FuboTV Reveals Subscriber Metrics, Says 2019 Revenue Surged 96% To $146.5M
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deadline.comBy Dade Hayes Finance Editor 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 10% of what Hulu has recently reported and also puts it behind comparable streaming bundles from YouTube, AT&T and Dish Network, the offering is clearly making some real money.
Fubo said it recorded total revenue of $146.5 million in 2019, up 96% from 2018, and saw streaming hours more than triple. The information came via a shareholder letter Monday from David Gandler, co-founder and CEO, as the
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