| Market Capitalization (Millions $) |
3,455 |
| Shares
Outstanding (Millions) |
307 |
| Employees |
530 |
| Revenues (TTM) (Millions $) |
3,880 |
| Net Income (TTM) (Millions $) |
-52 |
| Cash Flow (TTM) (Millions $) |
197 |
| Capital Exp. (TTM) (Millions $) |
13 |
Business Description
Were a sports-first live TV streaming service that gives customers access to tens of thousands of live athletic events each year, as well as the latest news and entertainment. Our platform, fuboTV, allows clients to watch content on SmartTVs, mobile phones, tablets, and laptops via streaming devices.
Live TV streaming has disrupted the traditional pay TV model (linear video received through cable or satellite providers for a paid subscription), which we refer to as 'Pay TV.' This disruption has shifted billions of dollars in subscription and advertising revenue to streaming platforms. The number of cable TV cord-cutting households (those that terminate their cable or satellite subscription) and cable TV cord-never households (those that have never subscribed to traditional cable or satellite) continues to accelerate in the United States, as cable and satellite subscribers increasingly favor the streaming experience. As consumers continue to spend more time streaming content, we also believe that advertisers will allocate more dollars away from traditional linear TV advertising spend and towards streaming services. Yet, despite being a growing share of TV consumption, streaming is still in the early stages of adoption. We believe this creates a significant opportunity for us to capitalize on the cord-cutting movement.
Company Address: 1290 Avenue of the Americas New York 10104 NY
Company Phone Number: 672-0055 Stock Exchange / Ticker: NYSE FUBO
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98.99 %