NEW YORK—FuboTV has announced strong growth in subscribers and revenue, with paid subs hitting 946,735 in Q2 2022, up 41% from a year earlier.
Q2 2022 paid subs also showed a significant growth from Q1, 2022, with 274,000 new subs added in the quarter.
“In the second quarter, FuboTV achieved strong growth in subscribers and revenue, with North American subscriber growth of 41% year-over-year and total revenue growth of 65% year-over-year,” said David Gandler, co-founder and CEO, FuboTV who added that ad revenue was also up, growing 32% from a year earlier.
The company also reported that its streaming business in the rest of world (France, Spain) closed the quarter ahead of expectations with approximately 347,000 total paid subscribers and $5.8 million in total revenue.
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George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.