Fubo TV Beats Q3 Expectations Amid Legal Battle with Media Giants

The streaming service narrows losses and increases revenue while challenging a rival joint venture from Disney, Fox, and Warner Bros. Discovery.

Fubo TV reported third-quarter revenue of $386 million, surpassing analyst expectations with a 20% year-over-year increase.
The company's net loss decreased significantly to $54.7 million, down from $84.4 million the previous year.
Fubo's subscriber base grew by 6% to 1.99 million, although the pace of growth slowed compared to last year's 43% revenue increase.
Despite strong financial results, Fubo's stock fell by about 10% due to investor concerns over growth and market competition.
Fubo continues its legal fight against the Venu sports streaming joint venture, with a trial scheduled for October 2025, bolstered by potential support from the DOJ and New York State Attorney General.