FuboTV Completes Purchase of French Live TV Streamer Molotov

December 9, 2021 |Mergers & Acquisitions

FuboTV closed its buy of French live TV streaming company Molotov, it said Wednesday. Molotov will continue to be based in Paris and be led by founder JeanDavid Blanc, who was named president, reporting to fuboTV CEO David Gandler. Molotov brings to fuboTV’s international business a freemium model that it hopes will help drive upsell opportunities for premium add-on channel packages, said the virtual MVPD. Molotov operates in France, Burkina Faso, Ivory Coast, Senegal and Cameroon and expects to launch soon in the Congo; it operates in Morocco through a partnership with Maroc Telecom. The deal was originally expected to close in Q1 (see 2111100003).