fuboTV Inc.

03/29/2024 | Press release | Distributed by Public on 03/29/2024 07:55

Fubo, The Streaming Leader in Pro Baseball Coverage, Expands Major League Baseball Partnerships with 2024 Marketing Agreements

Company Announces Marketing Partnerships with Cleveland Guardians, Houston Astros, Seattle Mariners and Texas Rangers

NEW YORK - FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today it is once again the streaming leader in Major League Baseball coverage for the upcoming 2024 season. In addition to its leading baseball carriage, the company is a proud partner of the Cleveland Guardians, Houston Astros, Seattle Mariners and reigning World Series Champions Texas Rangers through new marketing partnerships for the duration of the season.

The partnerships include Fubo in-stadium and digital branding as well as fan engagement opportunities. Additionally, Astros, Guardians, Mariners and Rangers fans will have the opportunity to stream Fubo's leading sports, news and entertainment programming through a free trial.

Fubo is the streaming leader in Major League Baseball coverage compared to any other streaming platform thanks to its carriage of MLB.TV, MLB Network, MLB Strike Zone, regional sports networks (RSNs), local broadcast networks and national sports networks ESPN and FS1. Most recently, Fubo expanded its Major League Baseball coverage through carriage agreements with Mid-Atlantic Sports Network (MASN) and YES Network. 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. Click here to view the MLB opening weekend schedule on Fubo.

"Fubo is the streaming leader in Major League Baseball coverage and to further our commitment to baseball fans, we have secured marketing partnerships with prominent MLB teams for the duration of the 2024 season," said Yale Wang, executive vice president of marketing, Fubo. "We are proud to offer Astros, Guardians, Mariners and Rangers fans even more ways to engage with their favorite teams as they watch baseball live on Fubo."

"The Astros are proud to partner with Fubo," said Matt Brand, senior vice president, corporate partnerships, Astros. "This partnership provides our fans opportunities and perks to connect directly with the Astros, including a special subscription offer to watch Astros baseball on Fubo."

"We want to ensure our fans never miss a pitch, and thanks to Fubo, we're able to provide even more opportunities for our fans to watch and engage with Mariners baseball this season," said Chris Voigt, senior vice president, corporate partnerships, Seattle Mariners.

"Fubo has quickly become one of the leading sports-focused streaming services and we look forward to our continued partnership for the 2024 season as Fubo provides Texas Rangers fans a top-tier option to stream games when they can't make it to the ballpark," said Chad Wynn, vice president of business partnerships, Texas Rangers.

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 300 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. Fubo has continuously pushed the boundaries of live TV streaming. 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.

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, carriage agreements and channel programming, competitive positioning and live sporting events. 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 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 Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission 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.

Investor

Alison Sternberg, Fubo
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JCIR for Fubo
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Media

Jennifer L. Press, Fubo
[email protected]

Bianca Illion, Fubo
[email protected]