Fubo Brings Sports-First Live TV Streaming Experience to Comcast’s Xfinity Flex, Xumo Stream Box and Xumo TV

Business Wire

27 June 2024 at 11:05 am·4-min read

NEW YORK, June 27, 2024--(BUSINESS WIRE)--FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today the launch of its app on Comcast’s entertainment platforms Xfinity Flex, Xumo Stream Box and Xumo TV.

Starting today, Fubo is available to millions of Xfinity Internet households with Flex or Xumo Stream Box. The app is also available on Xumo TVs, currently sold at retail locations across the U.S. For more details, visit Comcast’s blog.

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. 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.

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, carriage agreements and channel programming, platform and app distribution. 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 March 31, 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/20240627443037/en/

Contacts

Investor Contacts

Ameet Padte, Fubo
ameet@fubo.tv

JCIR for Fubo
ir@fubo.tv

Media Contacts

Jennifer L. Press, Fubo
jpress@fubo.tv

Bianca Illion, Fubo
billion@fubo.tv

Fortune
Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says
Melius Research projects Nvidia will generate $270 billion in cash over the next three years, potentially setting the stage for huge shareholder returns.
Barrons.com
Alibaba Stock Has Languished While Tencent Has Soared. One Reason Why.
Shares in Tencent, like much of the rest of Chinese tech, have been slammed since Beijing began a crackdown on technology companies in late 2020.
Barrons.com
This Stock Is Beating Nvidia—and It’s Set to Climb Even More
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
Yahoo Finance
New inflation reading offers hope for Fed rate cuts later this year
The Fed got another positive signal that inflation is easing after running hotter-than-expected in the first quarter, but the central bank still likely needs more time before cuts can begin in 2024.
Insider Monkey
The Wealthiest Person in China
We recently compiled a report on the 30 Wealthiest People in China and in this article we will look at the richest person. An Analysis of the Chinese Economy On May 29, Reuters reported that China is seeing signs of economic recovery after a long period of sluggish economic growth. Consumer spending in China has […]
Simply Wall St.
Singapore Post Full Year 2024 Earnings: EPS Beats Expectations
Singapore Post ( SGX:S08 ) Full Year 2024 Results Key Financial Results Revenue: S$1.69b (down 9.9% from FY 2023). Net...
GOBankingRates
How Another Trump Presidency Might Affect Your Tech Stock Investments
Presidents often tout the stock market’s performance when it does well on their watch -- and remain quiet when it doesn’t. President Joe Biden did so when the S&P 500 hit a record high earlier this year, and ex-President Donald Trump regularly praised the stock market’s performance when he was in the White House.
Simply Wall St.
Unveiling Three Stocks That May Be Trading Below Their Estimated Intrinsic Value
As global markets demonstrate resilience, with the S&P 500 reaching new highs and value stocks showing strength, investors may find opportunities in stocks that appear undervalued relative to their intrinsic worth. In this context, identifying stocks trading below their estimated intrinsic value could be particularly timely, offering potential for appreciation as market conditions evolve.
Simply Wall St.
Is Now The Time To Put Hotel Properties (SGX:H15) On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Reuters
Nokia taps AI boom with $2.3 billion Infinera purchase
Nokia's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog Ciena and become the second largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China. Nokia's move will allow the company to sell more equipment to big tech companies such as Amazon, Alphabet and Microsoft as they invest billions of dollars in building new data centres to service the artificial intelligence boom.
Yahoo Finance
Stock market today: AI frenzy leads stocks to rip-roaring first half of 2024
Investors are watching for a cooling in the Fed-favored PCE print to boost rate-cut hopes as they assess Biden's faltering performance in the Trump debate.
GOBankingRates
5 Ways To Fight Inflation That Actually Work — And 5 That Don’t
If you've seen yourself paying a hefty bill at the grocery store or tried to fill your tank, only to get a fraction of what you once paid for, you've likely noticed that many of these costs have...
Barrons.com
How to Move Out of Cash Before Interest Rates Drop
An ultrashort bond strategy can achieve a higher return from a touch more interest-rate exposure, price appreciation and spread income.
Reuters
US inflation cools in May, boosting hopes of Fed rate cut
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later this year. The report from the Commerce Department on Friday also showed consumer spending rose marginally last month. Underlying prices advanced at the slowest pace in six months, raising optimism that the U.S. central bank could engineer a much-desired "soft landing" for the economy in which inflation cools without triggering a recession and a sharp rise in unemployment.
Barrons.com
Stocks Are Defecting to New York. Buy This S&P 500 Shoo-In and Antidote to Nvidia.
A paper and packaging company may not seem worth a second look in an era when hot technology names such as Nvidia streak skyward and growth stocks trounce value. Smurfit WestRock is set to begin trading in New York on July 8 as a paper powerhouse worth more than $20 billion, the creation of Ireland’s Smurfit Kappa buying U.S. WestRock for $11.15 billion in a merger announced last September. Smurfit Kappa revealed Thursday that the deal has cleared all regulatory hurdles, with the company’s delisting from Dublin and London set for the first week of July, before shares in the new company are issued to both Smurfit and WestRock investors.
The Telegraph
How to shield your savings from a Labour tax raid
Savers must act now to protect their wealth from the Government – and a possible incoming Labour administration.
Moneywise
Here are 10 of Dave Ramsey's most savage one-liners
No one else on radio shoots as straight as Dave.
Reuters
Apple's iPhone shipments in China surge 40% in May amid aggressive discounting
BEIJING (Reuters) -Apple's smartphone shipments in China rose nearly 40% in May from a year earlier, extending a rebound seen in April, data from a research firm affiliated with the Chinese government showed on Friday. Shipments of foreign-branded phones in China increased by 1.425 million in May to 5.028 million units from 3.603 million a year earlier，calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed. Although the data did not explicitly mention Apple, the company is the dominant foreign phone maker in China's smartphone-dominated market.
Simply Wall St.
Palo Alto Networks, Inc.'s (NASDAQ:PANW) high institutional ownership speaks for itself as stock continues to impress, up 5.8% over last week
Key Insights Given the large stake in the stock by institutions, Palo Alto Networks' stock price might be vulnerable to...
Insider Monkey
YUM! Brands, Inc. (YUM): How Did This Pizza Stock Perform in Q1?
We recently compiled a list of the 9 Best Pizza Stocks to Buy Now. In this article, we are going to take a look at where YUM! Brands, Inc. (NYSE:YUM) stands against the other pizza stocks. The pizza market is experiencing steady growth. IMARC Group reported in their market analysis of global Pizza market types (Vegan […]

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

Fubo Brings Sports-First Live TV Streaming Experience to Comcast’s Xfinity Flex, Xumo Stream Box and Xumo TV

Latest stories

Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says

Alibaba Stock Has Languished While Tencent Has Soared. One Reason Why.

This Stock Is Beating Nvidia—and It’s Set to Climb Even More

New inflation reading offers hope for Fed rate cuts later this year

The Wealthiest Person in China

Singapore Post Full Year 2024 Earnings: EPS Beats Expectations

How Another Trump Presidency Might Affect Your Tech Stock Investments

Unveiling Three Stocks That May Be Trading Below Their Estimated Intrinsic Value

Is Now The Time To Put Hotel Properties (SGX:H15) On Your Watchlist?

Nokia taps AI boom with $2.3 billion Infinera purchase

Stock market today: AI frenzy leads stocks to rip-roaring first half of 2024

5 Ways To Fight Inflation That Actually Work — And 5 That Don’t

How to Move Out of Cash Before Interest Rates Drop

US inflation cools in May, boosting hopes of Fed rate cut

Stocks Are Defecting to New York. Buy This S&P 500 Shoo-In and Antidote to Nvidia.

How to shield your savings from a Labour tax raid

Here are 10 of Dave Ramsey's most savage one-liners

Apple's iPhone shipments in China surge 40% in May amid aggressive discounting

Palo Alto Networks, Inc.'s (NASDAQ:PANW) high institutional ownership speaks for itself as stock continues to impress, up 5.8% over last week

YUM! Brands, Inc. (YUM): How Did This Pizza Stock Perform in Q1?