Fubo and DAZN strike sports channel distribution deal

Published 03/06/2025, 14:10
Fubo and DAZN strike sports channel distribution deal

NEW YORK - FuboTV Inc. (NYSE: FUBO), a $1.2 billion market cap streaming company whose stock has surged over 110% in the past six months according to InvestingPro data, and DAZN have entered a multi-year partnership to distribute their proprietary sports channels across each other’s streaming platforms in the United States. This collaboration, effective as of today, marks the first phase of a broader alliance, with additional joint ventures anticipated in the future.

Fubo has launched a new linear channel, DAZN1, featuring DAZN’s exclusive boxing and mixed martial arts events, along with on-demand content. This channel is available for Fubo subscribers either as a standalone option or as an add-on. The company has shown strong revenue growth of ~13% over the last twelve months, with total revenue reaching $1.6 billion.

Concurrently, DAZN is integrating Fubo Sports, Fubo’s ad-supported channel that showcases over 400 live sports events yearly, including UEFA soccer matches and events from various fighting championships. Fubo Sports will now be accessible on DAZN’s platform, expanding its reach beyond Fubo and a selection of free streaming services.

The agreement further allows Fubo to present DAZN’s live Pay-Per-View events to its customers, enhancing the array of premium sports content available to fans.

David Gandler, co-founder and CEO of Fubo, highlighted the partnership’s ability to provide more sports entertainment options and flexibility for customers, while Shay Segev, CEO of DAZN Group, emphasized the deal’s role in increasing access to top-tier sports content for fans in the U.S.

Fubo, recognized by the Financial Times as one of The Americas’ Fastest-Growing Companies 2025, is a live TV streaming platform offering a sports-first cable TV replacement product in the U.S., Canada, and Spain. DAZN, known for its extensive coverage of football, boxing, MMA, and the NFL in over 200 markets, aims to create the world’s most comprehensive sports entertainment platform. InvestingPro analysis reveals 12 additional investment tips and a comprehensive Pro Research Report, offering deeper insights into Fubo’s financial health and growth prospects.

This news is based on a press release statement issued by FuboTV.

In other recent news, FuboTV reported its first-quarter 2025 earnings, exceeding expectations with a loss of $0.02 per share compared to the forecasted $0.11 per share loss. However, the company’s revenue fell short, reaching $407.9 million against a projected $440.24 million. Despite this revenue miss, FuboTV’s adjusted EBITDA loss improved significantly to $1.4 million, showing a 96% improvement year-over-year. In related developments, Needham & Company adjusted its price target for FuboTV shares to $3.00 from $3.35, maintaining a Buy rating due to FuboTV’s mixed financial results. Additionally, FuboTV has secured a multi-year agreement with the European League of Football to stream games on its Fubo Sports channel, expanding its sports content offerings. The company also launched a new advertising feature, introducing programmatic pause ads on its platform to boost brand engagement. This interactive ad format has reportedly generated 33% more brand engagement than video ads alone. These developments reflect FuboTV’s ongoing efforts to enhance its content and advertising strategies while navigating a challenging market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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