FuboTV (NYSE: FUBO) shares climbed about 11% after the company appointed former Disney+ president Alisa Bowen as its new chief executive officer, replacing co-founder David Gandler. The company announced that Bowen assumed the role on July 10, bringing nearly three decades of experience across media, digital products and operations.
FuboTV has transformed post-merger with Hulu + Live TV, now boasting 5.7M subscribers and $6.2B in 12-month pro forma revenue. FUBO reached a profitability inflection with $100M TTM pro forma adjusted EBITDA, targeting $300M by 2028 and positive FCF by 2027. Disney ad tech integration and ESPN partnership are accelerating margin improvements and expanding reach, with CPM and fill rates improving ahead of schedule.
Plus, Fubo says it's launching an AI assistant in the fall.
| Media Industry | Communication Services Sector | Alisa Bowen CEO | XMEX Exchange | US35953D4016 ISIN |
| US Country | 590 Employees | - Last Dividend | 24 Mar 2026 Last Split | 30 Nov 2017 IPO Date |
fuboTV Inc., incorporated in 2009 and headquartered in New York, New York, is a pioneering service provider in the live TV streaming sector, specifically known for its comprehensive live sports, news, and entertainment content. The company distinguishes itself by catering to the growing demand for live streaming content that can be accessed via various devices, making it a staple for audiences in the United States and internationally who seek real-time access to a wide range of television content without the need for traditional cable services.
A core service offering of fuboTV Inc., this platform allows customers to tune into live sports, news, and entertainment from across the globe. Users can access the service through multiple devices, which includes SmartTVs, streaming devices like Roku and Amazon Fire TV, mobile phones, tablets, and computers, offering a versatile viewing experience for subscribers who prefer on-the-go access or viewing from the comfort of their homes.