While Fubo’s footprint is small, at 315,789 subscribers as of the end of 2019, it competes with WarnerMedia parent AT&T. But linear carriage for WarnerMedia networks remains a key revenue driver and an ongoing priority as the company balances expansion into direct-to-consumer streaming with its lucrative pay-TV distribution partnerships. WarnerMedia’s HBO Max, the subscription streaming offering that launched in May, is planning to incorporate live sports and news as soon as 2021. The loss of TNT and TBS will deprive Fubo viewers of the NBA and Major League Baseball in the coming months. “Despite these changes, and with the upcoming launch of ESPN and Walt Disney Television, fuboTV’s sports-focused cable TV replacement will offer a market-best 43 of the top 50 Nielsen-ranked sports, news and entertainment channels in our base package.” “In order to continue to provide the most value to our customers at a reasonable price point, we will not be renewing our contract with WarnerMedia,” a Fubo spokesperson said. “We are disappointed that our deal with fuboTV is not being renewed, as we have been working with them and were open to a potential renewal,” the statement said.
In a statement referring to the “termination” of Fubo carriage, WarnerMedia did not appear to be leaving the door open for a deal. Florida Panthers-Boston Bruins Game 7 On TNT Scores Largest Cable Audience Ever For First-Round Stanley Cup Playoff Game
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