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FuboTV to launch in Spain

US OTT streaming platform FuboTV will expand into Spain with the launch of FuboTV España in its first international move out of North America.

Reuters has quoted chief executive and founder David Gandler as saying that the move was due to the potential demand for a low-cost OTT platform due to high piracy rates, and a strong soccer culture in the market. FuboTV España will initially launch with 13 Spanish-language channels and will cost €3.99 ($4.55) per month.

FuboTV currently streams a wide range of sports content in the US, including several domestic leagues (the NBA and the NHL), and international football leagues such as England’s Premier League, Germany’s Bundesliga, and Spain’s LaLiga.

In a recent round of funding for FuboTV, the company raised a total of $75m from a total of six investors: Sky; Scripps Network; Northzone; Luminari Capital; AMC Networks (Lead investor); and 21st Century Fox.