Fubo TV could grab five million subscribers in five years

The top executive at Fubo TV says he believes his linear streaming television service could grab anywhere from three million to five million subscribers within the next five years. The statement came in an interview with a CNBC reporter published on Friday shortly after Fubo TV raised its year-end subscriber guidance to around 900,000 after grabbing more than 700,000 paying customers at the end of its most-recent financial quarter. Fubo TV offers dozens of pay television channels with a heavy emphasis on programming packages that includes live sports. The service starts at $65 a month and goes up from there as subscribers add on more channels and features. At a time when many streaming services are looking to break away from traditional cable television channels, Fubo TV thinks there’s a market for people who want to free themselves from the … Read more