What's more, adding the freemium model capability could be vital to expanding to emerging markets worldwide where household incomes are lower.ĭid fuboTV pay too much for the purchase? That remains to be seen, and it will depend on how well fuboTV can integrate Molotov SAS into its operations. The acquisition is likely to speed fuboTV's international ambitions with a solid base to start from in France. The potential was too good to pass up for fuboTV One other exciting point the CEO mentions later in the conference call is that fuboTV is getting the technology that Molotov has developed to very efficiently localize in different geographies, which could prove invaluable as fuboTV continues expanding. And just to highlight again what that is, it's - a freemium model really means that you have a free tier of content, which in their case is live TV channels that they then use to upsell to a paid tier. Remember, we do not have a freemium model. So with 4 million monthly active users, we thought that this was a great opportunity for us to learn about their business model. 2 streaming application in France, which is the second-largest European market with over 60 million households. So we think that we could pretty much integrate relatively quickly. And so there's an alignment of technology and infrastructure, tooling and also obviously, the operational model.

Molotov has a very, very strong team of 100 plus, which if you think about it, our businesses are very similar in many respects.

One is, as you know, there's some significant headwinds here in the U.S. In fuboTV's third-quarter conference call, CEO David Gandler was asked about the reasons behind the acquisition.

Fubotv live tv streaming