![]() The company exceeded the mid-point of the Q4 subscriber growth expectations by 80,000 and revenue guidance by US$32 million. The streamer passed the revenue milestone of US$1 billion for the first time. US-based sports-themed streamer FuboTV this week posted its latest financial results, and despite elements of these being broadly quite impressive, doubts remain about the long-term viability of Fubo and other sports streamers.įirst, the impressive part. Co-CEO Ted Sarandos reiterated during the company’s most recent earnings call that that “we haven’t been able to figure out how to deliver profit in renting big league sports in our subscription model”. The reluctance of Netflix to involve itself in sports is well documented. Huge question marks remain over the viability of sports-themed streaming. ![]() ![]() ![]() But making a go of a premium sports streaming business is perhaps the most obstacle-strewn path of all. Making it pay is vastly more challenging. Getting a streaming business up and running is not a straightforward exercise. ![]()
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