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fuboTV Inc - FUBO STOCK NEWS

Welcome to our dedicated news page for fuboTV (Ticker: FUBO), a resource for investors and traders seeking the latest updates and insights on fuboTV.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect fuboTV's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of fuboTV's position in the market.

Rhea-AI Summary
FuboTV Inc. (FUBO) has made a minority investment in Bare Knuckle Fighting Championship (BKFC) and Fubo Co-founder and CEO David Gandler will join BKFC's board of directors. The strategic investment expands the companies' current partnership, including live distribution rights on Fubo Sports, Fubo's FAST linear network, and Pay-Per-View. Fubo will stream select BKFC live events and original programming, as well as co-develop a reality series aimed at creating an emotional connection between fighters and fans.
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Rhea-AI Summary
FuboTV Inc. (FUBO) launches Instant Headlines, a beta feature that generates live contextual news topics in 10 words or less, helping users make better viewing decisions in real-time. The feature is currently available on FireTV and Android TV, integrated with select 24-hour news channels, and may be expanded to other devices in the future. Fubo plans to launch a suite of news-focused product features, with similar features for sports and entertainment content. The company aims to deliver a premium user experience and differentiate itself in the crowded streaming landscape through tech advancements. CEO David Gandler emphasizes the focus on news programming innovation, especially during an election cycle, and the commitment to ensuring users never miss a moment of meaningful content.
Rhea-AI Impact
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End-of-Day
-0.74%
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Maximum Effort Channel, a partnership between Fubo and Ryan Reynolds’ Maximum Effort, premiered the trailer for FLIP A CÖIN, an unscripted show starring Dolph Lundgren, today. The show, airing on Wednesday, January 17th at 9:30 p.m. ET, will consist of 12 episodes, each featuring iconic Swedish actor and filmmaker Dolph Lundgren flipping a coin. The show is available to watch on Fubo, Amazon Freevee, LG Channels, Plex, Sling Freestream, Tubi, VIDAA, VIZIO Watchfree+ and Xumo Play. The show is a collaboration between Maximum Effort Channel and Fubo, and it features Dolph Lundgren and Malin Åckerman as the talent. The show was crafted for people who love Dolph Lundgren and Malin Åckerman or people who love Swedish things or people who enjoy placing wagers as they watch television.
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-1.01%
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FuboTV Inc. (FUBO) announces participation in the 26th Annual Needham Growth Conference, with Co-founder and CEO David Gandler, CFO John Janedis, and Senior Vice President, Investor Relations Alison Sternberg presenting and hosting one-on-one meetings. The event will take place in NYC on January 17, 2024, featuring a fireside chat at 10:15 a.m. ET. Webcast links are available for virtual attendance.
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-1.35%
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Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) and FuboTV Inc. (NYSE: FUBO) have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations and Nexstar’s national cable news network, NewsNation. The agreement includes stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, with financial terms undisclosed.
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2.41%
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FuboTV Inc. (NYSE: FUBO) announced the closure of a privately negotiated exchange with Mudrick Capital Management, L.P., reducing its debt by $28.3 million. Mudrick exchanged $205,835,000 of existing convertible notes for $177,506,000 in new convertible senior secured notes. The exchange extends a significant portion of Fubo's debt maturities to 2029 from 2026, improving the flexibility of its balance sheet.
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End-of-Day
-7.94%
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FuboTV Inc. (FUBO) partners with EDO to measure consumer behavior and ad engagement, outperforming industry averages across linear TV and streaming. Initial findings show 16% higher ad engagement overall and 29% higher engagement on sports networks compared to live linear sports. EDO also provides detailed viewer demographics most engaged with Fubo ads, such as men ages 25-54 and women ages 18-34.
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4.8%
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partnership
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Rhea-AI Summary
FuboTV Inc. (Fubo) (FUBO) announced the grant of 6,874 restricted stock unit awards to three new employees under its 2023 Employment Inducement Equity Incentive Plan, vesting annually over a four-year period, to induce them to join the company.
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End-of-Day
0.32%
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Rhea-AI Summary
FuboTV Inc. (NYSE: FUBO) announced its Q3 2023 financial results, reporting $313 million in total revenue (up 43% YoY) and 1.477 million paid subscribers (up 20% YoY) in North America. The company achieved $30.3 million in North America ad revenue (up 34% YoY) and expanded average revenue per user (ARPU) in North America by 17% YoY to $83.51. In the Rest of World (ROW), Fubo reported $8.4 million in total revenue (up 45% YoY) and 411,000 paid subscribers (up 15% YoY). Fubo also saw improvements in net loss, net cash used in operating activities, free cash flow, and adjusted EBITDA. The company ended the quarter with $266 million in cash, cash equivalents, and restricted cash. Fubo raised its full year 2023 guidance for North America, expecting $1.319 billion - $1.324 billion in total revenue (34% YoY growth at the midpoint) and 1.584 million - 1.599 million paid subscribers (10% YoY growth at the midpoint).
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Rhea-AI Sentiment
End-of-Day
9.49%
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Rhea-AI Summary
FuboTV Inc. (NYSE: FUBO) will be attending investor conferences, including Stephen's Annual Investment Conference on November 14, 2023, and the UBS Global TMT Conference on December 4, 2023. The company's Co-founder and CEO David Gandler, CFO John Janedis, and Senior Vice President, Investor Relations Alison Sternberg will be hosting one-on-one meetings at these conferences.
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Rhea-AI Sentiment
End-of-Day
-1.24%
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conferences
fuboTV Inc

NYSE:FUBO

FUBO Rankings

FUBO Stock Data

434.28M
293.46M
3.06%
40.14%
21.45%
Motion Picture and Video Production
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United States
New York

About FUBO

fubotv is the world’s only cloud based tv service dedicated to soccer- streaming live cable sports channels, live european soccer games, documentaries, club channels and more to football enthusiasts. a powerful, yet simple, user interface delivers personalization where users are just one click away from quick access to finding, discovering and watching their favorite teams.