FuboTV today announced preliminary fourth-quarter 2021 results, with the total number of subscribers at the end of the year expected to exceed 1.1 million. That’s up more than 100% year over year — which considering to the seasonal nature of streaming in general and FuboTV specifically due to its strong lean toward live sports — is the measurement the company prefers over pure quarterly numbers.
The major increase for FuboTV in 2021 is in the first half of the year. The streaming service, which has prices and channels comparable to the much larger players in the space, ended the first quarter with about 590,000 subscribers. It reported 681,721 subscribers through June and then eclipsed the 1 million mark in November.
The company isn’t yet profitable, but co-founder and CEO David Gandler said the company is still headed toward making money.
“FuboTV’s strong preliminary fourth-quarter 2021 results close out a pivotal year where we made meaningful advancements against our mission to define a new category of interactive sports and entertainment television,” David Gandler, co-founder and CEO of
The preliminary fourth-quarter numbers also show revenue between $215 million and $220 million — up between 105% and 109% year over year. Revenue for the entire year is now expected to be between $622 million and $627 million, or between 138% and $140% year over year.
While the growth is great for
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