Stock Groups

Hemisphere Media Group Networks Announce Multi-Year Agreement With fuboTV -Breaking

by Mike Robinson

[ad_1]

© Reuters.

Sam Boughedda

Investing.com — Fubotv Inc (NYSE:) shares rose 1.15% after Hemisphere Media Group Inc (NASDAQ) reached an agreement of multi-years with fuboTV.

Hemisphere will provide access to the five Hemisphere networks which serve the U.S. Latino markets through its partnership. Additionally, subscribers will have access to Hemisphere’s other content such as entertainment and news from Puerto Rico and films from Mexico, Latin America and Spain.

Hemisphere president and CEO Alan Sokol said, “Virtual MVPD platform continue to see robust growth. We applaud our partners fuboTV who seek to provide a complete viewing experience for consumers, especially Hispanic/Latino viewers by providing them the high-quality, differentiated content that they desire.”

Sokol stated that he hopes to “allow us the opportunity to increase our reach in the markets populated by communities we service.”

Fubo appeared earlier this week. reported its preliminary resultsThe fourth quarter’s revenue will be reported at between $215 and $220 millions.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]