When fuboTV reported its second-quarter earnings on Thursday, the company revealed that it had shed 109K subscribers to push its user base below 1 million customers. While seasonal churn is to be expected for the sports-focused streamer without football and as the NBA and NHL seasons wind down, the continued decline for Fubo is a concern for company executives.
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In a call with analysts after the report was published, co-founder and CEO David Gandler revealed that the live TV streaming service was planning on making a pair of strategic pivots in its business plans in hopes of jump starting its momentum.
fuboTV Plans to Continue Adding Free Channels; Reexamine Sports Betting Business
