Latest in fuboTV

FuboTV exceeded Wall Street estimates for the fourth quarter, with revenue more than doubling from the year-ago period to $231.1 million and net losses coming in at 57 cents a share. The losses widened from 39 cents in the 2020 quarter. The streaming pay-TV outlet reached 1.1 million subscribers in the period ending…

FuboTV named longtime financial analyst John Janedis its new CFO, as Wall Street talent continues to decamp for industry roles. Last week, Walt Disney tapped Alexia Quadrani, a veteran Wall Street media analyst most recently with J.P. Morgan, to lead its investor relations efforts. Janedis will be based at FuboTV's…

Streaming pay-TV provider FuboTV reported second-quarter results far better than Wall Street analysts expected, showing a gain of 91,000 subscribers compared with the year-ago quarter. Given the widespread lockdowns and closing of movie theaters and other out-of-home options in the 2020 quarter, when Covid-19 lifted…

A sports betting partnership between Dish Network and DraftKings has hammered the stock of upstart streaming bundle provider FuboTV. Shares in Fubo, which have been on a wild ride in recent months but have risen more than 300% over the past year, were down 19% as the trading day reached the home stretch. The company…

UPDATED with closing price. FuboTV shares are riding high again after the emerging company announced it is acquiring sports betting startup Vigtory, planning to use it to launch a full-fledged sportsbook later this year. Terms were not disclosed for the deal, which is expected to close in the first quarter. It…

UPDATED with closing price, analyst comments. Shares in FuboTV have rebounded strongly after the streaming pay-TV bundle operator released preliminary fourth-quarter results showing more subscriber growth and better-than-expected revenue. The stock closed at $27.32, up 13% for the day, after reaching an intraday high…

UPDATED with today’s stock movement. FuboTV shares slid another 16% today on heavy trading volume as pessimistic investor sentiment on the streaming startup held sway on the final day of 2020. At $28.01, the stock is back where it traded two weeks ago, before a massive boom lifted it above $62, on volume nearly nine…

Shares in FuboTV, which boomed at the start of the week, have dropped more than 16% today, their second straight day of sharp declines at the end of a roller-coaster week. At $44.10 midway through the trading day, the stock is near the level where it began trading on Monday. It dropped 15% on Wednesday after reaching…

Nexstar Media Group said its widely distributed cable network WGN America has reached its first carriage agreement with internet-delivered bundle FuboTV. The multi-year deal comes as Nexstar, the No. 1 owner of local TV stations in the U.S., remains in a carriage dispute with Dish Network that boiled over last week…

Mike Berkley, a seasoned tech exec and entrepreneur who has held executive posts at Spotify, Comcast and Viacom, is joining streaming service FuboTV as chief product officer. He will report to co-founder and CEO David Gandler. Fubo, a bundled pay-TV offering launched in 2015, raised $183 million in an initial public…

UPDATED with closing price. Shares in FuboTV, which recently went public, gained more than 2% to end Wednesday at a record closing price of $16.03 after the company reported better-than-expected subscriber numbers. The stock jumped more than 20% in early trading Wednesday and at one point surpassed $20 a share before…

Streaming bundle purveyor FuboTV says its forthcoming IPO on the New York Stock Exchange will see 15 million shares of common stock priced between $9 and $11 apiece. Founded by CEO David Gandler in 2015, Fubo heads into the fourth quarter expecting to be at 370,000 to 380,000 subscribers by the end of the year, up…