Fubo Launches AI-Generated “Instant Headlines” From Live News Programs, a First-of-its-Kind Feature for Live TV
25 Januar 2024 - 3:00PM
Business Wire
Today’s Beta Launch is Just One Step in
Fubo’s Product Mission to Ensure Consumers Never Miss a Moment of
Their Favorite Live Content
FuboTV Inc. (d/b/a/ Fubo) (NYSE: FUBO), the leading sports-first
live TV streaming platform, today launched Instant Headlines, a
pioneering beta feature that generates contextual news topics as
they are reported live on air.
Designed to help Fubo consumers make better viewing decisions in
real-time, Instant Headlines surfaces current programming topics
and highlights them - in 10 words or less - in the home page news
carousel. The page constantly refreshes each channel tile in the
carousel, updating the user on the current topic being discussed on
that channel. From there, the user can click on the channel tile to
watch the live segment.
Instant Headlines, available to Fubo users on FireTV and Android
TV, is currently integrated with select 24 hour news channels,
including national networks and, in certain markets, local
stations. The feature may be expanded to other devices in the
future.
Watch a demo here.
With Instant Headlines as a first step, Fubo plans to launch a
suite of news-focused product features with the goal of ensuring
fans never miss a moment of their favorite content. The company
also intends to make similar features available for sports and
entertainment content. Fubo delivers approximately 150,000 new
content assets to consumers every day, both live and VOD, across
sports, news and entertainment. Enabling a quick way for consumers
to find and instantly watch the most meaningful content to them, at
the moment it matters, is a key component of Fubo’s product
personalization strategy.
“Fubo continuously pushes the boundaries of innovation,
delivering to consumers market defining product features optimized
for live TV streaming,” said David Gandler, co-founder and CEO,
Fubo. “We were the first virtual MVPD to offer 4K streaming and
multi viewing, which we launched years ahead of our peers. It’s
Fubo’s premium user experience, coupled with our aggregated
sports-first content offering, that provides meaningful
differentiation in a crowded streaming landscape. We believe tech
advancements will continue to demarcate Fubo from other live TV
streaming services - appealing to both consumers and advertisers
alike - and will contribute strongly to our profitability
goals.”
Gandler continued: “Today’s launch of our first-of-its-kind news
feature is aimed to improve live content discovery on Fubo, in real
time. Innovating around our news programming is a focus this year,
particularly as we head into an election cycle. We’re excited to
further evolve Instant Headlines and offer additional news-based
product features during such a critical time in world news. Instant
Headlines is just the first product we’re rolling out this year
aimed to ensure our users never miss a moment of the most
meaningful content.”
About Fubo
With a global mission to aggregate the best in TV, including
premium sports, news and entertainment content, through a single
app, FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO) aims to transcend the
industry’s current TV model. The company operates Fubo in the U.S.,
Canada and Spain and Molotov in France.
In the U.S., Fubo is a sports-first cable TV replacement product
that aggregates more than 300 live sports, news and entertainment
networks and is the only live TV streaming platform with every
Nielsen-rated sports channel (source: Nielsen Total Viewers, 2023).
Leveraging Fubo’s proprietary data and technology platform
optimized for live TV and sports viewership, subscribers can engage
with the content they are watching through an intuitive and
personalized streaming experience. Fubo has continuously pushed the
boundaries of live TV streaming. It was the first virtual MVPD to
launch 4K streaming and MultiView, which it did years ahead of its
peers, as well as Instant Headlines, a first-of-its-kind AI feature
that generates contextual news topics as they are reported live on
air.
Learn more at https://fubo.tv
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking statements of FuboTV
Inc. (“Fubo”) that involve substantial risks and uncertainties. All
statements contained in this press release that do not relate to
matters of historical fact are forward-looking statements within
the meaning of The Private Securities Litigation Reform Act of
1995, including statements regarding our business strategy and
plans, product launches, engagement and viewership. The words
“could,” “will,” “plan,” “intend,” “anticipate,” “approximate,”
“expect,” “potential,” “believe” or the negative of these terms or
other similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. Actual results or events could differ
materially from the plans, intentions and expectations disclosed in
the forward-looking statements that Fubo makes due to a number of
important factors, including but not limited to the following: our
ability to achieve or maintain profitability; risks related to our
access to capital and fundraising prospects to fund our financial
operations and support our planned business growth; our revenue and
gross profit are subject to seasonality; our operating results may
fluctuate; our ability to effectively manage our growth; our
ability to attract and retain subscribers; obligations imposed on
us through our agreements with certain distribution partners; we
may not be able to license streaming content or other rights on
acceptable terms; the restrictions imposed by content providers on
our distribution and marketing of our products and services; our
reliance on third party platforms to operate certain aspects of our
business; risks related to our reporting obligations; risks related
to the difficulty in measuring key metrics related to our business;
risks related to preparing and forecasting our financial results;
risks related to the highly competitive nature of our industry;
risks related to our technology, as well as cybersecurity and data
privacy-related risks; risks related to ongoing or future legal
proceedings; and other risks, including the effects of industry,
market, economic, political or regulatory conditions, future
exchange and interest rates, and changes in tax and other laws,
regulations, rates and policies. Further risks that could cause
actual results to differ materially from those matters expressed in
or implied by such forward-looking statements are discussed in our
Quarterly Report on Form 10-Q for the quarterly period ended
September 30, 2023 filed with the Securities and Exchange
Commission (“SEC”), and our other filings with the SEC. We
encourage you to read such risks in detail. The forward-looking
statements in this press release represent Fubo’s views as of the
date of this press release. Fubo anticipates that subsequent events
and developments will cause its views to change. However, while it
may elect to update these forward-looking statements at some point
in the future, it specifically disclaims any obligation to do so.
You should, therefore, not rely on these forward-looking statements
as representing Fubo’s views as of any date subsequent to the date
of this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240125441481/en/
Investor Contacts
Alison Sternberg, Fubo asternberg@fubo.tv
JCIR for Fubo ir@fubo.tv
Media Contacts
Jennifer L. Press, Fubo jpress@fubo.tv
Bianca Illion, Fubo billion@fubo.tv
fuboTV (NYSE:FUBO)
Historical Stock Chart
Von Aug 2024 bis Sep 2024
fuboTV (NYSE:FUBO)
Historical Stock Chart
Von Sep 2023 bis Sep 2024