NEW YORK, August 19, 2022--FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on August 16, 2022, the Compensation Committee of FuboTV’s Board of Directors granted restricted stock unit awards covering an aggregate of 40,283 shares of its common stock to five new non-executive employees to induce them to join FuboTV. The awards were granted under FuboTV’s 2022 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period f
The rally erased just a small portion of recent losses for owners of the streaming video service, which focuses on livestreaming sports broadcasts. It came as fuboTV's management team updated investors about its short-term and long-term growth outlooks. While subscriber growth trends have slowed compared to earlier phases of the pandemic, fuboTV sees lots of room to add new members and to boost its average monthly payments over time.
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