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FuboTV Quarterly Loss Widens Despite Higher Revenue as North American Subs Hit 1.23M

FuboTV has widened its third-quarter loss despite higher revenue as the sports-focused TV streaming platform added to its North American subscriber base. FuboTV recorded a net loss of $152.7 million during the third quarter, compared to a year-earlier loss of $105.9 million in the same period of 2021, as its North American subscriber count rose […]

FuboTV to Shutter Online Sports Betting Division

A challenging financial market has led FuboTV to exit its online sports wagering business, Fubo Gaming, and close down its Fubo Sportsbook venture, the streaming company disclosed on Monday. “Following our previously announced strategic review, we have concluded that continuing with Fubo Gaming and Fubo Sportsbook in this challenging macroeconomic environment would impact our ability […]

Ryan Reynolds’ Maximum Effort Productions Strikes First-Look Unscripted Deal With FuboTV

Ryan Reynolds’ Maximum Effort Productions has signed a multiyear first-look deal for unscripted content with the live sports streamer FuboTV, the companies said Monday. Maximum Effort, which maintains its first-look deal with Paramount Pictures, will also launch a linear channel on FuboTV called the Maximum Effort Network, over which the production company will maintain creative […]

FuboTV Exec Chairman Edgar Bronfman Jr.’s Pay Dips to $19.3M in 2021

FuboTV executive chairman Edgar Bronfman Jr. made $19.3 million in overall pay in 2021, compared to $21.7 million in 2020, according to the company’s proxy statement filed with the Securities and Exchange Commission on Friday. Bronfman Jr., as both a direct investor as well as an investor in fuboTV through Waverley Capital, a venture capital […]