Fubo.tv Soccer Streaming Service Ups Subscribers6 Jul, 2016 By: Erik Gruenwedel
In a summer filled with the UEFA European Championship and Copa América soccer tournaments, upstart streaming service Fubo.tv has seen subscriptions increase 400% year-over-year to more than 71,000.
Launched in January 2015 with venture funding from 21st Century Fox and British satellite TV service Sky, among others, the $9.99 monthly service offers 24-hour access to matches from Major League Soccer, the North American Soccer League, Mexico’s Liga MX, Brazil’s Brasileirão and Mexico’s Campeon de Campeones, among others.
In addition to U.S. rights to live soccer matches from more than half of the international soccer leagues and tournaments, club videos, series, documentaries and related entertainment programming in English, Spanish and Portuguese are available.
The SVOD service’s appeal underscores a future for live sports streamed over broadband. Heretofore, live sports has been a benchmark for traditional pay-TV — a stranglehold that should remain for years due to multi-billion-dollar license rights held by major media companies such as ESPN, Comcast, Turner, Fox, ABC and CBS.
While ESPN is broadcasting Euro 2016, and Fox televises the Premiere League in England, in addition to Mexican soccer, over-the-top video access to the sport remains in its infancy.
“FuboTV’s strong Q2 results clearly demonstrate the company’s ability to excel within an increasingly complex linear OTT landscape,” co-founder and CEO David Gandler said in a statement. “We expect to continue … by expanding network partnerships and achieving content parity with other virtual MVPD services. This represents a sizable and attractive growth opportunity for fuboTV, particularly towards the end of 2016.”
The service is available on Amazon Fire TV and Fire TV Stick; Android phones and tablets; Apple TV; Google Chromecast; iPad; iPhone; Kindle Fire; Roku and T-Mobile’s Binge On.