Basic Introduction

fuboTV has been at the forefront of MVPD technology by relying on the solution not only for current monitoring but also for future-proofing workflows . It was the first virtual multichannel video programming distributor (vMVPD) to offer UHD and high dynamic range content , and was also the first to offer live streaming services, launching live streaming services with dynamic ad insertion, cloud DVR , 60FPS image quality, and in-app billing.

Audience

FuboTV 's users are all avid sports fans. The subscription fees from hardcore sports fans provide FuboTV with enough stable funds to buy out the exclusive broadcasting rights for many sporting events without having to share the cost by cooperating with other TV channels or online platforms.

Package Fee

FuboTV's base package, Fubo Premier , which has more than 70 channels , costs $ 19.99 for the first month and $ 44.99 per month after that . Customers can customize their package with additional options, such as the " Sports Plus ," " Adventure Plus ," or " International Sports Plus " upgrades; a DVR with 500 hours of storage instead of 30 hours ; or the option to add a third video stream.

Financing

In 2014 , FuboTV has received $ 75 million in financing.

In March 2015 , it received US$ 725,000 in angel round financing from BAM Ventures , David Hou , Neeraj Bhargava and Luminari Capital .

In August 2015 , it received US$ 3.25 million in Series A financing from DCM Overseas, LionTree Partners , Luminari Capital , and I2BF Global Ventures .

In March 2016 , it received $ 15 million in Series B funding from 21st Century Fox and Sky .

In 2017 , sports video vertical platform FuboTV received US$ 55 million in Series C financing, led by Northzone , with participation from 21st Century Fox, British Sky Broadcasting and Scripps Networks Interactive .

In April 2018 , fuboTV raised $ 75 million from AMC and others in a round that included new investor AMC Networks , as well as existing investors 21st Century Fox , Luminari Capital , Northzone , Sky and the former Scripps Networks Interactive .

References