Financial News
Fubo Announces Marketing Partnership With the St. Louis Cardinals for 2023 Season
FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today that it is now a proud partner of the St. Louis Cardinals. This marks Fubo’s third marketing partnership with a Major League Baseball team following recent agreements with the Boston Red Sox and Cleveland Guardians.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230606005302/en/
The partnership includes Fubo branding displayed at select Cardinals home games as well as fan engagement opportunities. Cardinals fans also have the option to access Fubo via an extended free trial. Season ticket holders will receive an invite from the club inviting them to join Fubo through a free 30 day trial. Non-season ticket members will be eligible for a free 14 day trial at https://www.fubo.tv/stream/st-louis-cardinals/ticket-holders/.
Fubo is the streaming leader in baseball coverage and, in St. Louis, streams Cardinals games through its carriage agreements with local and national networks (ESPN, FOX, FS1), regional sports networks (RSNs), MLB Network, MLB Strike Zone and MLB.TV.
In addition to its leading sports coverage, Fubo also streams popular live entertainment and news programming and features more than 40,000 TV shows and movies on-demand each month.
“Fubo is thrilled to be a proud partner of the St. Louis Cardinals,” said Yale Wang, senior vice president, marketing, Fubo. “To engage with such an historic, storied franchise that boasts some of the most loyal fans in baseball is always exciting. We’re looking forward to offering fans an extended free trial to watch their Cardinals live on Fubo.”
���We are pleased to partner with Fubo this season, and their sports-first approach makes this partnership a natural fit for Cardinals' fans,” said Dan Farrell, senior vice president, sales and marketing, St. Louis Cardinals.
Major League Baseball trademarks and copyrights are used with permission of MLB Advanced Media, L.P. All rights reserved.
About Fubo
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 expectations regarding business strategy and plans, channel programming and coverage and partnerships. 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 the following: our ability to achieve or maintain profitability; risks related to our access to capital and fundraising prospects to fund our financial operations and support our planned business growth; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to effectively manage our growth; our ability to attract and retain subscribers; obligations imposed on us through our agreements with certain distribution partners; we may not be able to license streaming content or other rights on acceptable terms; 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 reporting obligations; risks related to the difficulty in measuring key metrics related to our business; risks related to preparing and forecasting our financial results; risks related to the highly competitive nature of our industry; risks related to our technology, as well as cybersecurity and data privacy-related risks; 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. 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-Q for the quarterly period ended March 31, 2023 filed with the Securities and Exchange Commission (“SEC”), and our other 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230606005302/en/
Contacts
Investors
Alison Sternberg, Fubo
asternberg@fubo.tv
JCIR for Fubo
ir@fubo.tv
Media
Jennifer L. Press, Fubo
jpress@fubo.tv
Bianca Illion, Fubo
billion@fubo.tv
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