FuboTV CEO Talks 2021 Expansion plans for Live Sports streaming service.
FuboTV sits at the intersection of three red-hot trends that investors are chomping at the bit to gain exposure to. Think Roku, YouTubeTV, and DraftKings all rolled up into one company. That’s the dream scenario for FuboTV CEO and Co-Founder David Gandler, who joined Voices of Wall Street for an interview to discuss the sports-first streaming service’s massive opportunity to capitalize on cord-cutters abandoning cable TV, advertisers shifting their budgets to connected TVs, and legalized sports betting gaining traction across the U.S. Gandler also tells Host Dion Rabouin that exclusive rights to live sporting events is something that FuboTV should be exploring, and that nothing is off the table.
FuboTV is the leading sports-first, live TV streaming platform, offering subscribers access to tens of thousands of live sporting events annually as well as leading news and entertainment content.fuboTV’s platform allows customers to access content through streaming devices, and on SmartTVs, mobile phones, tablets and computers. fuboTV Pre-Merger launched in 2015 and today is a leading independent virtual multichannel video programming distributor, or vMVPD, in the United States.fuboTV Pre-Merger closed 2019 with approximately 316,000 paid Subscribers. Over the course of 2019, fuboTV Pre-Merger’s paid Subscribers and free trial Users streamed a total of 299 million hours of content on our platform, a 210% increase over 2018.Furthermore, fuboTV Pre-Merger’s MAUs are highly engaged and have watched on average 140 hours of content per month during the three months ended June 30, 2020. (From: StockAnalysis.com)