Multi-Year Agreement Includes Custom Content
and Product Integrations, Co-Marketing Opportunities
FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO) and The Athletic
announced today an in-depth partnership making Fubo the official
live TV streaming partner of The Athletic. The multi-year agreement
incorporates content and product integrations as well as plans to
co-market the two brands to their respective audiences.
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the full release here:
https://www.businesswire.com/news/home/20241015292758/en/
Through the partnership, sports-first live TV streaming platform
Fubo is The Athletic’s first streaming partner.
Fubo will be integrated into live game blogs and additional
content on The Athletic’s leading sports platform as a go-to sports
streaming destination. As part of this, The Athletic will work with
Fubo to provide the most engaging and informative content
experience possible through custom in-content modules that will
feature relevant game information.
The Athletic and Fubo plan to jointly develop new product
features on The Athletic platform designed to ultimately build a
unique and market-leading user experience.
“The Athletic is one of the most trusted sources in sports media
and we have a shared passion of building community through sports
at local and national levels,” said Yale Wang, executive vice
president of marketing, Fubo. “We are excited to be The Athletic’s
first official streaming partner and look forward to connecting
with sports fans through bold new integrations while providing
leading sports coverage.”
"We are thrilled to partner with Fubo, a leader in live sports
streaming, as our first official streaming partner," said Sebastian
Tomich, chief commercial and development officer, The Athletic.
"This partnership brings together The Athletic's unrivaled sports
journalism and Fubo's dynamic live content, enhancing the way fans
engage with sports. Together, we are committed to building a deeper
community of sports enthusiasts, providing the best coverage and
creating immersive new experiences for fans at both the local and
national levels."
Fubo’s leading sports offering includes more than 55,000 live
sporting events annually, with many streaming in 4K, and over 35
regional sports networks in its base package at the lowest cost
compared to other streaming options. In addition to its leading
sports coverage, Fubo also streams popular live entertainment and
news programming and features more than 40,000 TV shows and movies
on-demand each month.
Powered by one of the largest global newsrooms in sports media,
The Athletic brings sports fans the most comprehensive stories
about the teams, sports and athletes they love. The Athletic's
newsroom of 450+ full-time staff delivers in-depth coverage of
hundreds of professional and college teams across more than 47
North American markets and all 20 football clubs in the English
Premier League, as well as many Championship clubs.
About Fubo
With a global mission to aggregate the best in TV, including
premium sports, news and entertainment content, through a single
app, FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO) aims to transcend the
industry’s current TV model. The company operates Fubo in the U.S.,
Canada and Spain and Molotov in France.
In the U.S., Fubo is a sports-first cable TV replacement product
that aggregates more than 400 live sports, news and entertainment
networks and is the only live TV streaming platform with every
Nielsen-rated sports channel (source: Nielsen Total Viewers, 2023).
Leveraging Fubo’s proprietary data and technology platform
optimized for live TV and sports viewership, subscribers can engage
with the content they are watching through an intuitive and
personalized streaming experience. It was the first virtual MVPD to
launch 4K streaming and MultiView, which it did years ahead of its
peers, as well as Instant Headlines, a first-of-its-kind AI feature
that generates contextual news topics as they are reported live on
air.
Learn more at https://fubo.tv
About The Athletic
The Athletic, founded in 2016 and acquired by The New York Times
in 2022, is the world’s leading direct-to-consumer digital sports
media company committed to elevated sports storytelling. The
Athletic has the world’s largest sports newsroom, with 500
full-time employees covering more than 250 professional sports and
collegiate teams in the US and globally. Through a personalized
subscriber experience built around the teams and leagues that fans
follow, The Athletic delivers content and insight across a range of
formats from written to audio, video and social - delivering
powerful stories and smart analysis that bring sports fans closer
to the heart of the game. From breaking news and live commentary to
deeply reported long reads and exclusive interviews, subscribers
rely on The Athletic for every sports story that matters.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking statements of FuboTV
Inc. (“Fubo”) that involve substantial risks and uncertainties. All
statements contained in this press release that do not relate to
matters of historical fact are forward-looking statements within
the meaning of The Private Securities Litigation Reform Act of
1995, including statements regarding our business strategy and
plans, partnerships, content and product integrations, and
marketing. The words “could,” “will,” “plan,” “intend,”
“anticipate,” “approximate,” “expect,” “potential,” “believe” or
the negative of these terms or other similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. Actual
results or events could differ materially from the plans,
intentions and expectations disclosed in the forward-looking
statements that Fubo makes due to a number of important factors,
including but not limited to the following: our ability to achieve
or maintain profitability; risks related to our access to capital
and fundraising prospects to fund our financial operations and
support our planned business growth; our revenue and gross profit
are subject to seasonality; our operating results may fluctuate;
our ability to effectively manage our growth; the long-term nature
of our content commitments; our ability to renew our long-term
content contracts on sufficiently favorable terms; our ability to
attract and retain subscribers; obligations imposed on us through
our agreements with certain distribution partners; we may not be
able to license streaming content or other rights on acceptable
terms; the restrictions imposed by content providers on our
distribution and marketing of our products and services; our
reliance on third party platforms to operate certain aspects of our
business; risks related to the difficulty in measuring key metrics
related to our business; risks related to preparing and forecasting
our financial results; risks related to the highly competitive
nature of our industry; risks related to the potential launch of
the joint venture by Walt Disney Company, Fox Corporation and
Warner Brothers Discovery; risks related to our technology, as well
as cybersecurity and data privacy-related risks; risks related to
ongoing or future legal proceedings; and other risks, including the
effects of industry, market, economic, political or regulatory
conditions, future exchange and interest rates, and changes in tax
and other laws, regulations, rates and policies. Further risks that
could cause actual results to differ materially from those matters
expressed in or implied by such forward-looking statements are
discussed in our Quarterly Report on Form 10-Q for the quarterly
period ending June 30, 2024 filed with the Securities and Exchange
Commission (“SEC”) and our other periodic filings with the SEC. We
encourage you to read such risks in detail. The forward-looking
statements in this press release represent Fubo’s views as of the
date of this press release. Fubo anticipates that subsequent events
and developments will cause its views to change. However, while it
may elect to update these forward-looking statements at some point
in the future, it specifically disclaims any obligation to do so.
You should, therefore, not rely on these forward-looking statements
as representing Fubo’s views as of any date subsequent to the date
of this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241015292758/en/
Investor Ameet Padte, Fubo ameet@fubo.tv
JCIR for Fubo ir@fubo.tv
Media Jennifer L. Press, Fubo jpress@fubo.tv
Bianca Illion, Fubo billion@fubo.tv
Jordan Cohen, The Athletic jordan.cohen@theathletic.com
fuboTV (NYSE:FUBO)
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fuboTV (NYSE:FUBO)
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