Fox, Scripps Join $55 Million Round for FuboTV Streaming Startup
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21st Century Fox Inc., Sky Plc and Scripps Networks Interactive Inc. participated in a $55 million funding round for FuboTV, a startup that offers an online, cable-like TV package with a focus on sports fans.
The round, led by venture-capital firm Northzone, will help FuboTV expand its channel lineup and improve its technology, the company said in a statement. The startup’s English-language package, currently $35 a month, includes channels from Fox, NBCUniversal and A+E Networks but not Scripps, which owns HGTV and Food Network.