FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV
streaming platform, announced today that it is now a proud partner
of the Boston Red Sox through a partnership for the 2023 season.
The deal marks Fubo’s first partnership with a Major League
Baseball team.
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The multi-faceted partnership includes the launch of Fubo
branding and hospitality opportunities at Fenway Park as well as
fan engagement both at the ballpark and across multiple digital
platforms.
The partnership with the Red Sox is a natural extension for
Fubo, which already holds a strong presence in the Boston market
through its significant local sports coverage of the Red Sox,
Patriots, Celtics and Bruins. Fubo, the streaming leader in
baseball coverage, carries Red Sox games through NESN, local
broadcast networks, national sports networks ESPN and FS1, as well
as MLB Network, MLB Strike Zone and, most recently, MLB.TV. Fubo
has complete coverage of regional sports networks (RSNs) in the
Boston area, where it carries NBC Sports Boston as well as
NESN.
In addition to coverage of baseball and other sports, Fubo also
streams popular live entertainment and news programming and
features more than 40,000 TV shows and movies on-demand each
month.
“Fubo customers are very passionate about sports, and Boston
sports fans are obviously very passionate about the Red Sox, making
this partnership even more special,” said Yale Wang, SVP,
marketing, Fubo. “Fubo is proud to be a partner of the Boston Red
Sox this season. We’re looking forward to serving Red Sox fans with
our sports-first premium platform, which was ranked #1 in Customer
Satisfaction among Live TV Streaming Providers by J.D. Power.”
“The Boston Red Sox are proud to team up with Fubo as their
first MLB Club relationship, and their industry leading status in
sports streaming make them a natural choice as a partner of the
club,” said Troup Parkinson, EVP, partnerships, Boston Red Sox. “We
look forward to helping them provide Red Sox fans with additional
benefits at Fenway Park and supporting their extensive gameday
coverage through trusted partners like NESN.”
For more information on the Fubo/Boston Red Sox partnership,
please visit https://www.fubo.tv/stream/boston-red-sox/.
About Fubo
With a mission to build the world’s leading global live TV
streaming platform with the greatest breadth of premium content and
interactivity, FuboTV Inc. (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 175 live sports, news and entertainment
networks and is the only live TV streaming platform with every
Nielsen-rated sports channel (source: Nielsen Total Viewers, 2022).
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 interactive product
features like FanView, an in-video experience showcasing live game,
team and player stats and scores in real time. Fubo was also the
first virtual MVPD to enable simultaneous viewing of up to four
live channels (Multiview on Apple TV) as well the first to stream
in 4K HDR.
Ranked #1 in Customer Satisfaction among Live TV Streaming
Providers by J.D. Power (2022), Fubo has been called “a force in
sports streaming” by Forbes, “the best streaming service for sports
aficionados” by Tom’s Guide and was heralded by CNET for its “ease
of use.” Learn more at https://fubo.tv
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, channel programming, partnerships and our market
opportunity. 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 risks related to our pursuit and
engagement in acquisitions; our actual operating results may differ
significantly from our guidance; risks related to Fubo’s access to
capital and fundraising prospects to fund its ongoing operations
and support its planned growth; risks related to diverting
management’s attention from Fubo’s ongoing business operations to
address integration and fundraising efforts; 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 the prior
operation and dissolution of our wagering business; 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-K for
the year ended December 31, 2022 filed with the Securities and
Exchange Commission (“SEC”) on February 27, 2023, 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.
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Investors
Alison Sternberg, Fubo asternberg@fubo.tv
JCIR for Fubo ir@fubo.tv
Media
Jennifer L. Press, Fubo jpress@fubo.tv
Bianca Illion, Fubo billion@fubo.tv
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