FuboTV Expects 1.5M Subscribers in '22 but Sees Q1 Seasonal Dip
FuboTV reached 1.3 million paid subscribers globally in Q4, up 106% from the prior-year quarter, said the company’s Wednesday shareholder letter. The virtual MVPD expects the Q1 subscriber count to be 1.028 million-1.033 million subscribers due to seasonality, it said.…
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For the year, it forecast 1.5 million subscribers in North America and revenue of$1.08 billion-$1.09 billion vs. $638 million in 2021. Q4 revenue was $231 million, $230 million without the contribution from French streaming TV platform Molotov, which fuboTV acquired last fall (see 2112080030), it said.