[FUBO Q&A] This is the strongest earnings quarter, says CEO David Gandler

FuboTV is a streaming media in the United States. It claims to be "the No. 1 streaming media in sports", which mainly focuses on the distribution of live sports channels. The strong performance in the fourth quarter exceeded market outlook and capped off a great year for FuboTV. During the quarter, fuboTV acquired Balto Sports, which meant that the company entered the online sports betting industry. And fuboTV also intends to use its own proprietary technology and Balto's software to create free game products. Come and see what happened in FuboTV Q4 earnings conference call!

This article is a script from the Q&A session of FuboTV's earnings call on March 2. In order to facilitate reading, we have made appropriate cuts. If you want to know more details, you can click the link provided below to re-watch the earnings call.

Q: Everything from an improved lineup to focusing on higher-value customers, where are you seeing the levers really help drive that improvement?
A: When we look across our engagement metrics, we see increased viewership, 127 hours. We also see increased number of daily active users. We've seen an increase in the number of programs people are watching on average in 2020. We've gotten to 154 programs per customer. Our advertising revenue is quite strong even relative to where we were just six months ago. I think once we start to exceed $10, $11, or $12, it probably makes more sense to focus resources in an area where we can maximize our advertising revenue. So we're not there yet, but that's a good thing, of course, because we've got a lot more monetization ahead.

Q: In terms of sports wagering, I was wondering if you feel you need any more acquisitions. Or do you feel the current platform and people provide you with the capabilities of growing organically now that you have those in place and can grow with those?
A: We're very excited about our two acquisitions: Balto Sports and Vigtory. And we've just closed, as we mentioned in our shareholder letter, our acquisition of Vigtory. Next week, they'll already be in New York, and we're already meeting with the different teams at Fubo. So with respect to potential opportunities, look, we're disciplined, but we're also aggressive. And we were able to pick up two companies that we think are great. And you can tell by how quickly we're moving with deals with Major League Baseball and the NBA and Iowa and also getting in front of regulators. So very happy about that. However, we are always in market looking for potential acquisitions that we think will significantly improve our ability to deliver value to our customers and so we'll continue to do that.