Markedly, fuboTV ended 2020 with 547,880 paid subscribers, up 73% year over year. The ability to stream a broad mix of more than 100 live channels - including 42 of the top 50 Nielsen-ranked networks across sports, news and entertainment - is expected to aid subscriber growth in the near term. fuboTV capitalized on this tailwind in 2020 with strong subscriber growth and the trend is expected to continue in 2021.

Notably, 1.465 million customers cut the cord from traditional pay TV in the fourth quarter. Fubo Sportsbook aims to create a comprehensive sports and entertainment experience through sports betting and interactive gaming.Īccording to fuboTV, streaming services continue to replace cable in American households. fuboTV intends to leverage its own proprietary technology and Balto’s contest automation software to launch a free-to-play gaming offering.Īdditionally, fuboTV is planning to add interactivity to its streaming experience with the launch of a predictive free-to-play gaming app in third-quarter 2021.įurther, Fubo Gaming - a subsidiary of fuboTV - expects to launch Fubo Sportsbook by 2021-end, subject to obtaining requisite regulatory approvals. In fourth-quarter 2020, fuboTV acquired Balto Sports, marking the company’s foray into the online sports wagering market. fuboTV also has more regional sports networks in its base package than any other live TV streaming platform. Markedly, fuboTV is the only virtual multichannel video programming distributor streaming in 4K, including 11 Thursday Night Football games this season and the recent 2020 World Series from FOX.

Quote fuboTV Focuses on Expanding Sports Streaming Offerings

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