Update: fuboTV has reached out to say that they’re planning to launch an ad-supported channel, not a new streaming service. Get the details HERE.
fuboTV reportedly wants to jump into the growingly crowded space of free ad-supported streaming. Currently, fuboTV costs $55 a month for 70+ channels. Now, fuboTV has announced plans to launch a free ad-supported streaming service later this year.
“Ads are certainly an area that we believe is going to allow us to grow our business profitably,” CEO David Gandler told TheWrap, noting a target launch for an AVOD service around the third or fourth quarter of 2019. “It will be a little bit smaller and more straightforward, but we certainly want to take advantage of the current trends.”
This new free streaming service will likely include channels like CBS News, Cheddar, Stadium, etc. It will also include channels made up of on-demand content similar to Pluto TV, XUMO, and STIRR.
According to fuboTV in the 3rd quarter of 2019, they also plan to launch a minute-long ad-break dubbed “Sports Break” with short-form content between two ads.
Cord Cutters News will post updates as we learn more about this breaking news.
Update: fubotv reached out to say they have not announced any channels. It could include channels like CBS News, Cheddar, and other already free channels.
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