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fuboTV losses continue despite record 2021 revenue

24th February 2022 11:48 am GMT
Fubo Gaming Cleveland Cavaliers

New York-listed live TV streaming platform and sportbook operator fuboTV has seen total revenue soar by 144 per cent to a record $638.4m in 2021, buoyed by the company's expansion into sports betting.

fuboTV benefited from a record performance in the final quarter of the year as total revenue grew to $231m, including a record $26.1m from advertising revenue. Total paid subscribers in the US surpassed 1m, an increase of 114 per cent since the company’s [...]

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