FuboTV Inc. (FUBO) saw its stock price surge 6.41% in the intraday trading session on Monday, riding a wave of investor enthusiasm following the announcement of a content partnership with NBCUniversal.
The live TV streaming platform revealed plans to launch six new NBCU FAST (Free Ad-supported Streaming TV) channels in Canada, including popular sports, entertainment, news, and Latino programming. This move aims to broaden fuboTV's appeal and attract more subscribers in the Canadian market.
The expanded channel lineup includes NBC News NOW, Noticias Telemundo Ahora, Telemundo al Dia, GolfPass, Dateline 24/7, and American Crimes. By strengthening its content offerings, fuboTV positions itself to better compete in the crowded streaming market and potentially drive revenue growth through increased subscriptions.
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