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FuboTV Down Despite Acquiring Premier League Rights in Canada

By Sam Boughedda — Shares of FuboTV Inc (NYSE:) fell Thursday despite the company stating it has acquired the exclusive legal rights to the English Premier League in Canada starting up in the 2022/2023 year.

The business stated it will solely demonstrate all 380 Premier League matches every single year on its Canadian system till the 2024/2025 period. 

Fubo shares are at present down much more than 3%.

The Leading League is the most recent soccer addition to FuboTV right after it disclosed a number of months ago, it experienced gained the exceptional legal rights to Italian Serie A and Coppa Italia matches. It also has the legal rights to the Qatar Planet Cup 2022 Qualifying matches in South The united states.

“The Premier League is regarded as to be the finest soccer league in the earth and has a large enthusiast base in Canada,” reported David Gandler, co-founder and CEO, FuboTV. 

“This offer makes it possible for us to deliver yet a different top-notch residence to FuboTV, even further differentiating our content material featuring, and supplying Canadians a further explanation to slash the cord for interesting, exceptional sports content material.”

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