NEW YORK—Despite the threat of competing against a new sports streaming offering that Disney, Fox and Warner Bros. Discovery plan to launch in the fall of 2024, Fubo TV is predicting relatively healthy growth in its revenue and subscribers for 2024.
After beating subscriber and revenue forecasts for 2023, with 1.618 million subs, an all-time high at the end of 2023, Fubo TV said that its fiscal year 2024 subscriber guidance projects 1,665,000 to 1,685,000 subscribers, representing 4% year-over-year growth and that its FY 2024 revenue guidance projects $1,505 to $1,525 million, representing 13% year-over-year growth at the midpoint.
