Fubo Announces 2023 Season Partnership With Boston Red Sox
NEW YORK–(BUSINESS WIRE)–FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today that it is now a proud partner of the Boston Red Sox through a partnership for the 2023 season. The deal marks Fubo’s first partnership with a Major League Baseball team.
The multi-faceted partnership includes the launch of Fubo branding and hospitality opportunities at Fenway Park as well as fan engagement both at the ballpark and across multiple digital platforms.
The partnership with the Red Sox is a natural extension for Fubo, which already holds a strong presence in the Boston market through its significant local sports coverage of the Red Sox, Patriots, Celtics and Bruins. Fubo, the streaming leader in baseball coverage, carries Red Sox games through NESN, local broadcast networks, national sports networks ESPN and FS1, as well as MLB Network, MLB Strike Zone and, most recently, MLB.TV. Fubo has complete coverage of regional sports networks (RSNs) in the Boston area, where it carries NBC Sports Boston as well as NESN.
In addition to coverage of baseball and other sports, Fubo also streams popular live entertainment and news programming and features more than 40,000 TV shows and movies on-demand each month.
“Fubo customers are very passionate about sports, and Boston sports fans are obviously very passionate about the Red Sox, making this partnership even more special,” said Yale Wang, SVP, marketing, Fubo. “Fubo is proud to be a partner of the Boston Red Sox this season. We’re looking forward to serving Red Sox fans with our sports-first premium platform, which was ranked #1 in Customer Satisfaction among Live TV Streaming Providers by J.D. Power.”
“The Boston Red Sox are proud to team up with Fubo as their first MLB Club relationship, and their industry leading status in sports streaming make them a natural choice as a partner of the club,” said Troup Parkinson, EVP, partnerships, Boston Red Sox. “We look forward to helping them provide Red Sox fans with additional benefits at Fenway Park and supporting their extensive gameday coverage through trusted partners like NESN.”
For more information on the Fubo/Boston Red Sox partnership, please visit https://www.fubo.tv/stream/boston-red-sox/.
With a mission to build the world’s leading global live TV streaming platform with the greatest breadth of premium content and interactivity, FuboTV Inc. (NYSE: FUBO) aims to transcend the industry’s current TV model. The company operates Fubo in the U.S., Canada and Spain and Molotov in France.
In the U.S., Fubo is a sports-first cable TV replacement product that aggregates more than 175 live sports, news and entertainment networks and is the only live TV streaming platform with every Nielsen-rated sports channel (source: Nielsen Total Viewers, 2022). Leveraging Fubo’s proprietary data and technology platform optimized for live TV and sports viewership, subscribers can engage with the content they are watching through interactive product features like FanView, an in-video experience showcasing live game, team and player stats and scores in real time. Fubo was also the first virtual MVPD to enable simultaneous viewing of up to four live channels (Multiview on Apple TV) as well the first to stream in 4K HDR.
Ranked #1 in Customer Satisfaction among Live TV Streaming Providers by J.D. Power (2022), Fubo has been called “a force in sports streaming” by Forbes, “the best streaming service for sports aficionados” by Tom’s Guide and was heralded by CNET for its “ease of use.” Learn more at https://fubo.tv
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements of FuboTV Inc. (“Fubo”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our business strategy and plans, channel programming, partnerships and our market opportunity. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” “believe” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Fubo makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to Fubo’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; risks related to diverting management’s attention from Fubo’s ongoing business operations to address integration and fundraising efforts; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to the prior operation and dissolution of our wagering business; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-K for the year ended December 31, 2022 filed with the Securities and Exchange Commission (“SEC”) on February 27, 2023, and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent Fubo’s views as of the date of this press release. Fubo anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing Fubo’s views as of any date subsequent to the date of this press release.
Alison Sternberg, Fubo
JCIR for Fubo
Jennifer L. Press, Fubo
Bianca Illion, Fubo