fuboTV Raises an Additional $75 Million
fuboTV has today announced that it has raised $75 million in Series D funding — bringing the total to $150 million. The round includes AMC Networks, which is joined by existing investors 21st Century Fox, Luminari Capital, Northzone, Sky and the former Scripps Networks Interactive, recently acquired by Discovery, Inc.
fuboTV plans to invest in product and engineering continuing to improve their technology and to create new features in their apps for sports fans. They also expect to use the funding to increase marketing and add new content both domestically and around the world.
Over the past year, they have signed distribution deals to bring channels including AMC, BBC AMERICA, CBS, CBS Sports Network, CBSN, Food Network, FUSION TV, HGTV, IFC, MSG, MSG+, NESN, NFL Network, Pac-12 Network, Pop, SNY, SundanceTV, The Olympic Channel, Travel Channel and WE tv.
You can read our full review of fuboTV here.