NEW YORK, August 08, 2022--Maximum Effort Productions, a production company co-founded by Ryan Reynolds and George Dewey in 2018, and FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today a first-look deal for unscripted content. The multi-year partnership reflects the common creative vision of the two companies.
Shares of live-sports streaming platform fuboTV (NYSE: FUBO) soared on Friday after it reported financial results for the second quarter of 2022 and said it was considering strategic options. In Q2, fuboTV generated revenue of $222 million, up 70% year over year. Subscription average revenue per user (ARPU) was only up a modest 2% from the prior-year period.
fuboTV Co-Founder and CEO David Gandler sits down with Yahoo Finance Live to break down the streaming platform's second-quarter earnings, its growth plan for gaming and sports betting, and the outlook on future partnerships.