FuboTV Inc. (FUBO) CEO David Gandler Presents At Deutsche Bank 30th Annual Media, Internet & Telecom Conference (Transcript)

Mar. 15, 2022 1:21 PM ETfuboTV Inc. (FUBO)13 Comments
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fuboTV Inc. (NYSE:FUBO) Deutsche Bank 30th Annual Media, Internet & Telecom Conference March 15, 2022 11:05 AM ET

Company Participants

David Gandler - Co-Founder and CEO

Conference Call Participants

Bryan Kraft - Deutsche Bank

Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide.

Bryan Kraft

00:04 Okay. All right. So welcome, everyone. Really, pleased to introduce David Gandler, who is the Co-Founder and CEO of fuboTV. David, welcome.

David Gandler

00:22 Thank you. Thank you for having me.

Bryan Kraft

00:25 Why don't we jump into it. So fuboTV has been growing subscribers faster than the other virtual MVPDs and the industry broadly. You seem to expect that trend to continue based on your subscriber guidance. What has made you so successful in the marketplace to-date, and how do you differentiate fuboTV from competitors virtual MVPD services?

David Gandler

00:47 Yeah. So Fubo sits at the intersection of three mega trends. The first, obviously, is the secular decline of traditional television. The second is the shift of TV ad dollars to connected devices, and the third is online sports-betting. And I mentioned that, because we have positioned ourselves in the virtual space as a sports first cable replacement service. And so there, I would say three vectors on which that has resulted in the type of growth that we've seen. And by the way, that growth is about 3 times the virtual MVPD space, which is pretty impressive.

01:26 So the first vector obviously is on the brand side. We have positioned ourselves as a sports platform, whereas I would say Hulu, Sling, YouTube TV

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