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Streaming sports service fuboTV raises $75 million led by AMC

Days after Disney-owned ESPN launched its new streaming service, ESPN+, a three-year old streaming TV service for sports fans, fuboTV, is announcing the close of $75 million in Series D funding. The round was led by new investor AMC Networks, and includes existing investors 21st Century Fox, Luminari Capital, Northzone, Sky, and the former Scripps Networks Interactive, which was recently acquired by Discovery, Inc.

FuboTV has been working to carve out a niche for itself in the streaming TV market, where a number of competitors are delivering television programming to cord cutters by way of the internet.