FuboTV is a sports-first live TV streaming platform that serves as a replacement for traditional pay television. By aggregating premium sports, news, and entertainment content into a single app, FuboTV aims to provide a unique, user-friendly experience that allows viewers to access tens of thousands of live sporting events annually, alongside popular television content, across various devices. Their technology platform is designed to accommodate the nuances of live streaming, ensuring a seamless viewing experience, thus capitalizing on the growing trend of cord-cutting in the U.S. market.
Their business model revolves around subscription service revenues and advertising, targeting sports fans who are seeking alternatives to the traditional pay-TV model. FuboTV offers a flexible pricing structure with customizable content packages, enhancing user engagement through features like Cloud DVR Plus and MultiView options. This direct-to-consumer approach not only enables real-time content discovery to personalize user experiences but also allows the company to gather extensive first-party data to drive product innovations and expansion efforts, both domestically and internationally.