FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today launched Instant Headlines, a pioneering beta feature that generates contextual news topics as they are reported live on air.
Designed to help Fubo consumers make better viewing decisions in real-time, Instant Headlines surfaces current programming topics and highlights them – in 10 words or less – in the home page news carousel. The page constantly refreshes each channel tile in the carousel, updating the user on the current topic being discussed on that channel. From there, the user can click on the channel tile to watch the live segment.
Instant Headlines, available to Fubo users on FireTV and Android TV, is currently integrated with select 24 hour news channels, including national networks and, in certain markets, local stations. The feature may be expanded to other devices in the future.
Watch a demo here.
With Instant Headlines as a first step, Fubo plans to launch a suite of news-focused product features with the goal of ensuring fans never miss a moment of their favorite content. The company also intends to make similar features available for sports and entertainment content. Fubo delivers approximately 150,000 new content assets to consumers every day, both live and VOD, across sports, news and entertainment. Enabling a quick way for consumers to find and instantly watch the most meaningful content to them, at the moment it matters, is a key component of Fubo’s product personalization strategy.
“Fubo continuously pushes the boundaries of innovation, delivering to consumers market defining product features optimized for live TV streaming,” said David Gandler, co-founder and CEO, Fubo. “We were the first virtual MVPD to offer 4K streaming and multi viewing, which we launched years ahead of our peers. It’s Fubo’s premium user experience, coupled with our aggregated sports-first content offering, that provides meaningful differentiation in a crowded streaming landscape. We believe tech advancements will continue to demarcate Fubo from other live TV streaming services – appealing to both consumers and advertisers alike – and will contribute strongly to our profitability goals.”
Gandler continued: “Today’s launch of our first-of-its-kind news feature is aimed to improve live content discovery on Fubo, in real time. Innovating around our news programming is a focus this year, particularly as we head into an election cycle. We’re excited to further evolve Instant Headlines and offer additional news-based product features during such a critical time in world news. Instant Headlines is just the first product we’re rolling out this year aimed to ensure our users never miss a moment of the most meaningful content.”
About Fubo
With a global mission to aggregate the best in TV, including premium sports, news and entertainment content, through a single app, FuboTV Inc. (d/b/a Fubo) (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 300 live sports, news and entertainment networks and is the only live TV streaming platform with every Nielsen-rated sports channel (source: Nielsen Total Viewers, 2023). 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 an intuitive and personalized streaming experience. Fubo has continuously pushed the boundaries of live TV streaming. It was the first virtual MVPD to launch 4K streaming and MultiView, which it did years ahead of its peers, as well as Instant Headlines, a first-of-its-kind AI feature that generates contextual news topics as they are reported live on air.
Learn more at https://fubo.tv
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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 business strategy and plans, product launches, engagement and viewership. 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 September 30, 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.
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