started · updated
Fubo TV sees subscriber gains and rolls out new perks under CEO Alisa Bowen
Fubo TV reported a rise in its paid subscriber base to about 5.75 million, an increase of roughly 120,000 customers, during its fiscal third quarter. Revenue grew to $1.48 billion, up 38 % from the prior year’s $1.07 billion, while the net loss narrowed to $25.7 million from $38 million a year earlier. The growth was driven by heightened viewership of the FIFA World Cup and the NBA Finals, and the company credited its migration to Disney’s advertising platform for double‑digit improvements in CPMs and fill rates.
The streaming service also introduced “Fubo Perks,” a benefits program that gives subscribers discounts and access to partners such as The Athletic, Sam’s Club, ESPN Unlimited, FOX, ABC, CBS, NFL Network, Comedy Central, Disney Now, Freeform, beIN Sports, BET, CMT, CBS Sports and VH1. Under new CEO Alisa (Alicia) Bowen, who took the helm last month, Fubo outlined priorities that include flexible pricing, expanded content, new distribution partnerships and further investment in technology and AI. The company continues to integrate its live‑TV offering with Hulu + Live TV within the Disney ecosystem.
Entities
Alisa Bowen · Disney · ESPN · Fubo TV · Hulu Live TV
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Migration of Fubo's advertising inventory to Disney's ad server resulted in double‑digit increases in CPMs and fill rates compared with the prior year. www.thewrap.com
- [○ 1 SOURCE] Fubo TV launched a benefits program called “Fubo Perks” offering discounts and access to services such as The Athletic, Sam’s Club, ESPN Unlimited, FOX, ABC, CBS, NFL Network, Comedy Central, Disney N cordcuttersnews.com
- [○ 1 SOURCE] Fubo TV integrated its live‑TV offering with Hulu + Live TV as part of the Disney ecosystem. www.thewrap.com
- [● 2 SOURCES] Total revenue for Fubo TV in fiscal Q3 was $1.48 billion, up 38 % from $1.07 billion a year earlier. thedesk.net · www.thewrap.com
- [● 2 SOURCES] Fubo TV's net loss narrowed to $25.7 million in fiscal Q3 from $38 million a year earlier. thedesk.net · www.thewrap.com
- [● 2 SOURCES] Fubo TV's subscriber base increased by about 120,000 to 5.75 million paying customers in its fiscal third quarter. thedesk.net · www.thewrap.com
- [● 2 SOURCES] The FIFA World Cup and NBA Finals contributed to subscriber gains for Fubo TV in its fiscal third quarter. thedesk.net · www.thewrap.com
- [● 2 SOURCES] Alisa (Alicia) Bowen was appointed CEO of Fubo TV in the month preceding the earnings call. thedesk.net · www.thewrap.com