Fubo shareholders approve merger with Disney’s Hulu with Live TV
Fubo’s shareholders have signed off on the company’s proposed transaction with Disney to combine its virtual pay television business with Hulu with Live TV.
Fubo
Fubo TV, Inc. ($FUBO, operating as Fubo) is a streaming technology provider that operates a sports-centric service called Fubo in the United States, Canada and Spain, as well as a similar product called Molotov in France.
In the United States, Fubo offers a number of broadcast and cable networks through its programming partners, including the Walt Disney Company (ABC, ESPN, FX, National Geographic), Comcast’s NBC Universal (NBC, CNBC, USA Network, E!, Bravo, MSNBC), Fox Corporation (Fox, Fox News, Fox Sports 1, Fox Business), Paramount Global (CBS, MTV, VH1, BET, CBS Sports Network, Paramount Network), the E. W. Scripps Company (Ion, Laff, Grit, Scripps News), Sinclair (Comet, Charge, TBD, The Nest, Bally Sports) and others.
Fubo also owns or operates a number of free, ad-supported streaming TV channels, including the Fubo Sports Network and Maximum Effort Channel.
Fubo is based in New York City.
Fubo launches sports-only package at $56 per month
Fubo is returning to its sports roots with the launch of Fubo Sports, a new lower-cost streaming plan centered on live sports channels.
Fubo CEO to get $175,000 in Newsmax stock after board appointment
Fubo CEO David Gandler will receive stock options valued at $175,000 for his participation on Newsmax’s Board of Directors, the cable news outlet reported to financial regulators on Friday.
Newsmax appoints Fubo’s David Gandler to board, picks Veritone to monetize content
Newsmax named Fubo CEO David Gandler to its board and announced a partnership with Veritone to monetize its 20-year content library.
Fubo to distribute DAZN sports in Canada
Fubo and sports streamer DAZN have reached a multi-year agreement to distribute each other’s content and channels in Canada.
Fubo moving forward with sports-only plan, may integrate Hulu channels
A new skinny package called “Fubo Sports” is launching in the coming weeks; the company is looking at various ways to integrate Hulu with Live TV into its core app.
AMC Networks sees streaming lift, but ad woes weigh on Q2 earnings
AMC Networks saw streaming gains during Q2, but ongoing advertising woes coupled with a continued downturn in the pay TV industry weighed on its earnings.
Fubo revenue tops guidance, but subscriber declines persist during Q2
The sports-heavy streaming service narrowed its loss to $8.0 million during the three-month period that ended in June.
Fubo stock jumps after company releases some Q2 data early
Fubo’s stock price rose sharply this week after the company offered a limited preview of its upcoming Q2 financial earnings report.
Fubo adds Weigel multicast networks, Chicago TV station
Weigel Broadcasting will offer its multicast networks and Chicago outlet WCIU on sports-focused streamer Fubo.
Fubo adds pay-per-view sports to streaming platform
Fubo is offering live soccer and boxing matches through a new pay-per-view feature on most supported TV platforms.
Fubo, DAZN partner on linear sports channels
DAZN gets free access to Fubo Sports Network, while Fubo streamers can add DAZN 1 for a separate fee.
Fubo, Magnite partner on programmatic pause ads
Fubo has partnered with Magnite to offer the first pause ads on connected TV (CTV) sold via a programmatic biddable environment.
Fubo seeks to invalidate Dish patent on adaptive bitrate streams
The sports-focused streamer filed a request with the Patent Trial and Appeal Board last year seeking a review of Dish’s adaptive bitrate patents.
Televisa-Univision strikes distribution deal with Disney, Hulu
Linear channels from Televisa-Univision will be distributed via Hulu with Live TV, and Disney will bundle its service with Vix in Mexico.
Fubo subscriber count, ad revenue dips in Q1
The continued lack of Warner Bros-owned channels, coupled with the loss of Televisa-Univision networks, convinced sports fans to look elsewhere.
DOJ launches probe into Fubo-Disney pay TV merger
The U.S. Department of Justice is investigating whether Fubo and Disney’s plan to merge their pay TV businesess violate antitrust rules.
Fubo begins offering personalized alerts during NBA playoffs
Fubo is testing the deployment of personalized sports notifications to better engage subscribers during the NBA Playoffs, and could roll the feature out more broadly during football and baseball season.
Fubo discontinues its regional sports-free “Essential” plan
The package allowed streamers to avoid Fubo’s regional sports fees by having access to only broadcast stations and national cable networks.
Fubo will share Texas Rangers sponsorship with DirecTV
DirecTV will provide the Rangers Sports Network feed that is displayed on TVs within Globe Life Field, and have its logo prominently displayed on the stadium’s video billboard and LED ribbons.
Fubo to sponsor Texas Rangers, carry new sports network
The Rangers Sports Network will be offered to Fubo subscribers who live within the Rangers home market.
Fubo readying cheaper “Sports & Broadcasting” package
The plan is expected to cost between $20 and $30 less than Fubo’s current base programming package, and include access to major broadcast and sports-inclusive networks.
Wall Street reacts negatively to Fubo Q4 earnings
Executives at Fubo warned the company is likely to lose subscribers during Q1, a red flag that sent its stock price down 20 percent on Friday.
Fubo launches standalone package with Zee Entertainment channels
The company says the launch of the Zee Family package will be the first of many multicultural channel bundles to debut in the near future.
Lawmaker wants DOJ to probe Fubo pay TV deal with Disney
The letter, sent by Senator Elizabeth Warren, may or may not be effective — depending on whether the DOJ wants to focus its efforts on Fubo or Disney.
Fubo distributing sports network on low-power TV stations
Fubo’s decision to distribute its signal on low-power TV stations makes it technically available in major TV markets, even if few people can actually watch those stations.
Tubi experiences lowest streaming lag during Super Bowl LIX
Tubi came the closest to delivering real-time action from Super Bowl LIX compared to other streaming services, according to a report published by Phenix.
Fubo bringing sports network to broadcast, but plans are light on details
The company claims Fubo Sports Network will eventually reach over-the-air TV users in 100 markets, but didn’t announce affiliation or time-brokerage deals with any broadcaster.
Fubo rolls out price increase on pay TV service
Just weeks after announcing a deal with Disney to merge its pay TV businesses, Fubo is raising the price of its most-affordable streaming TV plan.
Lawmakers press for streaming services to carry C-SPAN
Two lawmakers are urging Fubo, Hulu and YouTube TV to carry C-SPAN, arguing the per-subscriber fee is less than what Fox News and CNN charge.
Ryan Reynolds, Fubo-backed Maximum Effort Channel shuts down
Fubo and actor-comedian Ryan Reynolds have walked away from the Maximum Effort Channel, with the FAST network shutting down earlier this month.
Fubo subscriber sues Disney over “monopolistic” practices
A Fubo subscriber is suing the Walt Disney Company for alleged anticompetitive practices over the distribution of ESPN.
DirecTV, Dish present unified front against Fubo-Disney pay TV deal
DirecTV and Dish Network have signaled their willingness to continue challenging the launch of Venu Sports following Disney’s decision to buy out Fubo.
Law firm investigating Fubo over pay TV merger with Disney
A New York law firm is probing whether Fubo’s agreement to merge its pay TV business with that of Disney was in the best interest of shareholders.
Fubo, WBD signal willingness to restart carriage negotiations
The discussions were sparked by Fubo’s willingness to settle its lawsuit over Venu Sports for $220 million.
Disney to merge Hulu with Live TV business with Fubo
Fubo agrees to drop its antitrust lawsuit over Venu Sports, and accept a $220 million settlement while agreeing to build out Disney’s sports and broadcast streaming product.
Optimum offers customers discount on Fubo as dispute with MSG Networks continues
Even with the promotion offered by Optimum, Fubo is a more-expensive option to get MSG Networks compared to MSG Plus.
Univision channels go dark on Fubo, distribution contract blamed
As is typical, the price Fubo must pay for the channels is the reason why they are no longer offered.
Venu Sports backers lose motion to dismiss Fubo lawsuit
Sports broadcasters who backed Venu Sports this week lost a motion to dismiss the antitrust case brought by Fubo.
Fubo temporarily halts free trial offer for streaming service
Fubo has stopped offering free trials on its sports-centric streaming service through the end of the year.