FuboTV has raised some revenue from some heavy media hitters. Variety reports that Fubo has received $55 million from 21st Century Fox, Scripps Networks Interactive and Sky from the United Kingdom.
And this brings Fubo’s latest fundraising to $75.6 million. It’s expected that Fubo will use this cash to expand its programming, marketing as well as make improvements to its service.
Originally launched as a soccer streaming service, Fubo has expanded to offer several cable sports networks as well as various entertainment networks. Starting in April of this year, it offered a tier of over 59 channels for an introductory monthly fee of $34.99.