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Fubo grows its subscribers and revenue as Disney deal looms
The company is still losing hundreds of millions of dollars, but at least its losses are narrowing.
It posted a net loss of nearly $178 million for the year, more than enough to ruin most individuals and small- or medium-sized businesses. Pending shareholder and regulatory approval, Disney will buy a 70 percent stake in the company and merge it with Hulu + Live TV. Fubo is arguably the best live TV service for sports, but it still has some notable missing pieces.
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