Shares of Fubo rose 3% after the streaming company confirmed a distribution agreement with NBCUniversal that reintroduces a range of NBCUniversal networks onto its platform.
Under the terms announced, Fubo customers will be able to stream NBCUniversal's Spanish-language networks, Telemundo and Universo, starting today. NBCUniversal's English-language networks - including NBC Sports Network, regional sports networks and FAST channels - are scheduled to appear on the service in the coming weeks.
The agreement maps NBCUniversal programming across several Fubo plans and add-ons. NBC will be carried on Fubo's base English-language TV plan and on the Fubo Sports content service. Telemundo will be available through the base English-language TV plan and the Latino plan. Bravo will be included in the base English-language TV plan.
Universo will be offered via Fubo's Latino Plan, the Spanish-language Latino Plus add-on package and the English-language Extra package. Separately, NBC Sports regional sports networks covering Bay Area, Boston, California and Philadelphia will be accessible through the base English-language TV plan. NBCSN will be available through both the base plan and the Fubo Sports content service.
"We’re thrilled to announce the return of NBCUniversal networks to Fubo, given their robust portfolio of top-tier sports, entertainment and news," said Todd Mathers, executive vice president of content strategy and acquisition at Fubo.
The arrangement restores Spanish-language offerings immediately while staging the rollout of English-language and FAST channel content over a short timeline. Fubo has placed networks and regional sports feeds across its existing plan architecture, allowing subscribers to access specific channels depending on their chosen package or optional add-ons.
For subscribers, the deal changes channel lineups across both English- and Spanish-language plan options and provides multiple routes to access regional sports networks and NBCSN. For investors, the market responded with a modest share-price uptick following the announcement.