Transformative Combination with Hulu + Live TV
The combination of fubo and Hulu + Live TV forms one of the largest live TV streaming services in America, with nearly 6 million subscribers in North America, making fubo the sixth largest pay TV company.
Record Third Quarter Performance
Fubo ended the quarter with 1,630,000 paid subscribers in North America, the strongest third quarter performance to date, and $369 million in total revenue. This includes a 1.1% increase in subscribers year-over-year.
Second Consecutive Quarter of Positive Adjusted EBITDA
Fubo achieved meaningful improvements in both net loss and adjusted EBITDA, with a positive adjusted EBITDA of $6.9 million, marking the second consecutive quarter of positive adjusted EBITDA.
Significant Churn Reduction and Improved Trial Conversions
Trial starts increased, conversions from trial to paid improved year-over-year, and churn declined nearly 50% versus last year.
Expansion of Product Offerings
The introduction of fubo Sports skinny service, expansion of pay-per-view, and the fubo channel store contributed to growth, with the skinny bundle driving record trial conversions.
Advertising Revenue Growth Potential
Despite a 7% year-over-year decline in advertising revenue, demand indicators remain strong with upfront commitments for the 2025, 2026 cycle up over 36% versus last year.