FuboTV revenue rises 78 per cent in Q1

US sports-focused streaming service and channel aggregator fuboTV posted a 78-per-cent increase in overall revenues during its fiscal first quarter, thanks to spikes in subscriptions, advertising sales, and viewing time.

Revenue totaled $51m for the three months ended March 31, with the vast majority coming through subscriptions, which climbed 74 per cent to $46.4m. Meanwhile, ad sales climbed 120 per cent to $4.1m.

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