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Why Is FuboTV Stock Gaining Thursday?

Benzinga·
Why Is FuboTV Stock Gaining Thursday?

FuboTV stock rose after announcing a new distribution agreement with NBCUniversal, ending an eight-month carriage dispute. The deal restores NBCUniversal's sports, entertainment, and Spanish-language channels to Fubo's platform, strengthening its sports-focused streaming offering ahead of major sporting events. The agreement removes a significant content-related overhang for the company.

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