News Formal

Fubo Reaches 1.2M Subscribers in North America and Sees “Green Shoots” in Ad Market

  • 📰 THR
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

“We are very encouraged as green shoots in July indicate an advertising rebound and a sizable ad recovery for the back half of the year,” said CEO David Gandler.

saw subscriber and advertising growth in its second quarter, as price increases and sports demand bolster its results.

In North America, the streaming platform saw total subscribers grow to 1.2 million, up 23 percent from the 947,000 a year ago. Revenue in North America reached $305 million, up from $216.million, with the 45 percent increase attributed to price increases at the beginning of the year and the addition of regional sports networks.

Advertising revenue in North America grew 5 percent year over year, with the company citing the growth despite continuing headwinds across ad budgets. Still, the company expects to see greater growth in the back half of the year.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 411. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Altice USA Loses 68,000 Video Subscribers as Quarterly Earnings FallThe cable operator, led by Dennis Mathew as CEO, shrunk its video losses from a year-earlier loss of 85,000 customers.
مصدر: THR - 🏆 411. / 53 اقرأ أكثر »