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
Fubo Q3 Earnings
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.
