Ad Sales Could Propel Growth for fuboTV

If you love to watch sports, you may have heard by now of fuboTV (NYSE: FUBO). This sports-centric, streaming-TV subscription business is capitalizing on the trend of consumers moving away from cable TV. It offers a similar product but without all the hassles that come with cable TV, such as a long-term contract or waiting for the cable person to show up for installation. 

As such, fuboTV's traction with consumers is snowballing. The company has grander ambitions and is spending aggressively on growth. For that reason, the advertising revenue it generates could propel further expansion. Let's take a closer look.

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Source Fool.com