The company surpassed $1 billion in annual revenue, hit $100 million in advertising sales, and exceeded its subscriber growth forecast by 80k for 2022. Look at the first page of Fubo's fourth-quarter shareholder letter, and you'd think things are going smoothly for the live TV provider. Investors have major concerns with Fubo's razor-thin gross margins and substantial operating losses that won't move in the right direction.Ĭan Fubo TV make it out of this recent stock slump? I think that is unlikely. Its shares trade at just $1.21, down over 95% from their early 2021 highs. Shares of the live TV streaming platform went from under $10 in mid-2020 to almost $50 in early 2021 as it became one of the famous "meme" stocks popularized by Reddit traders.īut now, with markets heading lower and the recent era of speculation over, Fubo stock has taken a tremendous tumble. They appear to be testing two different quarterly options, as some users are also being offered fuboTV Extra included at the same quarterly price.Fubo TV ( FUBO 6.36%) was one of the hottest stocks of the 2020-21 pandemic stock market bubble. Unlike the monthly plan though, you will be charged every quarter for your next three months of service. While both plans are $64.99 a month – if you pay quarterly ($194.97), they will upgrade your plan to include Family Share Max (5 Simultaneous Streams) and 1,000 Hour Cloud DVR. When you sign-up for the Family Bundle, it will now give you the option to pay monthly or quarterly.
The company has also begun testing a new quarterly option that will give you more bang for your buck.
Unlike the Standard Plan that included a 30 Hour DVR and 2 Simultaneous Streams, the Family Bundle includes 250 Hours and 3 Simultaneous Streams. With the change, the cheapest price to sign-up for fuboTV for new users is their $64.99 a month Family Bundle. While it has been “hidden” on the site for quite some time, now the Live TV Streaming Service has discontinued their $59.99 a month Standard Plan.įubo confirmed to The Streamable that while the fubo Standard plan is no longer being offered for new subscribers, “existing subscribers to the plan will not experience any changes.” FuboTV has quietly made some changes to their plans over the last week.
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