Summary of fuboTV Inc. Conference Call Company Overview - **Company**: fuboTV Inc. (NYSE:FUBO) - **Participants**: David Gandler (Co-Founder, CEO, and Director), Simone Nardi (CFO) - **Event**: Wells Fargo Virtual Media Telco Day: 5G & Streaming & Beyond, June 7, 2021 Key Industry Insights - **Market Trends**: The trend of cord-cutting continues, with increasing attrition rates in traditional cable and satellite services. fuboTV has gained market share, increasing from under 3% in 2019 to over 5.5% in Q1 2021 [7][8]. - **Future Projections**: The potential market for virtual MVPD customers is estimated to be between 45 million and 55 million over the next 7 to 10 years [8][53]. - **Consumer Behavior**: There is a growing fatigue among consumers regarding the number of streaming services, leading to a preference for larger bundles that offer a more efficient viewing experience [8][9]. Company Performance and Strategy - **Growth and Guidance**: fuboTV has consistently beaten and raised guidance since its NYSE listing, demonstrating strong performance despite being a relatively young company with about 285 employees [11]. - **Revenue Streams**: The company operates on a dual revenue model: subscription and advertising. Advertising revenue grew over 200% in Q1 2021, typically the weakest quarter for ad revenue [28][29]. - **Profitability Focus**: The goal is to achieve breakeven margins on the subscription side while expanding advertising revenue. The company has seen improvements in contribution margins over the past year [30][31]. Product Development and Innovation - **Gaming Integration**: fuboTV is focusing on integrating gaming into its platform, launching free-to-play games and predictive gaming features that enhance user engagement [12][17][20]. - **Content Strategy**: The company is cautious about exclusive content due to high costs but believes in the importance of aggregation and providing a comprehensive viewing experience [40][41]. Advertising Market Dynamics - **Advertising Demand**: There is a notable shift of advertising dollars from traditional television to connected devices, with fuboTV leveraging first-party data for targeted advertising [35][36]. - **CPM Growth Potential**: Current CPMs are in the low $20s, with potential to increase significantly as the subscriber base grows, aiming to reach CPMs similar to competitors like Roku [35][36]. Competitive Landscape - **Market Positioning**: fuboTV differentiates itself by offering a sports-first experience and is positioned to compete against larger companies in both video and gaming markets [31][25]. - **Partnerships vs. Ownership**: The company aims to own and control its sportsbook operations rather than partnering with existing sportsbooks, believing this will create more long-term shareholder value [25]. Challenges and Considerations - **Content Costs**: The rising costs of exclusive content pose a challenge, and the company is focused on balancing content acquisition with profitability [39][41]. - **Churn Management**: fuboTV is actively working on strategies to manage customer churn through product improvements and targeted marketing [15][16]. Conclusion - **Future Outlook**: The company is optimistic about its growth trajectory, driven by market trends favoring virtual MVPDs, innovative product offerings, and a strong focus on profitability and customer engagement [11][31][53].

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) Commission File Number: 000-55353 fuboTV Inc. (Exact Name of Registrant as Specified in Its Charter) | Florida | 26-4330545 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-39590 fuboTV Inc. (Exact name of registrant as specified in its charter) | Florida | 26-4330545 | | --- | --- | | (Stat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 000-55353 fuboTV Inc. (Exact Name of Registrant as Specified in Its Charter) | Florida | 26-43305 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 000-55353 fuboTV Inc. (Exact Name of Registrant as Specified in Its Charter) | Florida | 26-4330545 | | - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 000-55353 FaceBank Group, Inc. (Exact Name of Registrant as Specified in Its Charter) | Florida | 26-433 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 Or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 000-55353 Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [X] Smaller reporting company [X] Eme ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Exact Name of Registrant as Specified in Its Charter) | Florida | 26-4330545 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 1115 Broadway, 12 Floor, New York, NY | 10010 | (Address of Principal Executive Offices) (Zip Code) (212) 537-5775 (Registrant's Telephone Number, Including Area Code) (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 000-55353 Pulse Evolution Group, Inc. (Exact Name of Registrant as Specified in Its Charter) | Florida | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 000-55353 Pulse Evolution Group, Inc. (Exact Name of Registrant as Specified in Its Charter) | Florida | ...