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“As the shift of viewing from traditional pay TV accelerates, our differentiation in the marketplace - sports-focused programming, a tech-first and data-driven user experience and the planned integration of wagering and interactivity - firmly positions the company strongly for long-term growth,” said Edgar Bronfman Jr., executive chairman, fuboTV. We see this trend continuing to accelerate as more consumers discover they can cut the cord without losing access to the sports teams, live channels and content they love.”

We believe they are choosing fuboTV, enticed by superior value, our year-round content offerings and a customer-centric, innovative consumer product experience relative to legacy pay TV (cable / satellite / telco). This tells us that consumers are increasingly cutting the cord.

“For the first time in any first quarter, we reported sequential revenue and subscriber growth, despite past seasonality trends. “The first quarter of 2021 was an inflection point for fuboTV,” said David Gandler, co-founder and CEO, fuboTV. The quarter marked the first time fuboTV achieved sequential subscriber and revenue growth in any first quarter, despite seasonal trends.Ĭomplete first quarter 2021 results are detailed in fuboTV’s shareholder letter available on the company’s IR site.įuboTV also increased revenue and subscriber guidance for the full year 2021. The company closed the strongest first quarter in its history, delivering better-than-expected growth in subscribers (590,430, up 105% year-over-year, including 43,000 net additions in the quarter), total revenue ($119.7 million, up 135% year-over-year) and advertising revenue ($12.6 million, up 206% year-over-year). (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the first quarter ended March 31, 2021. Live TV Streaming Platform Also Increased Ad Revenue 206% to $12.6M YoYįuboTV Inc.