Advanced Television

fubotv

fuboTV delivers record revenue

fuboTV, sports-first US TV streaming platform, has announced its Q1 results. The company closed the strongest first quarter in its history, delivering better-than-expected growth in subscribers (590,430, up 105 per cent year-over-year, including 43,000 net additions in the quarter), total revenue ($119.7 million, up 135 per cent year-over-year) and advertising revenue ($12.6 million, up 206 […]

May 12, 2021

fuboTV launches content studio; LiveRamp partnership

At 2021 IAB NewFronts, fuboTV, the sports-first live TV streaming platform in the US, announced the launch of a branded content studio for advertisers, and a partnership with LiveRamp to enhance its addressable advertising capabilities. Through the new studio, advertisers can collaborate with fuboTV’s creative team to create custom branded content to air on Fubo […]

May 4, 2021

Bitmovin raises another $25m

Bitmovin, a provider of video infrastructure for global digital media companies, has raised $25 million (€20.7m) in Series C financing. The company says it will leverage this investment to drive the continued expansion of its product innovation and technology leadership in the streaming space. Bitmovin’s Series C round was led by Swisscom Ventures with participation […]

April 20, 2021

fuboTV acquires South American World Cup qualifiers

fuboTV, the US sports-first live TV streaming platform, has acquired the exclusive live streaming rights to the Qatar World Cup 2022 Qualifying matches of South American Football Confederation. fuboTV says the agreement, a partnership with the 10 South American teams’ rights holders, strengthens its position as a sports-first live TV streaming platform and its offering […]

April 9, 2021

Bank: “Buy fuboTV; Hold ProSiebenSat.1”

Sports broadcaster ‘fuboTV’, a now major multichannel video programming distributor (MVPD), and which streams its live content to a fast-growing portfolio of countries and devices, has prompted a major examination by investment bank Berenberg, and an upgrade to ‘Buy’. The bank admits that fuboTV is “easily the most controversial stock we cover, but we remain […]

March 16, 2021

Analysis: US pay-TV sheds 5.1m subs in 2020

Findings from analyst firm Leichtman Research Group indicate that the largest pay-TV providers in the US – representing about 95 per cent of the market – lost about 5,120,000 net video subscribers in 2020, compared to a pro forma net loss of about 4,795,000 in 2019. The top pay-TV providers now account for about 81.3 […]

March 5, 2021

fuboTV secures 2 new markets for Sportsbook

fuboTV, the US sports-first live TV streaming platform, has secured market access agreements for its forthcoming fubo Sportsbook in Indiana and New Jersey through Caesars Entertainment. The agreements will bring fubo Sportsbook to a minimum of three states at launch following fuboTV’s previously announced market access agreement in Iowa through Casino Queen. fubo Sportsbook is […]

March 4, 2021

fuboTV nears 550k subs

fuboTV, the US sports-first live TV streaming platform, has announced its financial results for the fourth quarter and full year ended December 31st 2020. The company closed its strongest fourth quarter and year in its history, topping $100 million in quarterly revenue for the first time ($105.1 million actual). fuboTV ended 2020 with 547,880 paid […]

March 3, 2021

Bank: Vigtory buy makes fubo strategy clear

fuboTV this week announced it will be acquiring sports betting and interactive gaming company Vigtory, significantly advancing the development of Fubo’s nascent wagering strategy. Terms of the deal were not disclosed, and the transaction is expected to close sometime in Q1. Investment bank Berenberg issued a note to clients said that while in the past […]

January 14, 2021

fuboTV buying Vigtory gaming

fuboTV is buying interactive gaming company Vigtory, and expects to launch a sportsbook before the end of the year. Terms of the deal were not disclosed but is expected to close in the first quarter of 2021. fuboTV intends to leverage Vigtory’s sportsbook platform and digital gaming assets, and its consumer-driven betting technology, to develop […]

January 12, 2021