Sky Invests $6 Million in fuboTV Live Sports OTT Video Service

Sky invested $6 million in fuboTV, a U.S.-based video streaming service that provides “a premium, over-the-top bundle” of sports TV channels, Sky said in a Thursday announcement. Though it launched just a little more than a year ago, fuboTV “has quickly become the second largest aggregator and distributor of linear OTT sports content in the U.S., growing to more than 40,000 subscribers,” Sky said. The service is available in English, Spanish and Portuguese through a range of platforms and devices, and has landed U.S. distribution deals with TV channels that hold rights to major worldwide sporting events, including live soccer matches from more than half of the leading international leagues and tournaments, Sky said.