FUBO - Earnings call 3 2023

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Operator

Ladies and gentlemen, thank you for standing by. My name is [ Sherell ], and I will be your conference operator today. At this time, I would like to welcome everyone to the Fubo Q3 2023 Earnings Call. [Operator Instructions] I would now like to turn the call over to Alison Sternberg, Senior Vice President of Investor Relations. Please go ahead.

Alison Sternberg

us Fubo's joining quarter for you to third discuss XXXX. Thank Co-Founder today of of is me and Fubo. David CFO With Janedis, Gandler, CEO John Fubo and Full our which can commentary found on additional earnings details Relations and ir.fubo.tv. be results section Investor in of release shareholders, available at our management to letter the of our website are and

quarter and with the Q&A. David is presentation. strategy, we Before some remarks will financials of brief format cover begin, year analysts the let we and me today's over and on John and guidance. for the to to the Fubo will quickly start full call review the going turn Then

assumptions. with are that include basis, our are and today I from our and plans, forward-looking we in materially continuing those regarding discontinued statements a results as discussed but financial results segment, forward-looking filings laws, actual would Important operations. guidance to discussion including, profitability. strategy everyone are the financial following performance, excluding gaming limited forward-looking to business federal the may could and statements accounted SEC. certain noted, statements the the which statements to, and Except condition, presenting otherwise results our factors operations securities historical like not of contain trends on expectations These anticipated the risks, subject uncertainties differ regarding to meaning remind industry that within cause of consumer and are the former for as

GAAP also in earnings which website non-GAAP measures With on the of is non-GAAP at XXXX call, over David. During to are shareholder I financial to turn also available comparable measures. directly available to we will the the Reconciliations QX that, letter, our certain call may refer ir.fubo.tv. our most these measures

David Gandler

XXXX good morning, you Fubo's to today discuss and joining third Alison, appreciate We us results. everyone. quarter you, Thank

million and up first Fubo's very results, show pleased leading which year-over-year our subscribers, of believe sports XX% continue XX% North strength up In X.XXX America, record quarter, total the a are year-over-year. aggregated third product delivered the revenue, content in to in $XXX We paid and million features. with we we

XXXX are growth in our continued are pleased trends million representing full $X.XXX ad midpoint of noted acceleration sales an focus earnings already business. Our America million an our on in continues We to at X.XXX XXXX our in as growth call subscribers, quarter, successful us our billion to favorably direct ad the We in on North year-over-year American business performance. American guidance ad a we to that the of period revenue year. expanding raising increase total and year-over-year we half back growth and moving alongside expected XX% last the that trajectory our to same delivered X.XXX revenue, of programmatic Therefore, Fubo's year last compared paid the would are result confidence the direction. North at that $XX.X market the XX% grow million North XX% during $X.XXX representing experience million in to gives midpoint.

continue significant strong key our make our In also goal. progress addition to metrics, results cash we positive across performance XXXX towards flow to

basis and million a and healthy The subscriber-related percentage revenue or unit $XX as a expenses by We point to a SRE on result XX%. continued loss in usage cost improvement net our third cash in as reduction reduced focus year-over-year quarter marked meaningfully economics delivered of XXX of discipline.

we to operating $XXX the fund X% believe our year as year-over-year our improvement. plan we gross with have We progress margin restricted closed cash basis sufficient XXXX Additionally, XXX current equivalents and cash, we in and cash, million towards point call. reached and liquidity

following called the from have it space the back the and TV creation a stated Charter-Disney aggregation. The the third shift Since with would during dispute. have of point industry to XXXX, quarter we distribution quarter that true in models of recently, inflection Great streaming the industry many unbundling Rebundling. first see content the content a experienced cable of The new More

been X.X years last in content steadfast and providing and the bundling while this monetizing extract media to a consumers that position sports over can are way have path companies We profitable value the is confident portfolios best contracts. their

entry-level it of we to virtual super to towards fast full will plus skinny tier platforms AI package or services further, start step bundle content shift and a at premium Going in multiple price to will mean personalized ways and points. streaming multiple meaning to This believe an deliver distribution contributing AVOD experience. with, course, MVPD industry of to the channels aggregation, consumers a different bundle could a the comprised

is aggregator, well a to are our on super way. goal and Fubo's be we

offering, diverse aggregated Our with that app customized sports is is users. first and single entertainment programming a delivered coupled news our through to

on focus creating We advantage we with an to in and more expect like Fubo features product our experience MultiView XK personalized streaming. deliver must-have as did technology we even

user allow our which events technology road and sports on DVR their apps. recorded playlists, is most on such will AI First of view select our ] the live [ to video proprietary the map leveraging important moments

compelling from gateway this believe from streaming Fubo that through delivered Just the scoring or proposition, a game make recorded it's experience content recorded to the all drives We the football basketball value shots will personalized aggregated a a television. X-point game.

you, to business of market than XXXX In summary, with for third positive confidence partners consumers, us flow our our our more our will dynamics provide Fubo's and goal shareholders. evolving that provide cash value quarter content ever model and, and results, course, progress distribution

greater now CFO, our discuss to will in to Janedis, detail. turn results financial John? I John call over the

John Jenadis

and David, morning, you, good Thank everyone.

represents of growth XX% across subscriber a that meaningful the the ability against upside our America North experienced XX% over the of of our from healthy line momentum year, of in half many providing quarter first third midpoint revenue we revenue with the quarter across The improvements KPIs for guidance. revenue revenue XX% confidence resulting our World. $XXX.X furthers us the to and driven to Total and million, growth profitability. increased including XX% top in and growth, achieve QX a This by Rest

We third million subscribers and year-over-year. XX% America, the growth of ended representing quarter XX% X.XXX the Rest over World, in growth in subscribers XXX,XXX representing year-over-year with North

America the an in in monetization On while ARPU ARPU all-time ARPU the our allowed Growth of reached Rest and high, North $X.XX. exceed subscribers $XX.XX, front, guidance. of QX us World to was midpoint

with many North year to the continued period. Turning to revenue advertising ability prior America, facing, am increase our challenges $XX.X advertising. I million versus deliver pleased in Despite across advertising are XX% businesses a the

reduction of efficiencies. a a resulting a loss of These million, efforts to year lowering in of in demonstrating loss $XX expenses profitable. X%, growth increasing a material year-over-year the point the Importantly, on in our negative period, XX.X% loss making we net $XX.X a to top margin progress XX% are margin. and by make negative gross that operational million loss continue margin business gross of becoming net comparing towards our in progress XXX goal The and to fourth in basis quarter favorably across positive statement net resulted to line to near improvements prior improvement to the led marking and meaningful consecutive we margin the side income improvement

the loss per $X.XX $X.XX, quarter third third a of compared a a XXXX. loss improvement significant of quarter to share XXXX to led in This of

improvement a of of to significant a EPS to million a year the compared third loss the period. while XX.X%, EBITDA $X.XX, in of XX.X% also in in adjusted an an loss improvement an loss improved loss compared loss from $X.XX margin $XX.X EPS adjusted minus prior of of quarter $XX million This XXXX. adjusted in was XXXX, Third EBITDA minus to quarter resulted QX adjusted

the invest business and profitability, it in balance and cash. ending support As relates we $XXX quarter equivalents of believe necessary to liquidity our cash, sheet, path the our restricted continue the to with to cash million we have to

cases, cash. efforts percentage demonstrate we as ongoing resulted efficiencies the a results and free to these expenses, have noteworthy down identify on well million our across all made the progress cash a as a In investments of have basis in dollar Further, across in addition, as David business remain our and mentioned, in leverage which operating maximize deployment improvement $XX flow. as revenue in of disciplined of our some and come we

to optimize on line, As of to period. revenue QX in we versus see SRE continued year decreased pricing, subscribers continue the leverage expect our XXXX to prior XX% we the grow XX% to which from

turning Now to guidance.

For our the full raising guidance once year again for XXXX, are we America. North

million, the year-over-year representing we XX% the We expect million to million expect XXXX to year-over-year subscribers XXXX fourth year-over-year representing midpoint. $X.XXX and X.XXX the revenue midpoint. In X.XXX at midpoint growth growth year full revenue million, $XXX growth at XX% at billion billion, year the quarter, $XXX $X.XXX representing full of XX% of to of

and that at year-over-year at $XX now count guidance midpoint. the XXXX X% year year-over-year full million growth XXX,XXX Note prior expect was the our year of we Cup. $X.X XXXX revenue our representing to quarter, the $XX decline In growth XXX,XXX World, representing million positively XX% of fourth of midpoint $X.X a XX% World representing year-over-year subscribers, impacted at Rest For projects to the revenue subscriber million, to midpoint. the million, by

deliver facet initiatives further In are necessary improve operational improving business to and the and we and of like every and transforming position and gaining quarters few has actions evidence shareholders. I to enacted open foundation results the over enhanced questions. XQ that our believe value are to call to confident we driving the summary, are our past Fubo further business. now go-to-market would to the trends, These provide grow we us momentum have our across

Operator

Khajuria Your Instructions] Shweta [Operator with question line first the of Evercore. from comes

Shweta Khajuria

then finally, you to on perhaps are commentary all? commentary impact on [intra-quarter.] and advertiser from at financial the War if impact any And trends please sentiment, different what any comment any growth verticals, hearing? the seeing overall that thoughts degree in last Could year. So are revenue or CPG different versus you then revenue how comment or auto versus at services? at And ad any trend And you on from the you Israel all, brand month-over-month seeing on can and on sentiment travel any

John Jenadis

I'll lot is There's a start. this Shweta, there. John. Maybe

So please come maybe to miss anything, the categories, on in let free go me I'll back. But chronological if feel I reverse order. start

it, For garden retail we XX% a XQ say or, digit, double quarter, the I you e-com, say. strong up prepared actually so Auto I for comments and the pharma. -- and is up put that call within solidly should up on the strong remarks, categories stronger is is the mid-single Home third growth. made would to

e-com retail to On tech financials call and and the weakness quarter, weaker insurance in auto then to continuing go side, tech. and some food to in I see we're it, would strength if fourth I I some that call general say, the the would would categories date. and maybe insurance say And I include, and and beverage, see,

of terms point. of say -- I couple In at One much not the is terms of things. the cancellation in that we're a this war, would seeing necessarily

in less play out. I marketplace a to think there's the just things little I see as what the money visibility think just is a to we're how holding bit clients though tighter are best bit hearing

to of when In top September, there's feel slowest terms thing missed, all say XX%, on strong. August, variance if free the of by say I'm they're wasn't that. would I you the would I of July, the that September, call dissimilar. not ask I strongest but else the shape may it, the anything month grow quarter, was pretty too have sure July, month was month clearly, but a

Shweta Khajuria

in guess anything hearing ad terms what it I you've rest seen quarter great. was of of as far the how the and you're spend? October so to relates that for trended No,

John Jenadis

third Yes. specific month. in in Sure. say so than came quarter little what lighter bit I'd Yes. saw October we any the for a Obviously,

probably -- I was so sort would it, some XQ give to And call think I looks it closer around if than if XX%, X% XQ. XQ XQ guardrails, somewhat grew, I was of you say XQ

Operator

question next Darren Aftahi comes the Your of ROTH. from line from

Darren Aftahi

to the you term? direct like that. Just business are of do you ad the feel business? longer seen guess having with the following in confident up the Like or beyond like in reflected fourth business on positive how of another way, of a quarter? ad just pivoted success said I kind with Can speak your you has kind legs way you've kind

David Gandler

Yes. our part you is the Thank Look, this business. we Darren, been very on for question. David. focused of this have

the with base the throughout back changes on year. been the we've made team focused significant programmatic our direct size in the from refocusing touched we've developing meaning think to really increasing end, team, of some We've sales. I you and

executed really I drive about sales with first since really think one we think well about you. to we the to of talk revenue. in were the I of on actually we've talked programmatic And direct versus relevancy it March ad that

cases, talk And programmatic with to continuing decide what reflective are revised we And in when focused partners. and our and respect vendors, we some to ensure be our agreements advertising programmatic do will have on driving those very ARPU. CPMs business of that our of many to where our third-party to rates in we're to go that are our goals we

strong. So I think execution been has very

product develop starting continue looking partners to to to our how what map road with want side, and in audience. inventory. in general, engage we're to terms premium of of In about We're the on they learn for our our more advertising terms are looking advertising very

to skew XX. men we recall, you XX As

fast the mention the advertising I'll adding have throughout we'll first as that And as to it's difficult so half The that's can been therefore, channels, quite channels a I you you which develop and has have inventory think coming very we continue greater greater with to there there. been advertisers share those thing a reach, year opportunities know, last and we imagine, revenue strong, is of impact. from and the having of in demo a

viewership on very really hours really XXX-plus monetization. drive platform we're focused to again, the the on So developing of

John Jenadis

of Darren, added the also during the more probably maybe I quarter. couple resources ] second And quarter. [ We've X added to We sales a that. add sales first points in

and And say, you And market mid-second improved so holdcos. we've that of really I'd together, when the call roll it, together, coverage quarter. came that, penetration

and the in we third that hit a group running the really as there. quarter, team the saw so And ground

that we quarter was, of And think of total, year, that been call give of just the -- our in and and quarter third whereas last market. also that's think in differently around positioned some around I there number And focused you've guaranteed flavor direct on, X/X the call so somewhere the the in was also year. third it it, XX% it, I this of programmatic I'll you

So a meaningful pretty increase.

Darren Aftahi

me. for more Two helpful. It's

it in $XXX up year-on-year, were sales Just your terms operating million $X and grew of leverage, like sales you marketing about looks the but million.

as has there. an whole Fubo with then questions of two, One, leverage brand beyond current Charter-Disney spat, for period? two kind like improved So you awareness that like, from the perspective? the feel has that sustainable legs operating And is like

David Gandler

Darren, Yes. is David. this

Fubo, about brand Of course, has traffic to organic improved it if continues think awareness just dramatically. grow. mean I to you

has the the working that and we're John expansive have categories already We about more advertising with. that partnerships been talking different

see so of say, something the Fubo us net seeing market over allowed mean, quarterly Charter-Disney in index of And I happening. you're course, dispute our to you just been adds. that's get front I would that's share can more and of through customers And that, results, but

And is I progress. this we say, would to to something that that that So largely I strong is will a have, think continue the product. very fact related

the I'm even naming sure of and branding the market they're not the have our features, about, what features. I'm talking You also in other players copying you that copying only are know those

to actually where we're And the very going it's that be. We market Charter strong the helps the we think think is a continue we we think we'll closer position. dispute think grow. aggregation And to in bring So space. to

XX again, you the hours XX to reports at in platform, seen hour just in again, So sort some relative companies well if cable look other to hours engagement also, are where over of that the XXX I've the range.

think the the So brand And really KPIs is very board, cost efficiently. that doing across are I nicely. the it developing we're demonstrating

was. between. as last offers offers If competitive the XX% everywhere mean, off all week, mean you I I've -- Sunday seen how think that there XX% were XX%, of I off. about even September way were ticket

be subs downloaded and most Amazon also on be of able development leading across the September. think, metrics to to so to I Fire, app really just key compete our speak ecosystem. to the are at in Those brand that look on the And we

John Jenadis

team item, too has head to I the on we but but you heard do pressures channels growth. get on terms helped Darren, of CPMs. of but And want by subscriber know, [ line And reasons, specific about the to don't have a amount cost for question driving look, first don't that I'll in go really obvious also your high great We significant that. lower done guide as just in job and TV us that also ] you've of investing Linear drives don't put includes advertising, a returns. of some count in some we

your a to And on we so say, to I'd operating basis you've taking of seen And the marketing step then leverage going line spirit to some probably continue spots on forward. of our our expect sales demonstrate an and TV. annual question, back,

David Gandler

Yes. has. And it

last the story, on the that quarters seen year-over-year a follow decline. you've X you As basis, consecutively

this say, think I respect. relatively I linear would is -- it's So that been, in

Operator

from question of [Operator Your Zangler Stephens. with Instructions] the next comes line Nick

Nicholas Zangler

report the here. on Congrats

significant Just pretty a beat. the count, obviously, subscriber

attribute was vMVPD just detail You on came think where upside, pushing you dispute how the Disney-Charter most you that had you users those -- from? dispute growth about the migrate Disney-Charter be into of to and it you that you do the channel. Can -- you what the over? just provide to experienced did attribute the expect customers to talk What more that sticky

David Gandler

season, the was Yes. at -- for Thank the Look, I quarter say a just do many the said, of strong it in Charter an dispute was beginning very helpful extremely quarter. We we you you brand typically positioning. it anticipated had as strong given would any was question. ways. our sports

from people to impact goal because also works get immaterial typically, because that actually, right sets up net I it XX, August lasted, least football. sub the or order think, different use under -- is perspective once the we're I way say, in a is was feature I starting that the had just adds XX growth we them it dispute platform, think XX drive to to it from retention. the was ensure resolved night that on the And our is actually days, inside makes for would to and the get sense content users bubbling funnel Monday before and days

have didn't we to that. really So do a chance

dispute of ending that nature the before given Just football.

So in of driven we're mean, it, the the very of terms sports and fall know, strong just guys you think in calendar. beginning what's I I

I key year, pressure any I this think, obviously NFL this special year, a was albeit because quite YouTube extraordinary. think, that think is the just I year, the TV, like driver, is from

the on discounts, mentioned just poured on I ability that marketing the any number And question, discounting, impact of really our money was amount into amount of of the the last subs. just to didn't drive have

piece think I the of football it fall. pretty up that college this also another quickly is season picked

that I again, also length highlight drive But that as were the just as think due didn't there have just had to the been of interesting dispute resolution. strong intended, many dispute games some drivers. to Disney we

Nicholas Zangler

Got it.

I you about a that's just you the think from thinking year. historically. to XQ Okay. Well, I about Cup then that it guide larger was that the then maybe then increased maybe to XQ relative I the suggest But out? numbers had XQ. have reference But But what sequential with how all guys that expected guide. would would maybe to, XQ, year guidance why you've the World put incremental XQ to and a such isn't there's thinking could maybe guess what sequentially for a last fourth to XXX,XXX subscribers quarter, obviously last XQ, the dispute that XQ significant. I you're from considered improvement then strong And subscriber you maybe driver Like guide maybe guide, done you're implying I go. And given subscribers XQ just beats still and Charter talk guess as from to was pull-forward a effect, this just

you're in time of Just this what around? consideration guiding

John Jenadis

billion is X.XX and free. you and Nick, the started it, say, been and revenue million feel if come guide about at we of why would billion it's hard or know, in $X.XX the wants But midpoint. the about North call start, this terms at focused don't look, on forward. pull the profitability to as always so $X.X of know America improving I subscribe year John, we've But of, midpoint in at expecting David the I obviously, end, to

to of so at subs X.XXX we're midpoint And billion. revenue your $X.XX point, the million now forecasting

the growth us pretty So sub we're that now for your World Cup, To year. the meaningfully it, point about benefit of, expecting did last call XX% year.

it's adjust call we And a for to year-over-year. low low double-digit type teens of so more like, if it, that, growth

slightly drive sub the further marketing the less growth given how profitability. the pull came on year, throughout cadence But seeing that so on being forward. And the again, we're know and to hard that aggressive we're to

David Gandler

think we've how look, you've -- Yes. guys throughout I say, have guided you would the I year. seen

all again, almost our think, dynamic the industry is I just changes that are with different happening how about thinking weekly.

want very of conservative I year. the bit be profitability. a on now, we've as think end And into we're we numerously said to focused little going the

are -- And XX% on over sake been so subscriptions. for subscribers that we're us sure the to goal it's the opposite. always is profitable to focused revenue subs target hit that's just that we of because the to want drive customers been order for versus in always that And make

conservatism So obviously, do best remain that. to continue there's in some to we'll efficient. our And

Operator

of Your Research. comes the from Barrington for final James question Goss line

Patrick Sholl

for Pat Jim. is This

regards Just I question channels. a had follow-up fast to with

just channels Fubo sports your content then some extent first kind have you just regards of are to from the the on content? focus walked more kind given wondering on and which may of those like has engagement tailored those away Just relationships relative to how to for of other fared

David Gandler

start, little Why wanted think I an to don't bit. we Look, David. definitely John. Yes, is area was I this a where this experiment

even share certain what content from platform we on think entertainment was to was removed goal I we've augment platforms about, limited under that content we've lineup the onset, XXX-plus is, I fast other you current XXX-or-so. don't we've to the if X channels IPO, exactly, cable, said broadcast as so really minutes seen that channels fast have revenue of before, between And from as gives have fungible. viewership it's to allowed really think more to drive entertainment really beyond then the us say, side, also and always you take advertising have back -- cable would above some said said, the unlike and with it's seen content avails. I any the I And you ad have inventory. you that we've although inventory we X and think networks, on us of and Most about platforms the where broadcast and and our of and essentially would. It have platform, the the entertainment

In we're pieces is this getting around roughly XX% viewership can with we channels, the of case, content. to fast a different inventory. use number And to thing the drive interesting of platform our of

obviously, so anything if, when know know are in drive there? there best John, if want really what that then our add so they enjoy, which certain it's don't to And we've doing. to been And genres I you channels interest is people fast to we

John Jenadis

the other team metrics front The that to lot could a subscriber I share in and the of digits sub viewing Pat, it, of year-over-year. on what actually, on double that, somewhere is would I And with thing looking basis to around per XXX% add are per at spends that call is like. time hours in, high that you the a the viewing

Patrick Sholl

services? I I relationships SVOD Okay. -- guys the onto last how some had more evolving of then was as you guess is content see question incorporate And distribution

David Gandler

where American planes, industry producing and forth. the where an Looks, is David. a you airline Airlines sells right? -- and buys not is This time, partnering so Yes. very can planes This everyone and is It's everyone industry interesting Boeing competing. tickets imagine, same manufactures at and is industry, like it's distributing, is everyone as where the

So it's a very space. complex

multiple for have customers companies have many I a dispute maybe we ways I believe Charter-Disney another. time work compete that strongest not as And to the I the the but the on, in think strong a goes space, that in world. the platform, time, only And with the industry think example to found our relationships in at of technology one with basically X great distributors. on do continue is levels TV think that pay same improve

wonderful We have product. a

quickly. well, have We team execute fantastic we're but only able to a and very really not

And partners industry. as I very be horizon with to from as well their in content goals I ours. the this beginning be so could a we've said well to that what large always tech as achieve is able distributors from that important And relationships attempted companies the we them on as to help role do and anticipate we play think other

Our the to content partners right make the sports sure at on that want contracts. portfolio ensure price. content job to for the side, their our customers the are we get is best best monetizing time opposite and that And

starting so see is Charter we to potentially I fact, this you're what partner. think dispute And with that in are, that

So relationships, different anticipate more better types forward. I we as executions and relationships, do go stronger treatments of

Alison Sternberg

take when which how we looking are surprise, in the to say John, this is is, David profitability? few the speaking everyone in both just forward towards I want call, want with report thank This which your it think are Great. first you everybody your before through I our I'll conclude no direct did to quarter to progressing fourth Sternberg. a again Alison for of I and we we time February. portal morning the and thoughtful But technologies that and as to And came questions comes and questions.

John Jenadis

improved there's John. is But little the well. This bar deeper to don't teams a of if Why year-to-date business let bit million. On me quarter that, has through by $XXX adjusted a on. third September our a are nearly really share I And Page actually progressing very that that. focused with at meaning chart Look, that that progress. you a follows, shows release, look say global basis, KPIs dig we're the of EBITDA couple streaming start X XX, on for I'd our

XX% Our about that percentage revenue I And headed. good points. our just I'd where margin XX is about -- over margin feel really has EBITDA nearly revenue incremental EBITDA we're EBITDA so improved we or meaning directionally say would by add

David Gandler

line Yes. I if is last that our as you I forward of and think, $X That will XXXX of is expansion company, consecutively, profit for would of we're and the costs, specifically we've back it's investors I seen is at I continue things we're goal, billion our quarters content of think our look say, agreements, I well item. which goal. the the most look for that work And one profit. to looking through we and focus, -- think and the X pacing one an big areas contribution towards contribution a achieving

Alison Sternberg

Excellent.

to second streaming was and of question, entering dealing The Apple and strategy David. sports? when a comes companies Amazon of is the to I'll you, more direct What it company's the question macro this with like

David Gandler

Look, drive very an working analyst just similar Yes. was again, results. and is Again, question to competing everybody is this to together that asked.

think, lost, value. ultimately that think model which thing distribute in you all have north look the they we what allows aggregate, services to billion continue streaming quite all has space, over be clear In the that time your ecosystem is to so to at order the a in you we people I you many if it's And is think one is as now become can the as to aggregation create participants maybe of model I in the and to clear. $XX successful one content. promote, have of plus is

if have Again, X mentioned, the still the platform. we would that its actually on the no been and relationships growth sporting Thursday so We lost fact impact. And the you basis able respect second we've wonderful little it's to players say experience. we very both with XX,XXX on now in a them. look with year, at football, adds had of were digit double year-over-year The night net to impact have that think over I I events

on we both where And today of build content customers with platforms. to we to and the tech comfortable very platform. are look have continuing we're that we and with amount forward sports the So relationships,

Alison Sternberg

thank And thanks concludes David. Again, you, Thank soon. This everybody third to call questions, we look Great. quarter forward speaking you, thoughtful for operator. with and your everyone our today. for to

fuboTV (FUBO) 3 Nov 232023 Q3 Earnings call transcript