FuboTV Names Former Sky Exec Hannah Brown as First Chief Strategy Officer

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FuboTV, the streaming TV service with an emphasis on sports programming, has appointed Hannah Brown as its first chief strategy officer effective immediately. Brown is based in FuboTV’s New York City headquarters and reports directly to David Gan…

Live Content Is Growing in Popularity Among Cord-Cutters, Study Finds

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Consumer faith in live coverage distributed via over-the-top (OTT) video platforms is growing, according to a new report from Conviva.
According to the company, adoption of live-streamed content has increased as quality has improved, with plays up by 4…

FuboTV Skinny Bundle Announces Subscriber Count, Financial Milestones

Read on: Deadline.

FuboTV, whose skinny-bundle TV service predates those launched by DirecTV, Dish, Hulu and YouTube, is not quite as big as those heavier-marketed offerings. This morning, though, the company announced it is now approaching 250,000 subscribers and has se…

FuboTV Adds Turner Networks To Its Sports-Centric Skinny Bundle

Read on: Deadline.

Turner, a key player in TV sports, has reached a carriage deal with emerging skinny bundle fuboTV.
The internet-delivered service has steadily built a low-six-figure subscriber base as viewers continue to reshuffle their TV packages and sports remains …

FuboTV Raises $75 Million From AMC, Fox for Sports-Focused Online Streaming

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Sports-focused online streamer FuboTV has raised $75 million, led by AMC and 21st Century Fox, in its latest round of funding, the company announced on Wednesday.

The New York-based company has 100,000 paying customers, with its basic package starting off at $45 a month. FuboTV has about 80 channels in its arsenal, and has carved out a niche as a go-to spot for sports fans looking to cut the cord, with NBA TV, NBC Sports Network, Fox Sports, and the NFL Network — along with Fox, CBS, and NBC on the network side. Its streamed the World Series, Super Bowl, and Winter Olympics in the last year.

“This latest capital raise underlines a seismic shift in viewing behavior as consumers migrate from traditional platforms to streaming television,” said David Gandler, fuboTV CEO and co-founder, in a statement. “The pay TV space is experiencing a renaissance, and the company will use this investment to continue to drive technological advancement in video quality and latency, machine learning and predictive analytics to deliver a best-in-class experience.”

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After its fourth round of funding, FuboTV has raised $150 million. The company raised $55 million in Series C funding last June. The company did not share its valuation as part of its announcement.

FuboTV said the cash infusion will be used to hire more engineers and invest in more content. With stiff competition from YouTube, Sling TV, and Hulu, the company could be looking to land deals with networks like ABC. Its app is available on Apple TV, Amazon Fire TV, Roku, as well as iOS and Android mobile devices.

A look at FuboTV’s full investors for its Series D: 21st Century Fox, AMC Networks, Luminari Capital, Northzone, Sky and the former Scripps Networks Interactive (recently acquired by Discovery, Inc.). Investors also include DCM Ventures, i2bf, 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.

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Live Streaming Service FuboTV Raises $75 Million

Read on: Deadline.

Live streaming service FuboTV has raised $75 million in Series D funding, attracting a group of investors that includes AMC Networks, 21st Century Fox, Sky and the former Scripps Networks Interactive, which is now part of Discovery.
This investment round brings the total amount raised by FuboTV to $150 million, money the New York-based startup has invested in building out a sports-focused subscription service that got its start in 2015 live-streaming soccer games.
“This…

FuboTV Banks $75 Million From AMC Networks, 21st Century Fox and Others

Read on: Variety.

FuboTV is getting more cash to fuel its sports-centered, over-the-top internet pay-TV business: The startup announced $75 million in fourth-round funding from investors including AMC Networks and 21st Century Fox. The Series D round included participation by new investor AMC and existing investors 21st Century Fox, Luminari Capital, Northzone, Sky and the former Scripps Networks […]