
Sports-focused streaming service Fubo said it reduced its red ink in the first quarter, despite losing 110,000 subscribers since the end of the year.
Fubo has been battling giants ESPN, Fox Sports and Warner Bros. Discovery, which are assembling their own sports streaming service. The virtual multichannel video programming distributor (vMVPD) filed an antitrust suit against the joint venture and also recently blacked out the WBD channels it had been carrying.