Fubo TV brings more subscribers and income, but still loses a lot of money. On the eve of the proposed confluence of Hulu + Live TV, transmission broadcasts Raised Its subscriber calculates about four percent in the 4th quarter of 2024, and a quarterly income of eight percent compared to a year earlier. And hey, it lost only about $ 41 million in the quarter, so everything is not too worn!
The streaming service ended with a 4 -quarter with 1.676 million paid subscribers. This is compared with 1.61 million in the third quarter and 1.45 million in the second quarter, so the company does something directly when attracting new customers. The total revenue also increased: almost 1.59 billion dollars. USA for a year (19 percent compared to 2023) and $ 433.8 million. USA per quarter (an increase of eight percent from 4 quarter of 2023). Not too worn!
But Fubo loses a lot of money – a little less than before. During the year, he published a net loss of almost $ 178 million, more than enough to ruin most people and small or medium -sized enterprises. But since this is corporate America, everyone is watching there, champion! This is because Fubo improved its losses by more than $ 115 million compared to a year earlier.
The company goes to some big changes. In anticipation of the approval of shareholders and regulatory bodies of Disney will Buy 70 percent share in the company And combine it with Hulu + Live TV. This deal will create a new organization to manage two brands, although the plan is to continue as separate services (at least at first glance).
Fubo, perhaps, is the best lively television service for sports, but he still has several noticeable missing works. To begin with, you will not find any Warner Bros content. Discovery. This means that subscribers will miss a bunch of NBA games (before TNT with the league expires At the end of the season) and MLB games on TBS.
It is also recently Increased his priceswith the cheapest plan entering $ 85, slightly More than YouTube TVField as a traditional cable, this Shooting to replaceOn live, streaming television is becoming an increasingly hot mess.