Fubotv Inc. Stock Price, News & Analysis

fuboTV Inc. (NYSE: FUBO) announced that Co-founder and CEO David Gandler and CFO Simone Nardi will participate in a fireside chat at the 24th Annual Needham Virtual Growth Conference on January 13, 2022, at 11:30 AM ET. Management will also hold virtual meetings with institutional investors throughout the day. Investors can access the live presentation here and view a webcast on fuboTV’s investor relations site.

Fubo Gaming, a subsidiary of fuboTV (NYSE: FUBO), has officially launched Fubo Sportsbook in Arizona, marking its second state launch after Iowa. This sportsbook allows users aged 21 and over to wager on various live sports events. The launch follows regulatory approvals to operate with the Ak-Chin Indian Community. Fubo Sportsbook integrates with fuboTV for a unique sports-wagering experience, leveraging user data for personalized bet recommendations. Fubo Gaming aims for further expansions pending regulatory approvals in additional states.

The Gaming Society Vodcast is set to premiere on fuboTV's Linear Sports Channel on December 16 at 12pm ET/PT. This partnership aims to enhance sports betting discussions through a show hosted by Dave Anderson and Michael Vick. Each episode will feature engaging football insights and a star-studded Fantasy Football league. The show reflects Gaming Society's mission to make sports betting more accessible and relatable.

fuboTV Inc. (NYSE: FUBO) has successfully completed its acquisition of Molotov SAS, France's leading live TV streaming service, originally announced on November 9, 2021. This acquisition, expected to enhance both companies' growth, will leverage Molotov's unique offerings, including its nearly four million monthly active users and successful freemium model, to expand fuboTV's international presence. Molotov will continue operating from Paris under its founder, JeanDavid Blanc, as fuboTV aims to integrate their technology for a robust global streaming platform.

fuboTV Inc. (NYSE: FUBO) has completed the acquisition of Edisn.ai, an AI-powered video recognition platform based in Bangalore, India. This acquisition is aimed at enhancing fuboTV’s interactive, sports-first live TV experience. Edisn.ai’s technology will improve play-by-play synchronization, ad detection, and enable integrated e-commerce features. The acquisition supports fuboTV's expansion plans, particularly into international markets like France, where it intends to acquire Molotov. Edisn.ai's team, including co-founders Ashok Karanth and Akshay Chandrasekhar, will join fuboTV to bolster its data science capabilities.

fuboTV Inc. (NYSE: FUBO), a premier sports-first live TV streaming platform, announced that Co-founder and CEO David Gandler, along with CFO Simone Nardi, will participate in key investor conferences this month. They will present at the RBC Capital Markets Global Technology, Internet, Media, and Telecom Conference on November 16, 2021, at 11:20 a.m. ET, and host one-on-one meetings at the ROTH 10th Annual Technology Event on November 17, 2021. Investors can access the live presentation via a direct link provided in the announcement.

fuboTV Inc. (NYSE: FUBO) has entered into a binding agreement to acquire France's leading live TV streaming service, Molotov SAS, for €164.3 million (approximately $190 million), primarily in equity. The acquisition aims to enhance fuboTV's global expansion strategy, leveraging Molotov's nearly four million monthly active users and localized streaming technology. The deal expects to finalize in Q1 2022, positioning fuboTV for significant international growth and a more robust content offering, particularly in sports.

fuboTV Inc. (NYSE: FUBO) reported exceptional Q3 2021 results, achieving $156.7 million in revenue—an impressive 156% year-over-year increase. The company reached 944,605 paid subscribers, marking a 108% increase from the previous year, and hit the milestone of one million total subscribers shortly after the quarter ended. Advertising revenue also surged, showing a 147% growth. fuboTV raised its full-year guidance, demonstrating strong momentum in its business strategy.

Fubo Gaming, a subsidiary of fuboTV (NYSE: FUBO), has officially launched Fubo Sportsbook in Iowa. This sportsbook allows users aged 21 and over to bet on thousands of professional and collegiate sporting events through an integrated mobile app that enhances the viewing experience on fuboTV. The launch is part of Fubo's strategy to cater to the growing demand for interactive sports engagement. The U.S. sports betting market is projected to grow from $2.1 billion in 2021 to $10.1 billion by 2028, indicating significant growth potential for Fubo Sportsbook.