Football season is Fubo season, as the live TV streaming service’s latest quarterly earnings report makes clear. Fubo reported its third quarter 2024 earnings on Friday, Nov. 1, and in the process revealed that it had picked up 142,000 subscribers during the quarter, landing at 1,991,000 million an increase over its second-quarter total of 1.849 million. Fubo’s North American customer total now numbers 1.613 million a year-over-year increase of 9%.
Get Your First Month of Fubo for Only $74.99 (normally $95) after your Free Trial.
Turning to financial matters, Fubo increased its North American average revenue per user (ARPU) to $85.64 by the end of the third quarter, an increase of 2.5% over the corresponding quarter in 2023. Total North American revenue increased 21% year over year to come in at $377 million. The company continues to target profitability in 2025.
Has Fubo Made Progess in its Case Against Venu Sports?
Fubo is still in the preliminary stages of an antitrust lawsuit against Venu Sports, but it has scored a very big win in the case already. Fubo has won a preliminary injunction against Venu, which means the streamer cannot be sold to customers until it either wins an appeal to have it lifted, or it wins a jury trial against Fubo.
The appeals process is now underway, and if the injunction is lifted Venu may be able to start making its way to customers in January. Fubo has always maintained it would suffer irreparable harm if Venu were to hit the market, as it fears a mass customer defection.
Fubo has continued to change up the channel plans it provides, introducing the “Elite with Sports Plus” and “Deluxe” packages in August. Fubo has also begun allowing customers to sign up for sports-themed subscriptions like FanDuel Sports Network, NBA League Pass and others without the need for a base channel package.
The service has also made a big update to its multiview feature, allowing customers who stream on select Roku devices to watch multiview on their TV screens for the first time. Fubo has a clear dedication to serving fans top sports content, using advanced features and packed channel lineups.
Fubo
Fubo is a live TV streaming service with about 90 top channels that start at $79.99 per month. This plan includes local channels, 19 of the top 35 cable channels, and regional sports networks (RSNs). In total, you should expect to pay about $94.99 per month, after adding in their RSN Fee. Fubo was previously known as “fuboTV.”