Are you a fan of streaming services and constantly on the hunt for new options? Well, we have some exciting news! fuboTV, one of the leading sports-focused live TV streaming platforms, is set to acquire Molotov – the French multiplatform streaming company. This strategic move comes at a whopping $190M price tag and will see Molotov’s co-founder and CEO Jean-David Blanc taking over as chief strategy officer. Get ready to explore an even wider range of content as these two giants join forces in the world of online entertainment!
FuboTV to acquire French streaming company Molotov
fuboTV announced today that it has acquired French multi-platform streaming company Molotov for $190M. The acquisition will give fuboTV a strong foothold in the European streaming market and bolster its plans to expand internationally.
Molotov co-founder and CEO Jean-David Blanc will become fuboTV’s chief strategy officer, and the Molotov team will join fuboTV’s Paris office. Molotov has built a strong brand in France with its innovative streaming platform that offers users a personalized TV experience. The company has raised $17 million since it was founded in 2015, and it has partnerships with leading broadcasters and content providers such as Canal+, France Télévisions, TF1, M6, Arte, RTL, and BeIN Sports.
With the addition of Molotov’s technology and team, fuboTV will be able to accelerate its plans to launch a direct-to-consumer streaming service in Europe. fuboTV is already available in the U.S., Canada, and Spain, and the company plans to launch in more countries in the coming months.
Romain Dillet Romain Dillet is the founder and CEO of TechCrunch.
What this means for fuboTV
This acquisition is a huge win for fuboTV. Not only does it solidify their position as a leading streaming platform, but it also gives them a significant presence in France. This is a key market for fuboTV, and with Molotov, they will be able to expand their reach and offer even more content to their subscribers.
Molotov has been a major player in the French streaming market, and this acquisition will give fuboTV a strong foothold in the market. Jean-David Blanc, the co-founder, and CEO of Molotov will be joining fuboTV as the chief strategy officer. This is a great addition to the FuboTV team, and we are excited to see what he will do in his new role.
With this acquisition, fuboTV is positioned to be a major player in the global streaming market. We are excited to see what they will do next!
What this means for Molotov
Molotov is a French multiplatform streaming company that fuboTV has agreed to acquire for $190M. Molotov co-founder and CEO Jean-David Blanc will become fuboTV’s chief strategy officer. The acquisition will give fuboTV a stronger presence in Europe and expand its content offering.
How this will affect the streaming market
In recent years, the streaming market has been growing at a rapid pace. This is in part due to the fact that more and more people are cutting the cord and opting for streaming services instead of traditional cable TV.
Now, it looks like fuboTV is looking to make a big move in the streaming market. The company has announced that it is acquiring French multiplatform streaming company Molotov for $190M.
This is a pretty big deal because Molotov has a lot of popular content that fuboTV will now have access to. Additionally, Molotov co-founder and CEO Jean-David Blanc will become chief strategy officer at fuboTV.
It will be interesting to see how this acquisition affects the streaming landscape. For now, it looks like fuboTV is positioning itself to be a major player in the space.
Conclusion
In a strategic move to expand its presence in the streaming industry, fuboTV announced its acquisition of Molotov for $190M. The French multiplatform streaming company is led by co-founder and CEO Jean-David Blanc, who will become chief strategy officer at FuboTV. This move demonstrates FuboTV’s commitment to providing customers with an even more comprehensive and engaging streaming experience, as well as its dedication to international expansion. With this acquisition, it is clear that FuboTV is poised to be a major player in the ever-evolving media landscape.
