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Business
Jon Lafayette

Fubo Reduces Losses as North American Subs Climb to Record Level

Fubo rebranding spot.

Fubo said it cut its net losses while added 310,000 subscribers in North America, giving a record number of customers.

The net loss for the virtual multichannel video programming distributor (vMVPD) was $83.8 million, 29 cents a share, compared to $162.6 million or 82 cents a share, a year ago.

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