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. (NYSE: FUBO) generates frequent news as a sports-first live TV streaming company operating the Fubo, Hulu + Live TV and Molotov brands. This news page aggregates coverage of Fubo’s corporate developments, programming announcements and financial disclosures so readers can follow how the company is evolving within the streaming and Pay TV landscape.
Investors and viewers can expect updates related to Fubo’s business combination with The Walt Disney Company’s Hulu + Live TV business, which created a combined operation described by the company as the sixth largest Pay TV service in the U.S. Company announcements and SEC filings provide details on the structure of this transaction, the resulting ownership and governance arrangements, and the integration of the Hulu + Live TV business into Fubo’s umbrella partnership structure.
News for FUBO also includes capital structure and financing developments, such as the issuance of a $145 million term loan from an affiliate of The Walt Disney Company and the handling of Fubo’s 3.25% Convertible Senior Notes due 2026 and Convertible Senior Secured Notes due 2029. Press releases and Form 8-K filings describe tender offers, repurchase rights triggered by the business combination and subsequent repurchases of outstanding notes.
From an operational perspective, Fubo’s news flow covers product and content initiatives. Examples include the launch of the Fubo Channel Store to aggregate premium standalone plans inside the Fubo app, the introduction of the Fubo Sports skinny service, and announcements about exclusive rights to select UEFA European Qualifiers to FIFA World Cup 2026 offered as pay-per-view events. The company also issues statements on content negotiations, such as its dispute with NBCUniversal over carriage terms and the removal of NBCUniversal networks from the Fubo platform.
FuboTV Inc. regularly reports its quarterly financial results and key performance metrics, including subscriber counts and non-GAAP measures such as Adjusted EBITDA and Free Cash Flow, through shareholder letters, earnings press releases and Form 8-K filings. These disclosures provide insight into the performance of Fubo’s streaming operations in North America and other markets. For anyone tracking FUBO stock, this page offers a centralized view of these announcements, making it easier to monitor how strategic decisions, content agreements and financial trends intersect over time.
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.
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fuboTV Inc. (NYSE: FUBO) has acquired Balto Sports, marking its entry into the online sports wagering market. The terms of the deal remain undisclosed. Balto Sports specializes in fantasy sports tools and will assist fuboTV in launching a free to play gaming platform. The online wagering market is projected to reach $155 billion by 2024. CEO David Gandler expressed optimism about synergies between live sports streaming and wagering, viewing this acquisition as a pathway to diversify revenue streams and enhance user engagement.
fuboTV Inc. (NYSE: FUBO) has appointed Mike Berkley as chief product officer, effective immediately. Berkley, a seasoned product leader with over 20 years of experience in streaming video, will oversee product strategy for fuboTV's platforms, including smart TVs, mobile, and web. His previous roles include senior positions at Spotify, Viacom, and Comcast. CEO David Gandler emphasized the importance of product advancements for the company's growth, highlighting potential in casual gaming and wagering integrated with live sports viewing. This appointment follows fuboTV's recent public offering.
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