DOJ, state AGs back Fubo in lawsuit over Venu Sports
The U.S. Department of Justice and more than a dozen state attorneys general have filed briefs backing Fubo in its ongoing lawsuit against Venu Sports.
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.
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Wall Street hammers Fubo’s stock price after dismal Q3 earnings report
Fubo is now forecasting fewer subscribers to end 2024 than it did in August, with total income projected to be about the same.
Fubo adds Chicago Sports Network to base programming plan
Fubo is the second streaming TV service to reach a carriage agreement for the Chicago Sports Network since it launched this month.
Fubo evolves into reseller of subscription streaming services
The launch of the Fubo streaming marketplace could provide the company with additional ammunition in its ongoing lawsuit over Venu Sports.
Ampere: Football helps streaming services grab new customers
Analysts say TV networks might inhibit future vMVPD growth if they continue putting sports on their own direct-to-consumer products
Fubo adds channels from Family Entertainment Television
Family Entertainment Television has inked a distribution agreement that brings its two channels to Fubo.
Fubo throws shade at YouTube TV, announces multiview on Roku
The mosaic feature is rolling out to Roku Ultra users, and will launch on other Roku devices in the coming weeks, the company said.
Paris Olympics boosted time spent with broadcast TV in August
Traditional linear channels accounted for more than 48 percent of total time spent on TV, according to Nielsen’s latest “The Gauge” report.
DirecTV tells customers to use Sling, Fubo for ESPN
With channels like ESPN and ABC unavailable to DirecTV and U-Verse subscribers, the company is pointing customers to some of its competitors.
Fubo unveils “Triple Play” connected TV advertising package
The new ad offering exposes streamers to brand messaging from the moment they open the Fubo app.
Fubo CEO said company would go bankrupt if Venu Sports launched
The sports-focused streaming service projected revenue losses of as much as $95 million and the possibility of being delisted from the NYSE by the end of the year.
Fubo debuts new FAST channel for Bare Knuckle Fighting Championship
Fubo has debuted a new free, ad-supported streaming television (FAST) channel dedicated to a combat sport.
Judge blocks Venu Sports from launching after Fubo sues
A federal judge has approved Fubo’s request for an injunction that blocks Venu Sports from debuting later this month.
NBC will offer pop-up channels for Olympic games on pay TV
NBC will produce two spillover channels, Paris Extra 1 and Paris Extra 2, for additional live events from the 2024 Summer Olympic Games.
C15 Studio hires Chris Flatley away from Fubo
C15 Studio has poached a top advertising sales executive from Fubo to lead the company’s ambitious advertising initiatives in a similar role.
Comcast adds Fubo to Xumo Stream, Flex boxes
Fubo has brought more than 400 live cable and streaming channels to Comcast Internet customers by way of the Flex and Xumo Stream boxes.
Lawmakers: Venu Sports could harm sports fans, cable companies
Two members of Congress have sent a follow-up letter to Fox, Disney and Warner Bros Discovery seeking additional information about their sports-focused joint venture, Venu Sports.
Horowitz: Venu Sports could poach customers from cable, streaming
Fifty-eight percent of Americans between the ages of 18 to 34 saying they’d be interested in signing up for Venu Sports, according to Horowitz Research.
Fubo readies free tier to keep former subscribers engaged
Fubo says its forthcoming free tier of service will focus on keeping sports fans engaged during the off-season.
Fubo renews distribution agreement with Diamond Sports
Fubo will continue offering nearly two dozen Bally Sports-branded channels under a renewed deal with Diamond Sports.
Fubo quietly adds Sinclair digital networks
Fubo has added four entertainment-based digital television networks from Sinclair, Inc.
Venu Sports: Fox, Disney & WBD sports streaming service gets a name
Fox, ESPN and TNT Sports’ streaming joint venture will be called Venu Sports — so, hopefully, we can all stop calling it “Spulu.”
Fubo loses 100,000 subscribers during Q1 amid battle with broadcasters
Fubo lost 100,000 customers during the first quarter of the year as sports fans churn out at the end of football season.
Fubo seeks second congressional hearing on pay TV industry woes
Fubo is asking federal lawmakers to hold a second hearing exploring competition in the pay television space, with a specific focus on a forthcoming streaming service being developed by broadcasters.
Fubo unveils carousels, pause ads within streaming service
Fubo has debuted four new CTV ad units that marketers can take advantage of to reach premium linear content streamers.
Fubo pulls remaining Discovery channels amid contract dispute with WBD
The channels were offered on Fubo through a carriage deal that pre-dated WarnerMedia’s merger with Discovery Networks.
Fox, ESPN & WBD schedule late August for launch of sports streaming service
The tentative date was first revealed in a document filed in federal court, and is likely intended to capitalize on higher sports interest heading into the start of the NFL’s regular season.
U.S. streamers watch nearly 44 hours of video per week, study says
A research analyst with Parks Associates said streamers are watching more free, ad-supported content — and that might lead to higher churn across subscription-based services.
Federal lawmakers express concern over Fox-Disney-WBD streaming sports joint venture
The lawmakers sent a letter to the CEOs of Fox, Disney and Warner Bros Discovery with 19 questions about their sports joint venture.
Fubo CEO David Gandler sees salary fall to $5.164 million in 2023
The figure is around 38 percent lower than Gandler’s cash, stock and benefits compensation earned the prior year.
Fubo gets support from Dish, DirecTV executives in sports-focused antitrust case
The sports-centric streaming service has asked a federal court to issue a preliminary injunction barring Fox, Disney and Warner Bros Discovery from acting on their joint venture.
YES Network lands on Fubo in time for baseball season
Baseball fans who already pay for Fubo will see the addition of the channel as a value add.
Fubo CEO accuses Fox, Disney of overcharging for channels
Fubo CEO David Gandler said Fox and ESPN are overcharging the streaming service by as much as 40 percent for its sports and entertainment channels.
Fubo adds MASN ahead of Baltimore Orioles opening season
Fubo will carry MASN (the Mid-Atlantic Sports Network) just in time for the home openers of the Baltimore Orioles and Washington Nationals.
Mike Berkley, Fubo’s chief product officer, announces retirement
Fubo’s chief product officer Mike Berkley has announced his retirement from the technology industry.
Fubo stock pops, then falls, after company reveals Q4 subscriber growth
The stock price rose over 14 percent in pre-market trading after Fubo revealed a staggering amount of new subscribers in Q4.
Sports on streaming will get more expensive, Fubo CEO warns
The company is currently fighting two programming partners in court over plans to develop a competing sports-inclusive offering.
Fubo launches “Save My Sports” website as it battles Fox, ESPN in court
Fubo is bringing its fight against Fox, Disney and WBD to the court of public opinion.
Disney doesn’t want Fubo to become “next Netflix,” complaint alleges
Fubo says it was forced to drop sports-inclusive channels offered by Warner Bros Discovery in order to take ESPN and other Disney-owned channels.