Fox, Scripps Join $55 Million Round for FuboTV Streaming Startup
The Winners and Losers of the TV Streaming Wars
This article is for subscribers only.
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.