FuboTV

FuboTV Inc. (stylized as fuboTV) is an American streaming television service serving customers in the United States, Canada, and Spain that focuses primarily on channels that distribute live sports. Depending on country, channels offered by Fubo may include access to NFL, MLB, NBA, NHL, MLS, CPL and international soccer, plus news, network television series and movies.[2]

FuboTV Inc.
TypePublic
NYSE: FUBO
IndustryPay television
FoundedJanuary 1, 2015; 6 years ago (2015-01-01)
HeadquartersNew York City, New York,
United States
Area served
United States
Canada
Spain
ServicesStreaming television
Revenue US$217.746 Million (Fiscal Year Ended 31 December 2020)[1]
US$479.899 Million (Fiscal Year Ended 31 December 2020)[1]
US$599.392 Million (Fiscal Year Ended 31 December 2020)[1]
Total assets US$859.349 Million (Fiscal Year Ended 31 December 2020)[1]
Total equity US$622.948 Million (Fiscal Year Ended 31 December 2020)[1]
Members 1 million users
SubsidiariesFubo Sports Network, Fubo Gaming
Websitefubo.tv

Launched on January 1, 2015 as a soccer streaming service, FuboTV changed to an all-sports service in 2017 and then to a virtual multichannel video programming distributor (vMVPD) model.[3] As a vMVPD, FuboTV still calls itself sports-first but its expanded channel lineup targets cord cutters, offering a selection of major cable channels and OTT-originated features that can be streamed through smart TVs, mobile and tablets and the web.[4] The service is available in the United States, Canada and Spain as of 2018.[5]

In the U.S., there are several service options with different channel lineups, including the base package, with 100+ channels, and add-on packages like Extra, Sports Plus, Latino Plus and Português Plus.[6]

The company said it closed the third quarter of 2021 with nearly 945,000 paid subscribers and that, since closing the quarter, had actually hit one million subscribers. [7]

FuboTV was added to the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution in June 2021. [8]


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