fuboTV Acquires Exclusive Serie A and Coppa Italia Rights for Canada
August 19 2021 - 9:00AM
Business Wire
fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV
streaming platform, announced today that it has acquired the
exclusive rights for Coppa Italia and the exclusive English
language rights for Serie A in Canada.
The two new multi-year agreements bolster fuboTV’s leading
position as the premier soccer streaming platform in Canada with
top-tier soccer content along with other linear sports and
entertainment channels. Terms of the deal were not disclosed.
The Coppa Italia agreement includes a minimum of 41 live matches
per season from the annual Italian cup competition plus the
Supercoppa Italiana. All matches will stream exclusively in Canada
on fuboTV. fuboTV’s coverage is in partnership with sports
marketing agency S&T Sports Group.
fuboTV will also be the exclusive English language home of
Italy’s Serie A, one of the world’s top soccer leagues, in Canada.
The agreement has been brokered by Infront, the exclusive
international media rights partner of Lega Serie A in Canada. Serie
A consists of 380 matches annually with fuboTV’s coverage beginning
August 21.
“With Canadians cutting the cord at an increasing pace
comparable to the U.S. market, according to a report by Boon Dog
Professional Services, we see a tremendous growth opportunity for
fuboTV,” said David Gandler, co-founder and CEO, fuboTV. “Our
mission is to attract Canadians looking for low-cost, consumer
friendly offerings to our premium sports-first live TV streaming
platform. Today’s agreements for Serie A and Coppa Italia bring two
of the most prestigious international soccer brands to fuboTV,
further differentiating our platform with exclusive live sports
that Canadians can’t watch anywhere else, and at a low price
point.”
"We are very proud to announce the agreements with fuboTV to
broadcast Serie A, the Coppa Italia and the Supercoppa Italiana,”
said Luigi De Siervo, CEO of Lega Serie A. “Thanks also to the
partnerships with Infront and S&T Sports Group, all the fans of
Italian football in Canada will be able to follow our competitions
with the same passion as always."
Today’s agreements mark the latest moves by fuboTV to
differentiate its sports-first programming with exclusive soccer
rights. Earlier this year, fuboTV acquired the exclusive streaming
rights to the Qatar World Cup 2022 Qualifying matches of the South
American Football Confederation (CONMEBOL) in the United States.
fuboTV currently has exclusive streaming rights for the Liga MX
home matches of Club Deportivo Guadalajara S.A. de C.V. (Chivas) in
Canada. The company also streams international soccer leagues like
French Ligue 1 locally through its content partners.
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 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). fuboTV intends to add interactivity to its streaming
experience with the launch of predictive free-to-play gaming in the
fall of 2021.
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.
About Lega Serie A
The Italian Professional Football League, known as Lega Serie A,
is the top football league in Italy and one of the most famous
football leagues in the world. The league, based in Milan, was
founded in 1946 as Lega Calcio. In 2010, the league divided into
Serie A and Serie B.
Lega Serie A organises Serie A TIM, the major football
championship in Italy, as well as the national cup and the match
between the two winners of these competitions, the Supercoppa
Italiana. The top four teams in the Serie A TIM automatically
qualify for the group phase of the UEFA Champions League. Lega
Serie A also runs important youth football competitions such as
Primavera 1 TIM, Primavera TIM Cup and Supercoppa Primavera TIM.
Lega Serie A has negotiated club TV rights collectively since the
2010/2011 sport season, usually on the basis of a three-year
deal.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they are based on the
current beliefs, expectations and assumptions of fuboTV and on
information currently available to fuboTV. The forward-looking
statements in this press release represent fuboTV’s views as of the
date of this press release. These statements may include, but are
not limited to, statements regarding future events or future
financial and operating performance, including revenue and
subscriber guidance and efforts to implement sports wagering into
our product. Although fuboTV believes the expectations reflected in
such forward-looking statements are reasonable, fuboTV can give no
assurance that such expectations will prove to be correct.
Forward-looking statements may involve known and unknown risks,
uncertainties and other factors that may cause fuboTV’s actual
results, performance or achievements to be materially different
from those expressed or implied by the forward-looking statements.
Accordingly, readers are cautioned not to place undue reliance on
these forward-looking statements. Except as required by applicable
law, fuboTV does not plan to publicly update or revise any
forward-looking statements contained herein, whether as a result of
any new information, future events, changed circumstances or
otherwise. No representations or warranties (expressed or implied)
are made about the accuracy of any such forward-looking statements.
Important factors that could cause fuboTV’s actual results to
differ materially are detailed from time to time in the reports
fuboTV files with the Securities and Exchange Commission, copies of
which are available on the Securities and Exchange Commission’s
website at www.sec.gov and are available from fuboTV without
charge. However, new risk factors and uncertainties may emerge from
time to time, and it is not possible to predict all risk factors
and uncertainties.
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version on businesswire.com: https://www.businesswire.com/news/home/20210819005409/en/
Investor Contacts: Alison Sternberg, fuboTV asternberg@fubo.tv
The Blueshirt Group for fuboTV ir@fubo.tv Media Contacts: Jennifer
L. Press, fuboTV jpress@fubo.tv
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