FuboTV, the US streaming service with a focus on sports, has raised its subscriber guidance for Q3 2020 as a result of the start of NFL and the autumn sports seasons. The company also issued 2020 and 2021 revenue and subscriber guidance in a letter to its shareholders. Additionally, fuboTV’s common stock has been approved […]
fuboTV, the US sports-focused OTT service, has reported Q2 revenues of $44.2 million (€37.4m), a 53 per cent increase year-over-year on a pro forma basis. Growth was driven by a rise in subscribers, an increase in Average Revenue Per User (ARPU) and growth of advertising sales. Subscription revenue increased 51 per cent year-over-year to $39.5 […]
FaceBank Group has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to a proposed follow-on public offering of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether, or when, the offering may be completed or as to […]
Fulwell73, the production company behind Bros: After The Screaming Stops, Sunderland ‘Til I Die and The Late Late Show has completed a deal with Sky Documentaries to acquire UK distribution rights to its award-nominated feature-length documentary film Forbidden Games: The Justin Fashanu Story which was co-produced with London based production company, Gospel. Having previously launched […]
FaceBank Group is to file amended results to include pro forma financials for the first quarter ended March 31st, relating to its recent merger with fuboTV it will include unaudited financial results from fuboTV on a standalone basis for the first quarter. It says highlights will include: Revenues for the first quarter 2020 were $51 […]
Parks Associates research shows the number of hours per week consumers spend watching online video has almost doubled from 3.6 hours per week in 2017 to nearly seven hours per week in 2020. The Set-top Box Innovations and Trends report also notes traditional pay-TV has declined from an adoption rate of 75 per cent to […]
FaceBank Group and Disney Media Networks have struck a comprehensive distribution agreement to deliver Disney’s lineup of premier news, sports and entertainment content from ESPN and Walt Disney Television to live TV streaming platform fuboTV. Beginning this summer, customers who subscribe to fuboTV’s fubo Standard base package will have access to ABC, ABC News Live, […]
FaceBank Group has named Simone Nardi as chief financial officer. Nardi is based in New York City and reports directly to CEO David Gandler. As CFO, Nardi leads all financial operations and strategy for fuboTV. He joins the live TV streaming platform as it prepares to uplist to a major stock exchange following its merger […]
FaceBank Group is launching its first app on gaming consoles – fuboTV’s live TV streaming platform in the US is available immediately on Microsoft’s Xbox One family of devices. With the new Xbox app, subscribers can stream fuboTV’s top Nielsen-ranked sports, news and entertainment TV channels, access tens of thousands of VOD movies and TV […]