Like and share the reasons for Fubo to grow:
- Everyone is cutting cable and picking Disney+ and Netflix for family. They would get Fubo if they want a sports add-on
- The management team are experienced
- Growth of streaming and sports betting will improve over the years
- Livestream and live betting goes very well hand-in-hand
- TV ads revenue transferred to Fubo with highlight pullbacks to make quality shows
This is the most important reason:
FUBO does not need to spend money on production. They pay for license to broadcast and that's all. Yes it is expensive, but, there is much less co-ordination needed as compared to creating dramas to meet user's demand like Netflix and Disney.
Just a financial analyst for family. Do your due diligence. Yes, Fubo priced premium but the obvious trend for its inevitable growth is also clear. I am sure it will beat Draftkings in sportsbook revenue.
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