Thank us today fourth discuss year you, you full XXXX quarter Alison, We appreciate fubo's results. good everyone. and joining morning, to and
again year to operating year-over-year. financial revenue, key report metrics of with that paid in America We across Average XX% fourth demonstrates delivered strategy our noteworthy. X.XX revenue, an fubo and growth annual double-digit of in indeed during high record once In $XX.XX, subscribers, all-time year-over-year. revenue industry, total sales ad are a context $XXX million increase exceeded also an and year million North over guidance a million an in and resilience remarkable Delivering $XXX a impressive of pleased an of and quarter. effectiveness the We user the XX% XX% advertising year-over-year record of a the up per prior the is increase execution. reached team challenging for year-over-year accomplishments our increase in XX% the
$XXX million robust by target we stringent XXXX. by improvement adjusted revenue by management. growth, both adjusted plus free Our in and healthy, sheet over reinforcing EBITDA the our enhanced confidence efficiencies was balance in cash This our million, In $XXX prior and achieving EBITDA operational fueled $XXX XXXX, improved year. profitability million flow is cost
even could with within outstanding, XXXX, momentum Our our our other a setting on to fubo for have significant been market fair substantially believe opportunity such Charter Comcast, Hulu, the in our distributors industry. has we ability in efficiently better. and our been compete and line Even terms as to had losses DIRECTV with narrow afforded benchmark been performance results stream, exceptional
rates want were opportunity Instead, breakeven $XXX to partners savings forced all price and outsized had content year of because And paid, hit our we consumers have would excess estimated customers In million don't penetration fees return to to with considering believe to plus, for and all, able fubo they to may been these media have discounts. well want. last our the forced in we fact, pay we future are as of to hikes most are form buy they customers compelling don't annual XXXX. the content of in promotions the as
venture the racketeering. fubo's steal in lawsuit to fall. of are filed is access a an week, assert cartels attempt resulting to Disney attempt should we terms forming that practices, We Discovery, sports joint like, billions who sports this look Warner monopolize a industry competition. Their Last Corporation, our expected of latest Fox we to other and Walt proposed eliminate Just damages anticompetitive sports example and consider sports. believe, defendant's bundle streaming Bros. vision of what launch antitrust and sports to borderline an dollars this We the the business. contractual and pernicious against and is, Corporation streaming just block JV to the the streaming venture
forced sports for in their stated fubo this are has and integrated by so. and prices XX% stifle programming, to do own of this our further unwanted complaint, ability imposed they market this offer features above raises And own forcing and us their that bloats content cartel other don't to consumers. rates rates permitting our license content to to services certain content vertically license sports restricted those while must-have cartel nonsports for further As than penetration our us distributors attempts access bundle levied even competition on content XX% higher plus sports which and to destroy competitors to to
access industry group stop. at product deserve features to these want should pay to we executing fair challenges, clear operating plan. on for remain experience rampant enjoy to, price. should the to They only get that want They and the dealing to way a choice. We they be they this streaming Consumers the want. misconduct have they all of channels delightful be our focused and I should has able despite this been the with It from at large. and widespread
a content service top underscores and offering business team's they in our streaming a remain for consistent landscape rely demonstrate our consumers. entertainment an for line sports-centric focused consumers improve persistently that meeting execution. solving means offering our to on continuing bottom sustained to can on dynamic Delivering capacity business goals. in to investors unparalleled performance problems fubo's anticompetitive We and ability Our
maximize As of same services said paying industry nonexclusive exclusive content. we a of across content. have with property, intellectual multiple believe monetization years, for to the sports the media programming, forcing must-have while is pay partners. our to streaming of X well-established is customers sports packaged for effectively disseminated. to It's the for for access aggregator, This and become the we addresses behind advertising the be fragmentation are benefit to and our that a fragmented for the And the for which leagues as much super multiple strategy alongside in consumers ambition also needs the content serving many consumers broadly challenge and fact past times consumers and ultimately optimal services to rationale friction
to at goal deliver video and on is engage different the consumer curve the consumers demand experience points. along Our aggregated price focused bundles
app be store. not trying to We an are
them fair provide want, price. just including and different consumers a Our to TVOD lets they access they free, of want and MVPD the experience pay-per-view, AVOD, that packages, bundle channel with virtual types channels at vision a a when seamless offer fast, is and
users the of free a super into leverage XXX outside either the paying paywall, we forthcoming for By content up to be include to their don't consumers XXXX. convert fast our launch but of since channels have strategy aggregation in nearly to and providing the monetize First, tier will plan retain we these subscription. cancel or fubo this tier channels sign launched who who
keep goal on the product even them. are XXXX, deliver as lot letting multiple Our fubo, content and experience to we fubo executing solidly headwinds. we options, summary, that's business fubo for consumers inside is we right with our In intend in manage and a customers the ecosystem. choose is focused to plan, There to enjoy
and XXXX experience customers, through premium, fubo's that reaffirms value personalized QX a and belief full offers video partners. Our streaming delivered year shareholders performance for bundle aggregated our
choose sports-first be who that's fair we strive for consumers entitled a and bundle right them to price. a of to at Importantly, are champions
will our CFO, John fight will do greater detail. John? now their the to over We discuss in so. Janedis, I results to turn for financial to right call