Robert Eckelman

Nov 11, 20201 min

Here is something in the CTV space you can bet on. Fubo TV considering offering sports betting.

Updated: Nov 12, 2020

Q3 2020 CTV | OTT Better than ever. Some cool things to come.

Fubo had a fantastic quarter and believes they will capitalize on the following

1, The secular decline of traditional TV viewership,

2, The shift of TV ad dollars to connected TVs

3, Sports wagering, a market Fubo intends to enter.

FuboTV is a sports-heavy skinny CTV Bundle. (Not to worry if you are not a hardcore sports fan, they have a full lineup of quality networks. Fubo already has a partnership with FanDuel and an interactive connection so this could happen.

see attached articles

Fubo FanDuel

https://tcrn.ch/2UgWR1h

Fubo Q3 Earnings

https://bit.ly/2UjvK5Y

https://bit.ly/3kp8M7Q

3rd Quarter 2020 was strong from many in the streaming space.

Fubo- Subscription revenue 64% higher | Advertising revenue 153%

Roku revenue up 73%

Trade Desk revenue up 32%. (I think CTV revenue was up 100%)

Tubi 33 million active users

Pluto 24.8 million active users

Sling, YouTube TV, Philo all add subscribers to their skinny bundles

CTV | OTT always getting better for Viewers and Advertisers.