June 2021 Beta Test Increased Minutes
Watched on fuboTV By Up To 37%
fuboTV Inc. (NYSE: FUBO), the leading
sports-first live TV streaming platform, will take its integrated
predictive, free-to-play games and FanView live stats feature out
of beta just in time for the September window of the South American
Qatar World Cup 2022 Qualifying matches (CONMEBOL). fuboTV has
exclusive streaming rights to CONMEBOL through March 2022.
Starting September 2, fuboTV subscribers can seamlessly stream
CONMEBOL matches, use FanView to monitor stats and scores next to
and under a reduced-size video player and play free predictive
games - all on one screen, using their remote control and without
having to open another app. Both free games and FanView can be
toggled on or off, letting consumers choose their live
experience.
fuboTV tested both features during the CONMEBOL match window in
June. The integration of free games and FanView into the live
soccer matches increased engagement - subscribers watched fuboTV
for up to 37% more minutes (depending on platform) than those who
did not engage.
The company will add two new features for the September 2 launch
- users will be able to see where they place on a leaderboard for
each game. They can also subscribe to notifications for latest
updates.
Players who engage with CONMEBOL matches in September will earn
points for every question answered correctly on every match day
(September 2, 5 and 9). Players compete to earn the most points and
win the $1,000 prize, subject to applicable rules.
Predictive, free-to-play games will be available on Android
mobile, iOS mobile, Android TV, Fire TV, Roku and the web; FanView
will be available on Android TV, Fire TV, LG TV, Roku, Samsung
Smart TV, Xbox One’s family of devices and the web. fuboTV expects
to roll out both features on additional devices.
Free-to-play games will mark the beginning of fuboTV’s
innovative gaming roadmap as the company aims to turn passive
viewers into active participants and define a new category of
interactive sports and entertainment television. In addition to
free-to-play games, fuboTV’s subsidiary Fubo Gaming expects to
launch Fubo Sportsbook, a comprehensive sports entertainment
experience through sports betting, in the fourth quarter of 2021,
subject to obtaining requisite regulatory approvals.
“fuboTV’s vision to define a new category of interactive sports
and entertainment television takes a major step forward with our
launch of free games and FanView,” said David Gandler, co-founder
and CEO, fuboTV. “We believe this will mark the first time any
company has integrated live streaming television, free games and
live stats within the same platform, on the big screen. With free
games and our upcoming Fubo Sportsbook real-money wagering app, we
intend to deliver a truly interactive streaming experience, one
that we expect will improve engagement and retention to fuboTV
while also driving advertising revenue.”
“With this launch, consumers will never have to leave fuboTV to
interact with their favorite live sports,” said Mike Berkley, chief
product officer, fuboTV. “Our beta test in June gave us the
opportunity to introduce free games and FanView to a cohort of
users, gather data on usability and optimize ahead of September’s
launch. We’re really excited with what we will bring to market and
can’t wait for more consumers to experience live television as a
truly active and immersive experience.”
About fuboTV
With a mission to provide the world’s most thrilling
sports-first live TV experience through the greatest breadth of
premium content, interactivity and integrated wagering, fuboTV Inc.
(NYSE: FUBO) is focused on bringing to life its vision of a
streaming platform that transcends the industry’s current virtual
MVPD model. fuboTV Inc. operates in the U.S., Canada and Spain.
Leveraging its proprietary data and technology platform
optimized for live TV and sports viewership, fuboTV Inc. aims to
turn passive viewers into active participants and define a new
category of interactive sports and entertainment television.
Through its cable TV replacement product, fuboTV, subscribers can
stream a broad mix of 100+ live TV channels, including 74 of the
top 100 Nielsen-ranked networks across sports, news and
entertainment — more than any other live TV streaming platform
(source: Nielsen Total Viewers, 2020). Subscribers can interact
with fuboTV’s live streaming experience through predictive
free-to-play games, which are integrated into select sports
content.
Fubo Gaming Inc., a subsidiary of fuboTV Inc., expects to launch
Fubo Sportsbook, a comprehensive sports entertainment experience
through sports betting, in Q4 2021, subject to obtaining requisite
regulatory approvals.
Forward-Looking Statements
This press release contains forward-looking statements of fuboTV
Inc. (“fuboTV”) 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 business strategy and plans,
the continued shift in consumer behavior and the expected launch of
free to play games, FanView and Fubo Sportsbook. The words “could,”
“will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,”
“potential,” 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 fuboTV makes due to a number of
important factors, including but not limited to risks related to
our pursuit and engagement in acquisitions; our actual operating
results may differ significantly from our guidance; risks related
to the Company’s access to capital and fundraising prospects to
fund its ongoing operations and support its planned growth; 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 our technology, as well as cybersecurity and data
privacy-related risks; our ability to achieve or maintain
profitability; our revenue and gross profit are subject to
seasonality; our operating results may fluctuate; our ability to
attract and retain subscribers; we may not be able to license
streaming content or other rights on acceptable terms; risks
related to our ability to capitalize develop and market a sports
wagering offering and the regulatory regime and related risks
associated with such offering; risks related to the difficulty in
measuring key metrics related to our business; risks related to the
highly competitive nature of our industry; 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, including the impact of
COVID-19 on the broader market. 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 ended June
30, 2021 filed with the Securities and Exchange Commission (“SEC”)
on August 11, 2021 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 fuboTV’s views as of the
date of this press release. fuboTV 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 fuboTV’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/20210830005072/en/
Media Contacts Jennifer
Press, fuboTV jpress@fubo.tv Bianca Illion, fuboTV billion@fubo.tv
Investor Contacts Alison
Sternberg, fuboTV asternberg@fubo.tv The Blueshirt Group for fuboTV
ir@fubo.tv
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