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Disney Media Networks and fuboTV Announce Distribution Agreement - Odessa American: News

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Posted: Wednesday, June 24, 2020 1:30 pm | Updated: 2:02 pm, Wed Jun 24, 2020.

BURBANK, Calif. & NEW YORK--(BUSINESS WIRE)--Jun 24, 2020--

FaceBank Group, Inc. (d/b/a fuboTV) (OTCQB: FUBO) and Disney Media Networks today announced a comprehensive distribution agreement to deliver Disney’s robust lineup of premier news, sports and entertainment content from ESPN and Walt Disney Television to live TV streaming platform fuboTV.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200624005696/en/

Beginning this summer, customers who subscribe to fuboTV’s fubo Standard base package will have access to ABC, ABC News Live, Disney Channel, Disney Junior, Disney XD, Freeform, ESPN, ESPN2, ESPN3, in-market for SEC Network and ACC Network, FX, FXX, and National Geographic. Additional networks will also be available on fuboTV’s other packages including out-of-market for SEC Network and ACC Network, ESPNU, ESPNEWS, ESPN Deportes, FXM, Fox Life, Nat Geo Wild, Nat Geo Mundo, and BabyTV. The deal includes both live television and VOD.

Commented David Gandler, Co-founder and CEO, fuboTV: “With the addition to our lineup of the ESPN suite of channels, we continue to make good on our promise to sports fans to be the undisputed home of professional and college sports. fubo is equally delighted to add the storied Disney, ABC, FX and Nat Geo networks to round out a robust programming portfolio for the whole family to enjoy.”

Ben Grad, Head of Content Strategy and Acquisition, fuboTV added: "Launching Disney’s networks strengthens our sports-focused live TV platform and brings a diverse range of content for the entire family. Our base package offers consumers significant value, while consumers who want even more great sports and entertainment content can access it with our premium packages. As live sports return but without spectators, streaming games at home will be even more important than ever. We're thrilled to bring more sports, as well as entertainment and news, to our consumers this summer."

Added Sean Breen, EVP, Platform Distribution, Disney Media Networks: “Adding Disney’s array of networks across news, sports and entertainment content with ABC, Disney Channel, ESPN, FX, and Nat Geo delivers a more comprehensive channel lineup and tremendous value to customers’ subscriptions. With fuboTV’s multiple access points across all major streaming platforms and a competitive price point, we continue to serve a growing audience that consumes video on multiple screens and attract new customers into the pay TV ecosystem.”

fuboTV is the live TV streaming platform with more top Nielsen-ranked sports, news and entertainment channels for cord-cutters than any other live platform. In April, the company merged with FaceBank Group to create a leading digital entertainment company, combining fuboTV’s direct-to-consumer live TV streaming platform for cord-cutters with FaceBank’s technology-driven IP in sports, movies and live performances. Continually innovating to give subscribers a premium viewing experience they can’t find with cable TV, fuboTV is regularly first-to-market with new product features and is the only virtual MVPD to stream in 4K.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on the current beliefs, expectations and assumptions of FaceBank Group, Inc. (d/b/a fuboTV) (“fuboTV”) and on information currently available to fuboTV. The forward-looking statements in this press release represent fuboTV’s views as of the date of this press release. These statements may include, but are not limited to, statements regarding future events or future financial and operating performance and fuboTV’s plans for, and the anticipated benefits of, new strategic partnerships. Although fuboTV believes the expectations reflected in such forward-looking statements are reasonable, fuboTV can give no assurance that such expectations will prove to be correct. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause fuboTV’s actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable law, fuboTV does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. Important factors that could cause fuboTV’s actual results to differ materially are detailed from time to time in the reports fuboTV files with the Securities and Exchange Commission, copies of which are available on the Securities and Exchange Commission’s website at www.sec.gov and are available from fuboTV without charge. However, new risk factors and uncertainties may emerge from time to time, and it is not possible to predict all risk factors and uncertainties.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200624005696/en/

CONTACT: Media Contacts:

Kristie AdlerKristie.Adler@espn.comor (646) 547-5637

Katina ArnoldKatina.Arnold@espn.comor (860) 766-7463

April CarrettaApril.Carretta@disney.comor (312) 420-9029

Charissa GilmoreCharissa.Gilmore@disney.comor (818) 460-7950

Jennifer L. Pressjpress@fubo.tvor (212) 672-0081

Katie Minoguekminogue@fubo.tvor (212) 672-0081Investor Contacts:

ir@fubo.tv

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK

INDUSTRY KEYWORD: TV AND RADIO ENTERTAINMENT FAMILY CONSUMER

SOURCE: fuboTV

Copyright Business Wire 2020.

PUB: 06/24/2020 02:30 PM/DISC: 06/24/2020 02:30 PM

http://www.businesswire.com/news/home/20200624005696/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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