Cord-cutting to reach 72 percent in U.S. by 2025, report says
Cable access revenue to drop 60 percent by 2028, the report by Convergence Research claims.
Fubo TV is sports-centric media company that operates the Fubo streaming cable TV alternative, which focuses primarily on live sports content from the MLB, NBA, NFL, NHL, MLS and international soccer leagues. Fubo also offers general entertainment, movie and news channels from major national and international programmers.
In addition to Fubo, the company operates the Fubo Sports Network. Fubo TV is based in New York City.
Cable access revenue to drop 60 percent by 2028, the report by Convergence Research claims.
The football event will be broadcast on ABC, ESPN and NFL Network, and widely available on streaming services.
The compensation package included a 3 percent cost of living adjustment, as well as a performance-based bonus for meeting key revenue and subscriber growth metrics.
Fubo TV will close the chapter on its sportsbook business this June when its shareholders vote to remove gambling-related provisions from its articles of incorporation.
The finals will be available on ABC, ESPN, TNT and NBA TV this year, which are carried on a wide variety of afforable streaming TV services.
Fubo has restored dozens of local CBS affiliates following a new agreement with the CBS affiliate board and Paramount Global.
Fubo’s deal with Major League Baseball will make in-market and out-of-market games available to subscribers of the streaming cable TV alternative.
Fubo TV says its regional sports fee isn’t considered a “hidden fee,” even though the fee isn’t clearly advertised to customers.
The per-share price of streaming television service Fubo TV dipped below $1 for the first time in the company’s history on Monday.
The CBS affiliate board has signaled a willingness to make a deal that could restore stations to Fubo TV and keep them on other services.