FS1. In addition to its leading sports coverage, Fubo also streams popular live entertainment and news programming and features more than 40,000 TV shows and movies on-demand each month.

About Fubo

With a global mission to aggregate the best in TV, including premium sports, news and entertainment content, through a single app, FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO) aims to transcend the industry’s current TV model. The company operates Fubo in the U.S., Canada and Spain and Molotov in France.

In the U.S., Fubo is a sports-first cable TV replacement product that aggregates more than 300 live sports, news and entertainment networks and is the only live TV streaming platform with every Nielsen-rated sports channel (source: Nielsen Total Viewers, 2023). Leveraging Fubo’s proprietary data and technology platform optimized for live TV and sports viewership, subscribers can engage with the content they are watching through an intuitive and personalized streaming experience. Fubo has continuously pushed the boundaries of live TV streaming. It was the first virtual MVPD to launch 4K streaming and MultiView, which it did years ahead of its peers, as well as Instant Headlines, a first-of-its-kind AI feature that generates contextual news topics as they are reported live on air.

Learn more at https://fubo.tv

About YES

The YES Network, the most-watched regional sports network in the country in 18 of the last 21 years, owns the exclusive regional media rights of the 27-time World Champion New York Yankees and the Brooklyn Nets. YES, which has earned 146 Emmy Awards since its 2002 launch, also televises original biography, interview and magazine programs, college sports and Manchester City and AC Milan soccer. YES made the list of Forbes’ top 10 most valuable sports business brands in the world for nine straight years.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements of FuboTV Inc. (“Fubo”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our business strategy and plans, partnerships, carriage agreements and channel programming, and live sporting events. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” “believe” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Fubo makes due to a number of important factors, including but not limited to the following: our ability to achieve or maintain profitability; risks related to our access to capital and fundraising prospects to fund our financial operations and support our planned business growth; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to effectively manage our growth; the long-term nature of our content commitments; our ability to renew our long-term content contracts on sufficiently favorable terms; our ability to attract and retain subscribers; obligations imposed on us through our agreements with certain distribution partners; we may not be able to license streaming content or other rights on acceptable terms; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to the difficulty in measuring key metrics related to our business; risks related to preparing and forecasting our financial results; risks related to the highly competitive nature of our industry; risks related to our technology, as well as cybersecurity and data privacy-related risks; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent Fubo’s views as of the date of this press release. Fubo anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing Fubo’s views as of any date subsequent to the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240328628762/en/

Investor

Alison Sternberg, Fubo

asternberg@fubo.tv



JCIR for Fubo

ir@fubo.tv



Media

Jennifer L. Press, Fubo

jpress@fubo.tv



Bianca Illion, Fubo

billion@fubo.tv



Eric Handler, YES Network

ehandler@yesnetwork.com

Source: fuboTV

FAQ

What agreement did FuboTV (FUBO) and the YES Network reach?

FuboTV and the YES Network reached a multi-year agreement to add YES to Fubo's base channel plan for New York Yankees and Brooklyn Nets coverage.

What time does YES' pre-game show begin today?

YES' pre-game show begins at 3:00 pm ET today.

What does the addition of YES to Fubo's offering mean for Yankees fans?

The addition of YES to Fubo's offering ensures that Yankees fans won't miss a single pitch on YES, as Fubo is the only streaming platform to offer YES in its base plan.

How does FuboTV (FUBO) position itself in terms of sports coverage?

Fubo positions itself as the home for local sports, offering over 55,000 live sporting events annually, including MLB coverage, regional sports networks, and more, at an attractive price point.