Oh Snap! Comcast Reports it Owns 9.3% Stake in FuboTV

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Oh Snap! Comcast Reports it Owns 9.3% Stake in FuboTV

Post by Admin » Mon Feb 15, 2021 3:22 am

This can't be good, hope Comcast won't buy any more shares of FuboTV stock...

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Big companies buying out small companies usually does not end so well for consumers. NextTV is reporting that Comcast everyone's' favorite big cable company has been buying stock in Fubo TV. :roll:

FuboTV is a live streaming service that competes with Comcast to win over ex cable TV subscribers. Fubo also happens to be the best live streaming service for sports.
Comcast on Friday reported that it owns a 9.3% stake worth more than $300 million in FuboTV, which operates a sports-focused virtual MVPD and is getting into the sports betting business.... read more



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