World News – US – FuboTV extends 4-day rally to 89% after streaming service scrutinizes exclusive offers on sports content

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« Everything is always on the table » when it comes to fuboTV making exclusive offers for sports content for its sports-oriented video streaming service. According to CEO David Gandler’s recent interview with Axios.

Due to these current prospects for the acquisition of exclusive sports rights by fuboTV, the shares rose by up to 28% on Monday and extended the four-day winning streak to 89%. . FuboTV’s shares are up 463% since Monday afternoon.

Gandler told Axios that fuboTV « should consider » entering into exclusive partnership agreements for live sports. This could push other sports-related streaming companies like ESPN to store more content, according to Axios.

FuboTV’s recent surge in stock prices could give the company more firepower as it looks to acquire exclusive content with a market cap well over $ 6 billion on Monday, according to Bloomberg.

The streaming platform currently offers sports programs from ESPN, NFL RedZone, NBA TV, NHL Network, MLB Network and Strikezone, among others. The streaming service also transmits non-sporting content from popular networks such as NBC, CBS, ABC, AMC and Viacom’s own channels such as Nickelodeon and MTV.

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fuboTV, Stock, FuboTV, NYSE: FUBO, David Gandler

World News – USA – FuboTV extends 4-day rally to 89% after streaming service exclusive sports content in Eye has offers

Ref: https://www.businessinsider.com

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