FaceBank Group, Inc. (d/b/a fuboTV) (OTCQB: FBNK) has announced that its Board of Directors has appointed Edgar Bronfman Jr. to the Board of Directors and has named him Executive Chairman effective immediately, the company said.
As Executive Chairman of the Board, Bronfman will help advise on the strategic direction of the live TV streaming platform. fuboTV intends to uplist to a major stock exchange in the coming months.
Bronfman is both a direct investor as well as an investor in fuboTV through Waverley Capital, a venture capital group he co-founded with Daniel Leff in 2017 to focus on the opportunities presented by disruption in the media industry.
Bronfman, one of the most recognized names in the media industry, is also a Managing Partner at Accretive LLC, a unique firm that specializes in creating companies to solve important problems in large industries, and Executive Chairman of Global Thermostat LLC, a pioneering company designed to develop and commercialize a technology for the direct capture of carbon dioxide from the atmosphere and other sources. He is the former Chairman and CEO of Warner Music, one of the world´s largest music companies.
FaceBank Group, Inc. (d/b/a fuboTV) (OTCQB: FBNK) is the live TV streaming platform with more top Nielsen-ranked sports, news and entertainment channels for cord-cutters than any other live platform.
Continually innovating to give subscribers a premium viewing experience they can´t find with cable TV, fuboTV is regularly first-to-market with new product features and is the only virtual MVPD to stream in 4K. Other industry “firsts” for the company include entering Europe with the launch of fuboTV España in 2018. fubo Sports Network, the live, free-to-consumer TV network for passionate sports fans, launched in 2019 with event coverage, news, behind-the-scenes and exclusive programming.