Streaming TV service Fubo TV says it has signed a pair of distribution deals with Lionsgate and Metro-Goldwyn-Meyer to offer their premium movie networks to subscribers by the end of the year.
The deals mean Fubo TV subscribers will soon be able to add Starz and Epix’s multiplex of channels on top of their subscriptions and watch linear and on-demand content from both networks without having to switch apps or inputs.
“We are pleased to announce today new content agreements with Epix and Starz, and will launch their premium entertainment channels on Fubo TV before the end of the year,” the company said in a letter to investors on Tuesday. “This broad mix of content is why our consumers ‘come for the sports and stay for the entertainment.'”
Fubo TV launched as a sports-centric streaming television service, quickly inking deals with programmers like Comcast, Fox Corporation and Al Jazeera Media Network who offer premium sports networks.
In recent months, the service has expanded to offer more general entertainment content from non-sports providers, including Discovery Networks and AMC Networks — deals that help position Fubo TV as a well-rounded streaming TV service that offers more than just sports.
Earlier this year, the company reached an agreement with the Walt Disney Company to distribute the ESPN multiplex of sports channels as well as FX, FXX, Freeform, the Disney Channel and some local ABC stations to users.
The deals are intended to keep subscribers locked in to Fubo TV’s subscription service long after sporting events conclude for the season. Fubo TV’s base subscription package costs $65 a month for nearly 100 live channels.
In addition to the streaming channels, Fubo TV said it would soon launch a sports betting service, something it said will “be an important contributor to our business.”
On Thursday, Fubo TV said it had 455,000 paying subscribers, an increase of more than 50 percent compared to last year.
