By Todd Spangler NY Digital Editor Edgar Bronfman Jr., former chairman/CEO of Warner Music Group, has been appointed executive chairman of FuboTV, the over-the-top TV and virtual entertainment tech company.
The new FuboTV is the result of the merger of FuboTV and Facebank Group, which closed April 2. FuboTV launched its internet pay-TV service in 2017, and had about 290,000 subscribers at the end of last year, per Cowen & Co.
estimates. Meanwhile, Facebank develops “hyper-realistic digital humans,” based on the likenesses of celebrities and sports stars.
Bronfman, who also has been named to FuboTV’s board of directors, will help advise the company on the strategic direction of the live TV streaming platform.
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