FuboTV is the latest skinny bundle that’s about to get a lot fatter.
The soccer-focused streaming TV company announced Wednesday that it will be adding multiple sports and general interest channels as part of a new product set to launch in January. FuboTV has signed affiliate agreements with several networks, including NBCUniversal, Fox and NBA TV, and will incorporate channels such as Fox Sports 1, E! and NBA TV into a streaming live TV bundle with more than 70 channels that will carry an introductory price of $34.99 a month.
FuboTV launched in January 2015 as a streaming service primarily for soccer fans, and currently carries live TV from networks like BeIN Sport, Univision, GOL TV and Argentina’s TyC Sports. Its current, $9.99 monthly product allows customers to watch matches from multiple international leagues, including Spain’s La Liga, Italy’s Serie A and Mexico’s LigaMX.
David Gandler, FuboTV’s co-founder and CEO, told TheWrap that despite its broader scope, the new product isn’t designed as a wholesale cable replacement — or even a direct competitor to other general interest streaming services, such as AT&T’s DirecTV Now, which is also charging $35 a month as a promotional rate for its 100-plus channel package.
“We view our service as incremental to the cable universe,” Gandler said. “We’re not going to have the 500 channels. We are trying to build a package that we feel makes sense for a specific audience. We’re not going to get caught up in an arms race with everyone else.”
FuboTV hopes to launch a beta version of the new product around the first week of January, Gandler said. Customers can watch on fubo.tv on Android and iOS devices, and Amazon’s Fire TV and Fire TV Stick, Apple TV, Chromecast, Kindle Fire, Roku, and through T-Mobile’s Binge On.
The beta will include features like cross-platform DVR, video on demand, in-browser streaming and digital TV guide navigation, with more add-ons to come.
Gandler said FuboTV has been able to differentiate itself in the sea of streaming services by offering the greatest number of sports networks in its entry-level pack — which will continue with its new product.
The new service will include Fox, NBC and Telemundo owned broadcast stations, regional sports networks from Fox Sports and NBC Sports, as well as national sports networks including BTN, FS1, FS2, Fox College Sports, Fox Deportes, The Golf Channel, NBA TV, NBCSN, NBC Universo and Universal HD. The basic tier will also carry Fox Soccer Plus — which is usually offered only on premium tiers or as a standalone channel from other providers.
Gandler said the selection of new sports channels offered was designed to appeal to what FuboTV’s overwhelmingly young, male and soccer-mad audience is likely to watch when they’re not focused on the pitch.
“We think there are correlations between specific sports and soccer,” he said.
In addition, FuboTV’s new product will also offer non-sports general interest channels, such as A&E Network, FYI, HISTORY, Lifetime, LMN, Viceland, Hallmark Channel, Hallmark Movies & Mysteries, Fox News Channel, Fox Business Network, FX, FXM, FXX, National Geographic, Nat Geo Mundo, Nat Geo WILD, Fuse, FM, Bravo, Chiller, Cloo, CNBC, CNBC World, E!, Esquire, MSNBC, Oxygen, Sprout, Syfy, USA Network, Local Now and The Weather Channel.
10 Biggest Billion-Dollar Entertainment Deals in 2016 (Photos)
Media and entertainment dealmakers returned in full force this year after a quiet 2015, as there were nine mergers and acquisitions valued at more than $1 billion -- from Chinese buyers such as the Dalian Wanda Group to AT&T, which agreed to acquire Time Warner for $85 billion. Here's a rundown of the biggest.
Various
10. Disney buys a minority stake in BAMTech
Price tag: $1 billion
In August, the Mouse House announced that it paid $1 billion for a 33 percent stake in streaming video technology company BAMTech, which was spun off from Major League Baseball’s MLB Advanced Media. Disney plans to use BAMTech’s technology to launch a standalone ESPN streaming service – but without the same content as linear ESPN.
The real estate and entertainment conglomerate owned by China’s richest man continues to snap up showbiz companies by the billion, acquiring the Golden Globes and American Music Awards producer for a cool $1 billion earlier this month.
Dick Clark Productions
8. Rovi acquires TiVo
Price tag: $1.1 billion
Video technology firm Rovi Corp., bought the pioneering live-TV recording tech company for $1.1 billion in a deal that was finalized in September. After the deal was complete, Rovi adopted the better-known TiVo name.
Getty Images
7. AMC Theatres buys Carmike Cinemas
Price tag: $1.2 billion
Wanda-owned AMC Theatres acquired Carmike, the U.S.’ fourth-largest exhibitor, forming the biggest theater chain in the country with more than 600 theaters. That surpasses Regal Entertainment, which operates 565 locations.
AMC/Carmike
6. AMC Theatres buys Odeon & UCI Cinemas
Price tag: $1.2 billion
AMC also added Odeon & UCI Cinemas, Europe's biggest chain, to its ever-expanding suite of cinemas. AMC will rename the company to Odeon Cinemas Group and maintain its London headquarters.
AMC/Odeon & UCI
5. Dalian Wanda Group buys Legendary Entertainment
Price tag: $3.5 billion
Wanda was responsible for the first megadeal of 2016, when it acquired the “Jurassic World” production company for $3.5 billion. Legendary lost $500 million in 2015, but its action-packed fare such as “Warcraft” is popular in China’s fast-growing movie market.
Legendary/Wanda
4. Comcast's NBCUniversal buys DreamWorks
Price tag: $3.8 billion
The blowout success of animated films like “Zootopia” and “Finding Dory” was one of the stories of 2016, and NBCU doubled down on the genre by adding the “Kung Fu Panda” and “Shrek” studio to its fold.
DreamWorks
3. Lionsgate merges with Starz
Price tag: $4.4 billion
The “Hunger Games” studio and premium cable channel announced their merger plans in June, a year after telecom billionaire and major Starz shareholder John Malone bought a stake in Lionsgate. Starz will become an independently run subsidiary of Lionsgate once the deal is officially approved.
Lionsgate/Starz
2. Verizon buys Yahoo
Price tag: $4.8 billion – or maybe less
The embattled Internet 1.0 company finally found its lifeboat, selling its core business to Verizon for $4.8 billion in July, eight years after rejecting a $45 billion bid from Microsoft. But after the extent of Yahoo’s 2014 hack was revealed, Verizon was pushing for a $1 billion discount, and has been taking a second look at the deal.
Verizon/Yahoo
1. AT&T agrees to acquire Time Warner
Price tag: $85.4 billion
AT&T agreed to buy Time Warner, combining two century-old companies to create a content and distribution powerhouse in the biggest media deal since the ill-fated 2000 AOL-Time Warner merger. One caveat: Donald Trump, who has been an outspoken critic of Time Warner’s CNN, had threatened to block the deal. However, a Wall Street-friendly Republican Congress could provide a smoother path.
AT&T/Time Warner
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Rewind 2016: From China’s Dalian Wanda Group to AT&T, deep-pocketed buyers were chasing content all year
Media and entertainment dealmakers returned in full force this year after a quiet 2015, as there were nine mergers and acquisitions valued at more than $1 billion -- from Chinese buyers such as the Dalian Wanda Group to AT&T, which agreed to acquire Time Warner for $85 billion. Here's a rundown of the biggest.