![]() It's against this ho-hum backdrop that fuboTV delivered strong results late last week. We're nowhere close to the leading premium streaming services with nine-figure global audiences. ![]() FuboTV has just 1.285 million paid subscribers, but even the largest player - Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube TV - has struggled to grow to 5 million accounts. Programming costs are prohibitive with all of the network licensing deals, and cutthroat pricing makes this a challenging niche to run profitably. Live TV streaming platforms are great for consumers, but investors haven't been as fortunate. You can continue to access the same dozens (if not hundreds) of local networks and national media channels that you did before in real time, coupled with the convenience of easily stopping or restarting the service without cumbersome hardware installations. Going into overtimeĬord-cutting is real, and the appeal of a live TV streaming service is natural for former cable and satellite television customers. Let's take a closer look at last week's encouraging report, as well as what the growing but deficit-riddled media provider will need to do in the year ahead to win back the market's attention and respect. Putting up better-than-expected financial results is always appreciated, but fuboTV can't stop there if it wants to earn a victory lap.
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