fuboTV Passes 100k Subscribers
Growth Driven by Investments in Sports Content, Including Recent Additions of CBS, CBS Sports Network, NFL Network and Pac-12 Network to Basic Fubo Premier Line-Up
NEW YORK, Oct. 10, 2017 /PRNewswire/ — As the new NFL, NBA, NHL – and fall TV – seasons get underway, fuboTV, the leading sports-first live streaming TV service in the U.S., passed the 100,000 subscriber milestone in September.
Originally launching in January 2015 as a streaming soccer destination, fuboTV has – in less than a year – built a new over-the-top (OTT) live service that offers fans the most sports for the least money. The company’s new base package, Fubo Premier, officially launched in April 2017 and now includes 65-plus channels, including more that carry sports programming than any other streaming service’s similar bundle. This includes local stations, regional sports networks (RSNs) and some of the country’s most popular national channels, through which more than 100,000 fans can now use fuboTV to watch their favorite teams – as well as entertainment and news programming – via desktop computers, mobile phones, tablets and TV-connected devices.
Over the past six months, Fubo Premier has added several new channels to its line-up, including from CBS Corporation (CBS, CBS Sports Network, Pop and CBSN), MSG Networks (MSG and MSG+) and Scripps Networks Interactive (HGTV, Food Network, Travel Channel) as well as NFL Network, Pac-12 Network, FUSION TV, and several new local CBS and FOX affiliates. fuboTV’s “Sports Plus” add-on package added NFL RedZone and several regional FOX College Sports and Pac-12 Network channels. Additionally, fuboTV recently expanded its cloud DVR capacity, has invested in upgrading its technology, user interface and user experience, and launched out of Beta on several devices (i.e., Apple TV, iOS and Android devices, and Chromecast).
“We are pleased to have surpassed the symbolic 100,000-subscriber milestone so quickly – following investments in national and regional sports networks, and the infrastructure to support this expanded array of premium content,” said fuboTV Co-Founder and CEO David Gandler. “Given macro tailwinds driven by a fundamental change in consumer behavior, we anticipate the next 100,000 subscribers to join fuboTV at an accelerating pace.”
fuboTV is a sports-first streaming TV service that brings subscribers over-the-top (OTT) access to the most sports for the least money. This includes a growing line-up of national channels, local broadcasters and regional sports networks (RSNs) that hold rights to the most popular sports in the world. Officially launched in January 2015 as a streaming soccer service, fuboTV has evolved into one of the leading virtual MVPDs in the U.S. Its entry-level Fubo Premier bundle offers more than 65 channels, including up to 37 that carry sports, and brings customers access to popular entertainment, news and information content that complements the core sports offering, including more than 10,000 titles available on-demand. It is available on desktop or mobile web via www.fubo.tv; on Amazon Fire TV and Fire TV Stick; Android and iOS devices; Apple TV; Chromecast; Kindle Fire; Roku; and through T-Mobile’s Binge On.
The company has raised a total of $75.6 million in funding to date, including a $55 million Series C round that closed in June 2017, led by Northzone, and including 21st Century Fox, Sky and Scripps Networks Interactive. Investors also include DCM Ventures, i2bf, Luminari Capital, LionTree Partners, Univision Communications Inc., Edgar Bronfman, Jr. (former Chairman and CEO of Warner Music Group), Chris Silbermann (founding partner, ICM Partners) and former NBA Commissioner David Stern.