show 2020 Celebrity

FuboTV Subscribers Up 73% in 2020, Net Loss Balloons to $570.5 Million

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variety.com

Todd Spangler NY Digital EditorFuboTV grew its internet pay-TV subscriber rolls at a rapid clip last year — and it sustained heavy losses to get there.The company ended 2020 with 547,880 subscribers, up 73% year-over-year.

It gained 92,800 net new subscribers in the fourth quarter, an increase of 237% year-over-year.Total net loss for last year was $570.5 million (including a $248.9 million charge for Impairment of intangible assets and goodwill), compared with a net loss of $35.0 million for 2019.

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