Sports-first live TV streaming platform FuboTV announced its financial results for the second quarter ended June 30, 2023, and raised its previously stated full year 2023 guidance for North America.
FuboTV announced that Lynette Kaylor has been appointed Senior Vice President of Advertising Sales. She will lead Fubo’s North American sales strategy and ad operations as well as manage the company’s sales team.
Maximum Effort Productions, a production company co-founded by Ryan Reynolds and George Dewey in 2018, and FuboTV, the sports-first live TV streaming platform, announced a first-look deal for unscripted content.
FuboTV ended last year with 1.13 million total paid subscribers, up 106% from the prior year, and it added 185.000 net subscribers in the fourth quarter.
Streaming pay-TV provider FuboTV reported its second quarter results, showing a gain of 91.000 subscribers compared with the year-ago quarter, far better than Wall Street analysts’ 12.000 subscribers’ expectations.