![]() ![]() Meanwhile, the company's stock price keeps cratering, falling to around $10 a share on the Nasdaq as of Friday.īad news specific to fuboTV aside, churn is an endemic problem for all OTT services, which are typically as easy to quit as they are to sign up for. In fact, fuboTV reported a net loss of $274.1 million in the third quarter. FuboTV announced late last year that it has surpassed 1 million subscribers, and third-quarter revenue once again broke company records at $156.7 million.Īlso read: FuboTV Reports Loss as It Makes Sports Betting Plansīut as the company, which went public in 2020, continues to build out infrastructure to tie its ample sports programming to sports betting, losses have remained high.
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