![]() ![]() Overall, the company had an operating loss that essentially equaled the prior period at $93M despite the strong revenue growth. To fuboTV's credit, other expenses normalized a bit, including a welcomed 36% decline in general and administrative costs. The problem is subscriber related expenses - or content costs - rose in near lock-step up 37% Y/Y. During the quarter you had the World Cup, the stretch run of the NFL season and fuboTV was able to deliver 39% Y/Y growth on the revenue side. The bad news is the economics of fubo's business and streaming in general are still really bad. This is good news for fuboTV ( NYSE: FUBO) as it will bring Google's offering closer to fubo's pricing. For the first time in 3 years, YouTube TV ( GOOG) ( GOOGL) raised its monthly service charge from $64.99 to $72.99. ![]()
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