Fubo Sports Network Launches on Smart TVs
fuboTV’s Free 24/7 Linear Sports Channel Now Available on Samsung TV Plus, LG Channels Powered by XUMO
NEW YORK(25 Jul 2019)
fuboTV announced today the expanded distribution of its fubo Sports Network, the live, free-to-consumer TV network for passionate sports fans, to smart TV platforms Samsung TV Plus and LG Channels powered by XUMO.
Launching today on Samsung TV Plus and tomorrow on LG Channels powered by XUMO, including Channels Plus-enabled models, sports fans can catch event coverage, news, behind-the-scenes and exclusive programming through fubo Sports Network. The network soft launched in June with distribution on XUMO and in fuboTV’s Standard base package. Additional distribution partners will be announced.
The launch of fubo Sports Network marks the first time live TV streaming service fuboTV has developed a channel for distribution off of its platform. Talent-driven original sports programming - the first time fuboTV has produced content - will launch on fubo Sports Network in the coming weeks.
“It’s still early days for fubo Sports Network and I’m pleased partners like Samsung and XUMO are embracing the power of the network to reach sports fans,” said David Gandler, co-founder and CEO, fuboTV. “Our goals for fubo Sports Network are ambitious yet simple: We plan to deliver sports programming 24/7 that’s a bit edgy, always fun and with a clear point of view, and make it free to sports fans on multiple platforms and on every device.”
“We’re thrilled to expand the reach of fubo Sports Network to LG Channels powered by XUMO and Samsung TV Plus so quickly after our soft launch just a few weeks ago,” said Min Kim, vice president, business development, fuboTV. “24/7 live networks are a natural fit on smart TVs and, with our viewers wanting sports content nonstop, we're excited to bring the fubo Sports Network free to consumers on two of the largest smart TV platforms."
fubo Sports Network’s launch comes as subscribers watched over three billion minutes of programming on fuboTV during Q2, a nearly 200% spike over 2018. Engagement across connected TVs (CTVs) in particular saw explosive annual growth as subscribers migrated to bigger screens and increasingly depend on fuboTV as a cable replacement product. Nearly 90% of hours watched were on CTVs in June 2019 vs. 67% in June 2018. Broken down further, hours spent on CTVs by subscriber increased 195% in June over prior year. More impressively, fuboTV users that subscribe to all major channels (fubo Standard + fubo Extra packages) watched 155 hours on these devices in June.
About fubo Sports Network
fubo Sports Network is a live, free-to-consumer TV network for passionate sports fans offering event coverage, news, behind-the-scenes and exclusive programming. Available nationwide on fuboTV and other partners, on every screen.
fuboTV is the world’s only sports-focused live TV streaming service with top leagues and teams, plus popular shows, movies and news for the entire household. Its base package, fubo Standard, is available for $54.99 per month and features more than 95 channels, including a growing line-up of national channels, local broadcast stations and regional sports networks (RSNs); personal Cloud DVR storage; and two simultaneous streams – with no contract or set top box required. Get fubo.tv on the web, on popular mobile phones and tablets, and on connected and smart TVs.
Headquartered in New York City, fuboTV has quickly evolved into the top independent virtual MVPD in the U.S. and a sports-first cable replacement for the entire family, after initially launching as a streaming soccer service in January 2015. With the launch of fuboTV España in 2018, it became the first U.S. virtual MVPD to enter Europe. fuboTV has raised more than $150 million in funding to date, including a $75 million Series D round that closed in April 2018 and included 21st Century Fox, AMC Networks, Luminari Capital, Northzone, Sky, the former Scripps Networks Interactive (recently acquired by Discovery, Inc.) and Waverley Capital. Investors also include DCM Ventures, i2bf, LionTree Partners, Univision Communications Inc., Edgar Bronfman, Jr. (former Chairman and CEO of Warner Music Group), Chris Silbermann (founding partner, ICM Partners) and former NBA Commissioner David Stern.