×
You will be redirected back to your article in seconds

FuboTV Is Latest Internet TV Service to Hike Prices

Cord-cutters who thought they were getting a price break from “virtual” internet pay-TV services may be in for some sticker shock.

FuboTV, as of Thursday (March 28), is increasing the subscription price of its base internet TV package for all subscribers by 22%, to $54.99 per month — up $10 from the previous $44.99 monthly for the package of more than 90 channels. In addition, Fubo Extra (with 110-plus channels) is rising by $10, from $49.99 to $59.99 per month (up 20%).

According to FuboTV, the price hikes mark the first time in over a year it has raised fees. It has added multiple channels to the service in the last 12 months, including AMC, Cartoon Network, CNN, TBS, and TNT. In addition, FuboTV recently inked a distribution pact with Viacom, under which it will soon add BET, CMT, Comedy Central, MTV, Nickelodeon, and other networks to its packages.

FuboTV’s price hikes come after AT&T raised the prices for all existing DirecTV Now subscribers by $10 per month (its second increase in less than a year), while discontinuing the previous plans and replacing them with two new bundles that include HBO but omit networks from A+E, AMC, Discovery and Viacom.

Meanwhile, Hulu in February started charging $5 more for its live TV service, which rose from $39.99 to $44.99 per month (a 12.5% increase). Google raised the price of YouTube TV last year, from $35 to $40 per month. Other virtual pay-TV players include Dish Network’s Sling TV, Sony’s PlayStation Vue and Philo.

In a statement, a FuboTV rep said, “We are committed to continuing to deliver the best of live TV to our customers, as well as an exceptional user experience with 4K streams and premium features.”

As a sign-up incentive, new FuboTV customers as of March 28 will receive a $10 discount on the first month for the base $55 tier while new Fubo Extra subs will get a $5 one-month discount.

As of the end of September 2018, FuboTV said it had nearly 250,000 paid subscribers since launching in 2015 as a sports-centric over-the-top TV service. The company has raised $150 million from investors including AMC Networks, 21st Century Fox and Sky (now owned by Comcast).

FuboTV positions its OTT service as a full-featured cable or satellite TV replacement. It has recently rolled out new features including a beta version of 4K streams, with 4K content coming to the service in the next few weeks from MLB, English Premier League and El Clasico. Fubo also offers “dynamic discovery,” an interface that lets subscribers browse live content via an in-progress preview directly on the home screen.

Other enhancements on FuboTV’s road map: It plans to launch on more platforms starting this spring, including smart TVs; improve personalization and content recommendations; and upgrade cloud library features to let users better manage DVR and video-on-demand content.

More Digital

  • Nancy Pelosi

    Facebook on Defensive Over Fake Pelosi Video

    Facebook faced growing criticism this week over its decision not to remove a video that was doctored to suggest that House Speaker Nancy Pelosi was intoxicated during a recent public event. The video, which has been viewed more than 2.5 million times, had been slowed down notably, giving the impression that Pelosi was slurring her [...]

  • Little-Black-Mirror-Maia-Mitchell

    Netflix Launching 'Little Black Mirror' Spinoff Starring Maia Mitchell, Lele Pons, Rudy Mancuso, Juanpa Zurita and More

    To promote next month’s premiere of “Black Mirror” season 5, Netflix is launching a spinoff of three shorts — “Little Black Mirror,” with a cast that includes an ensemble of Latinx social-media stars. The three “mini-stories,” aimed at Spanish-speaking audiences, will key off the tech-dystopian universe of Charlie Brooker and Annabel Jones’ anthology series. “Little [...]

  • Twitter

    Twitter Permanently Bans Anti-Trump Krassenstein Brothers, Who Deny They Broke Platform's Rules

    Twitter permanently suspended the accounts of Ed and Brian Krassenstein — progressive political activists famous for trolling Donald Trump and his supporters — with the company alleging the brothers used bogus accounts to amplify their reach on the platform. “The Twitter Rules apply to everyone,” a Twitter rep said in a statement. “Operating multiple fake [...]

  • Snapchat

    Snap in Talks to License Music to Let Snapchat Users Embed Songs in Posts

    Snap wants to up Snapchat’s music game. The company has been in negotiations with music companies including the big three — Sony Music Entertainment, Universal Music Group and Warner Music Group — to license song catalogs for the Snapchat app, according to two industry sources familiar with the talks, confirming a Wall Street Journal report. [...]

  • T-mobile - Netflix - John Legere

    T-Mobile Passes Netflix Price Hike Through to Subscribers

    T-Mobile is getting ready to raise prices for subscribers who have taken advantage of its “Netflix On Us” promotion: The mobile carrier will begin charging existing customers who have participated in the promotion an additional $2 per month to account for Netflix’s recent price increase. Consumers will see their bill go up starting on 6/2. [...]

  • Oona King

    Snap Hires Google Exec Oona King as First VP of Diversity and Inclusion

    Snap continues to fill out the ranks of its revamped leadership team: The Snapchat parent tapped Oona King, most recently Google’s director of diversity strategy and a former member of British Parliament with the Labour Party, as its first VP of diversity and inclusion. King, who starts at Snap on June 11, is also the [...]

  • Chrissy Teigen

    Chrissy Teigen to Rule Over Small-Claims 'Chrissy's Court' in Show for Jeffrey Katzenberg's Quibi

    Chrissy Teigen is going full-on “Judge Judy” in a reality show ordered by Quibi, the mobile-video subscription start-up venture founded by Jeffrey Katzenberg. In each episode of “Chrissy’s Court,” the model-influencer will reign as the “judge” over one small-claims case. Like the reality TV shows it’s patterned after, the plaintiffs, defendants, and disputes are real [...]

More From Our Brands

Access exclusive content