Tsangs Group Announces fuboTV Files Registration Statement for Proposed Public Offering
Tsangs Group, a strategic investor to fuboTV (OTCQB: FUBO) is pleased to announce FaceBank Group, Inc. (d/b/a fuboTV) has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed follow-on public offering of its common stock. The offering is subject to market conditions, and there can be no assurance ……read more
Tsangs Group Announces Appointment of Stephen L. Norris as Chair of the Advisory Board
Tsangs Group is pleased to announce that Stephen L. Norris, Co-Founder of the Carlyle Group and former governing member of the Federal Retirement-Thrift Investment Board, has been appointed as Tsangs Group’s Chair of the Advisory Board. As one of the most recognised names in the private equity sector, Stephen possesses substantial experience in financial strategy, providing strategic business ……read more
Tsangs Group Announces fuboTV’s Spectacular Q1 2020 Results and Pro Forma Financials
Highlights for Q1 2020 will include: TOTAL REVENUES: US$51 million, a 78% increase year-on-year (YOY), mainly driven by growth in subscribers, subscription Average Revenue Per User (ARPU) and advertising sales. SUBSCRIPTION REVENUES: increased by 74% YOY to US$46.4 million. ADVERTISING REVENUES: increased by 120% YOY to US$4.1 million. TOTAL STREAMING HOURS: by fuboTV users (paid and free trial): ……read more
Tsangs Group Announces fuboTV Secures Over US$20M of Financing From Credit Suisse Capital LLC
Tsangs Group, a strategic investor to fuboTV (OTCQB: FUBO) is pleased to announce fuboTV has entered into a Purchase Agreement with Credit Suisse Capital LLC to which fuboTV sold 2,162,163 shares of the Company’s common stock at a purchase price of US$9.25 per share, for an aggregate purchase price of US$20,000,007.75. There were no underwriting discounts or commissions. ……read more
Tsangs Group Announces fuboTV and Disney Media Networks Distribution Agreement
Tsangs Group, a strategic investor to fuboTV (OTCQB: FUBO) is pleased to announce fuboTV’s comprehensive distribution agreement with Disney Media Network. This will provide the live TV streaming platform customers direct access to Disney’s lineup of premier news, sports, and entertainment content from ESPN and Walt Disney Television. Previously it lacked ESPN, one of the most requested channels ……read more
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