FuboTV Joins Vizio SmartCast Platform

Vizio Sept. 9 announced that online live sports TV streaming platform FuboTV is now available on its ad-supported SmartCast platform. With a subscription to FuboTV, SmartCast users have access to more than 100 streaming channels.

“About 94% of FuboTV subscribers watch sports, news and entertainment on the big screen,” Len Landi, SVP of business development for FuboTV said in a statement. “It’s a perfect marriage as we gear up for the fall sports season.”

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The FuboTV app on SmartCast TVs offers up to six users within a subscription to have their own set of recordings (which never expire), personalized recommendations, and a program guide that is unique to their content preferences.

Users also have a customized program guide, in addition to the ability to record entire seasons of a show, and record all content related to a favorite team, among other options.

“Sports continue to be one of the most popular categories of programming on television, so FuboTV’s offering with an impressive array of live sports programming as well as hundreds of other entertainment options is a welcome addition to the SmartCast lineup,” said Katherine Pond, VP of business development at Irvine, Calif.-based Vizio.

In addition to the FuboTV streaming app, Vizio offers access to apps, including Apple TV+, BET+, Disney+, HBO Max, Hulu, Netflix, Paramount+, Peacock, Prime Video and YouTube TV. It also includes built-in support for Apple AirPlay 2 & Chromecast, allowing viewers to stream, control, and share content from their phone, tablet or laptop directly to the big screen.

FuboTV, New York Jets Form First Sportsbook Pact

The New York Jets Sept. 8 announced a multiyear partnership with Fubo Sportsbook, the online gambling platform owned by online TV platform FuboTV expected to launch in the fourth quarter (subject to all applicable regulatory approvals), to become an official sports betting partner of the NFL franchise.

This agreement marks Fubo Sportsbook’s first sponsorship of a professional sports team. The partnership centers on the creation of the Fubo Sportsbook Lounge at MetLife Stadium for Jets home games, set to debut during the 2021-22 NFL season, and will be the first authorized, mobile sports betting lounge in the stadium. In addition, Fubo Sportsbook will become the presenting partner of the Jets Mobile App and is the team’s first legal sports betting partner to leverage the Jets’ new advertising data partnership with Sportradar.

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Last December, FuboTV acquired Balto Sports, which owns contest automation software. The company said the acquisition marked the first step of its online wagering strategy, which will start with free to play games and then expand into wagering integrated with its live streaming video.

“This partnership with Fubo Sportsbook is another major step for the New York Jets in our journey to prioritize engagement with our fan base, including the enhancement of their overall stadium experience on game day,” Jeff Fernandez, Jets VP of business development and ventures, said in a statement.

At approximately 7,000 square feet, the Fubo Sportsbook Lounge will offer Jets fans 21 and older the opportunity to enjoy the look and feel of a casino-style sportsbook with betting odds integration, as well as incentives and special bonus offers provided by Fubo Sportsbook. Additionally, fans will be able to watch every game from around the NFL in the Lounge and conduct live mobile wagering via the Fubo Sportsbook app all while viewing the Jets action on the field from the Lounge’s outdoor patio.

“The Fubo Sportsbook is designed to meet the increased demand for interactivity by integrating real-time sports streaming with personalized wagering experiences,” said Scott Butera, president of Fubo Gaming. “The platform will also have the ability to leverage first-party data to understand viewing preferences and provide relevant bet recommendations.”

Jets Mobile App users will receive access to special Fubo Sportsbook offers as well as game day incentives tied to the Lounge. Fubo Sportsbook customers will also be rewarded with access to unique hospitality including VIP pregame sideline experiences.

FuboTV Launching Predictive, Free-to-Play Games, User Stats

Online live sports streaming platform FuboTV Aug. 30 announced it is taking its integrated predictive, free-to-play games and “FanView” live stats feature out of beta testing just in time for the South American Qatar World Cup 2022 Qualifying (CONMEBOL) matches, beginning Sept. 2.

FuboTV subscribers can stream matches to monitor stats and scores next to and under a reduced-size video player and play games all on one screen, using their remote control and without having to open another app. Both free games and FanView can be toggled on or off, letting consumers choose their live experience.

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FuboTV, which is working to incorporate a sports betting platform in the near future, had been testing the features since June.

Predictive, free-to-play games will be available on Android mobile, iOS mobile, Android TV, Fire TV, Roku and the web; FanView will be available on Android TV, Fire TV, LG TV, Roku, Samsung Smart TV, Xbox One’s family of devices and the web. FuboTV expects to roll out both features on additional devices.

“We believe this will mark the first time any company has integrated live streaming television, free games and live stats within the same platform, on the big screen,” CEO David Gandler said in a statement. “With free games and our upcoming Fubo Sportsbook real-money wagering app, we intend to deliver a truly interactive streaming experience, one that we expect will improve engagement and retention to FuboTV while also driving advertising revenue.”

FuboTV Joining NFL Legend Jerome Bettis to Fight Breast Cancer

FuboTV Aug. 27 announced a philanthropic partnership with the Breast Cancer Research Foundation. The online live sports television platform is working with NFL Hall of Famer Jerome “The Bus” Bettis to raise awareness of the critical need for breast cancer research.

Throughout September, the company will air promotional spots featuring Bettis to announce the partnership, as well as PSAs that encourage viewers to donate directly to BCRF. Both the promo spots and the PSA were produced by fuboTV’s Fubo Sports Network.

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“Thanks to research, I still have my biggest fan — my mom,” Bettis said in a statement. “I’m proud to support the lifesaving research funded by the Breast Cancer Research Foundation and thrilled that FuboTV is joining the BCRF family.”

Additionally, FuboTV will donate $1 from every subscription of its Sports Plus add-on channel package in September to BCRF. Sports Plus offers NCAA games, NFL RedZone from NFL Network, and more premium channels covering a variety of sports.

“Breast cancer is a disease that has unfortunately touched all of us,” Yale Wangsaid, SVP of marketing at FuboTV, said in a statement. “Progress depends on investing in the world’s best scientists to attack the disease from all angles. That’s why we’re supporting BCRF in their mission to end breast cancer by advancing the world’s most promising research.”

Breast cancer is now the most common cancer worldwide, surpassing lung cancer for the first time in 2020. About one in eight women in the U.S. will develop invasive breast cancer during their lifetime. With 275 researchers across five continents, BCRF has been deeply involved in every major breakthrough in breast cancer prevention, diagnosis, treatment, and survivorship.

“Even as breast cancer cases around the world are on the rise, research funding is on the decline,” said BCRF CEO Myra Biblowit. “By partnering with us, FuboTV is supporting groundbreaking, lifesaving science — ensuring that research funded today is there for our loved ones tomorrow. Together, we will bring the end of breast cancer into focus.”

FuboTV Adds Curiosity Stream Platform, Original Content

Live online sports streaming service fuboTV Aug. 23 announced it has added Curiosity Stream and Curiosity Channel to is content line-up. The linear channel featuring educational programming will launch today for FuboTV viewers in the U.S., and the Curiosity Stream VOD service will roll out for viewers in both the U.S. and Canada in the coming weeks.

Curiosity’s linear channel will be available to U.S. subscribers of FuboTV’s Extra package, which includes more than 40 channels featuring sports, entertainment, news and family entertainment programming.

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“Curiosity is well-positioned to amplify FuboTV’s value proposition to cord-cutters and consumers who want to know more about the world around them,” Brandon Fong, SVP of partnerships and distribution for Curiosity Stream, said in a statement.

“The addition of Curiosity’s programming, which is renowned for its incredible quality and superior production, will appeal to FuboTV subscribers of all ages,” added Ben Grad, SVP of content strategy and acquisition for FuboTV.

Curiosity original shows and series include:

“Beyond the Spotlight,” a biography series profiling people at the height of fame, including Shaquille O’Neal, Kristen Bell and others. High school football docuseries “4th and Forever,” which explores powerhouse programs and historic rivalries across the country. “Doug to the Rescue,” about a drone pilot’s mission from the front lines of the Australian bush fires to coastal towns leveled by hurricanes to save animals stranded in the aftermath of a natural disaster.

“The History of Home narrated by Nick Offerman,” journeys the globe discovering the histories and mysteries behind some of the most spectacular homes of all time, including Highclere Castle — home to the series “Downton Abbey” — to Jefferson’s Monticello.

Other films and series include “Jeremy Jones Higher,” “America’s National Parks,” “Viking Women” and “Live The Stream: The Life of Joe Humphries.”

FuboTV Acquires Italian Soccer Streaming Rights for Canada

Online TV sports streaming service FuboTV Aug. 19 announced it has acquired the exclusive streaming rights for Coppa Italia and Serie A professional soccer distributed in Canada.

ViacomCBS’s streaming platform Paramount+ holds the U.S. streaming rights to Serie A and Coppa Italia.

Fubo’s Coppa Italia agreement includes a minimum of 41 live matches per season from the annual Italian cup competition, plus the Supercoppa Italiana. All matches will stream exclusively in Canada on FuboTV. FuboTV’s coverage is in partnership with sports marketing agency S&T Sports Group.

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The online TV platform will also be the exclusive English language Canadian home of Italy’s Serie A soccer league. The agreement was brokered by Infront, the international media rights partner of Lega Serie A in Canada. Serie A consists of 380 matches annually with FuboTV’s coverage beginning Aug. 21.

“With Canadians cutting the cord at an increasing pace comparable to the U.S. market, according to a report by Boon Dog Professional Services, we see a tremendous growth opportunity,” David Gandler,  co-founder and CEO of New York-based FuboTV, said in a statement.

The agreements mark the latest moves by FuboTV to differentiate its sports-first programming with exclusive soccer rights. Earlier this year, FuboTV acquired the exclusive streaming rights to the Qatar World Cup 2022 Qualifying matches of the South American Football Confederation (CONMEBOL) in the United States. The platform also has exclusive Canadian streaming rights for the Liga MX home matches of Club Deportivo Guadalajara S.A. de C.V. (Chivas), in addition to streaming international soccer leagues like French Ligue 1 locally through its content partners.

FuboTV Capturing Stake in Live Sports/Betting Streaming Market

The subscription streaming video market is embracing live sports and gambling, and upstart online TV service fuboTV is leading the way.

The New York-based platform reported 138% year-over-year growth in total paid subscribers to 681,721, including 91,291 net sub additions in the second quarter, ended June 30. The company expects upwards of 910,000 subs by the end of the year.

Total revenue increased 196% to $130.9 million from the previous-year period, and advertising revenue shot up 281% to $16.5 million. Engagement also reached all-time highs with fuboTV subs streaming 245 million hours of content during the quarter, a 148% increase year-over-year.

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The platform has begun beta testing predictive, free-to-play gaming ahead of an expected launch this fall. The Fubo Sportsbook with real-money wagering remains on track for a fourth-quarter launch as the company plans to further combine interactivity with streaming video.

Michael Pachter, media analyst with Wedbush Securities in Los Angeles, said he expects fuboTV to double its sub base within the next two years, topping 1.2 million.

“FuboTV’s ability to offer comprehensive entertainment and sports viewing is a real differentiator, and its focus on the sports viewer/bettor should serve to accelerate subscriber growth,” Pachter wrote in an Aug. 11 note.

The analyst contends fuboTV to satisfy regulatory gaming requirements in up to three states by year end, and add another three states in 2022 as state government and sports gambling further meld.

“As fuboTV becomes more expert in dealing with the regulators, we expect [the platform] to ultimately offer real money wagering in 40 states,” Pachter wrote.

“If the company is ultimately successful in attracting free users to its app and converting some of these to real money wagering, it could generate as much as $2,000 in annual handle per paying user.”

The “handle” is the total amount of money that is wagered on a sporting event.

“It is too early to determine whether fuboTV can attract one million free app users…but if so, it could generate $20 million of annual high margin revenue for each one million free users,” Pachter wrote.

FuboTV Set to Join Russell 3000 Index

FuboTV, the sports-themed online live TV streaming platform, June 22 announced it is set to join the broad-market Russell 3000 Index on June 28, according to a preliminary list of index additions posted June 4.

Annual Russell indexes capture the 4,000 largest U.S. stocks, ranking them by total market capitalization. Membership in the U.S. Russell 3000 Index, which remains in place for one year, means automatic inclusion in the Russell 1000 Index or Russell 2000 Index as well as the appropriate growth and value style indexes. Russell determines membership for its indexes primarily by objective, market-capitalization rankings and style attributes.

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Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell’s U.S. indexes.

“We are pleased with the interest fuboTV has received from the investor community in such a short period following our listing on the New York Stock Exchange last October,” co-founder/CEO David Gandler said in a statement. “The addition of fuboTV to the [index] is an important milestone for the company as we stay laser-focused on defining a new category of interactive television while delivering significant shareholder value.”

In addition to online TV service, FuboTV is aggressively entering the online sports betting business — a market both Disney’s ESPN and Fox Sports are gravitating towards.

FuboTV Now Streaming on LG Smart TVs

Sports-themed online subscription television service fuboTV is now available on LG Smart TVs. Beginning June 7, subscribers can stream live sports, news and entertainment through the fuboTV app on LG TV’s 2018-21 models, including the LG OLED TVs.

The app on LG Smart TVs affords up to six users within a subscription to personalize their fuboTV channels. Each individual user can store their own recorded content, personalized recommendations, and a user guide unique to their content preferences.

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Users on the LG Smart TV app will be able to mark their favorite channels and move their top selections to the front of the guide.

The app also offers a “set it and forget it” feature that enables users the ability to record an entire series with one click.

The “Watch Next” feature lets users binge a series. Once an episode ends, they will automatically have the next episode suggested to them.

LG Smart TV owners can begin a free trial of fuboTV by scanning the QR code placed within the app.

In addition to LG Smart TVs, fuboTV is currently available on the Web, Android and iOS mobile and tablet apps, Chromecast, XBox One’s family of devices, and connected and smart TVs such as Amazon Fire TV, Android TV, Apple TV, Apple’s TV app, Hisense, Roku and Samsung Smart TVs.

Is Shine Off Online Pay-Television?

Lost in the hoopla of Disney+ surpassing 103 million subscribers in the second quarter (ended April 3) was the reality that the online TV market leader, Hulu + Live TV, lost 200,000 subscribers during the same quarter. The 5% decline from 4 million subs likely attributed in part to a $10 price hike Disney imposed upon the platform last December.

But Hulu isn’t alone. Sling TV, which Dish Network launched in 2015, lost 100,000 subs in the quarter to 2.37 million. AT&T TV, formerly DirecTV Now and AT&T TV Now, reportedly declined to around 650,000 subscribers in early 2020 — about two-thirds fewer subs when the service launched in 2018.

And Google-owned YouTube TV saw its 3 million-sub base unchanged over the past four months, while T-Mobile this year threw in the towel on its upstart TVision platform with about 100,000 subs. Sony’s PlayStation Vue service shuttered in January 2020 after almost five years of sluggish sub growth.

That’s a trend in the wrong direction considering TDG Research in December 2020 predicted strong growth for the 6-year-old market.

“The number of virtual pay-TV households will increase five-fold by the end of the next decade, topping 24 million by 2030,” senior analyst Joel Espelien wrote in a December 2020 note. “Importantly, this growth will come almost exclusively at the cost of legacy subscriptions.”

Indeed, fuboTV and Philo have added subscribers, the former tacking on 42,550 subs to top 590,000 subs in the quarter. Philo says that as of August 2020, it had 750,000 subs.

Overall, the top publicly reporting Internet-delivered pay-TV services combined for about 6.7 million subs — less than 10% of the top pay-TV providers with about 78.7 million combined subs.

“A whole generation of customers likely viewed [online TV] quizzically, as a solution to a problem they didn’t have,” MoffettNathanson wrote in a note last year. “The real issue was the grid. Not the user interface grid, by the way, but instead the very idea of a [program] schedule. Why would anyone want to view entertainment content on a schedule, much less someone else’s schedule?”