Where Will fuboTV Be in 5 Years?
fuboTV (NYSE: FUBO) isn't exactly a household name, and for good reason. The virtual cable television service is only six years old, and virtual (or streaming) cable TV remains an unsung alternative to traditional cable service. Throw in the fact that fuboTV is competing with the likes of Walt Disney and Alphabet, and its lack of name recognition makes even more sense.
The fact is, however, this singularly focused outfit is on a path to viability. Not only is there room for more than one player in this market, but the market itself also has enormous potential. Indeed, 2021 is shaping up as the year virtual cable television explodes.
It's possible you're already using it without even realizing it. Virtual cable television looks and feels like traditional TV piped into your home using a coaxial cable. But it's actually delivered as a digital signal using a broadband internet connection. Such providers are often referred to as virtual multichannel video programming distributors, or vMVPD for short.
Source Fool.com
