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FuboTV Revenue Rises 78%, With Subscriber Levels Up 37%, In Pro Forma Q1 Results
FuboTV posted a 78% rise in revenue during the first quarter, driven by growth in subscriptions, ad sales and viewing time.
The results came via a pro forma filing of results for the quarter ending March 31 by FaceBank Group, whose acquisition of Fubo closed on April 1. Shareholders have approved a proposal to change…
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By Dade Hayes
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1 Comments Comment on FuboTV Revenue Rises 78%, With Subscriber Levels Up 37%, In Pro Forma Q1 Results
FuboTV Reveals Subscriber Metrics, Says 2019 Revenue Surged 96% To $146.5M
FuboTV, the five-year-old streaming bundle that is now owned by FaceBank Group, revealed a range of viewership statistics and a sharp uptick in 2019 revenue as it prepares to start trading on a major stock exchange.
As of the end of last year, Fubo had 315,789 paid subscribers, up 37% from 2018. While that’s not even…
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By Dade Hayes
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Live Streaming Service FuboTV Names Edgar Bronfman Jr. Executive Chairman
Edgar Bronfman Jr., the former head of Warner Music and before that a top exec at Seagram and Vivendi Universal, has been appointed executive chairman of fuboTV.
The live streaming bundle, which recently was acquired by FaceBank Group, said Bronfman will help advise on strategic direction. One key upcoming…
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By Dade Hayes
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