This week we breakdown the 70,000 subscriber losses from Sling TV in Q4, the injection of $4.3B into DAZN and the upcoming soft launch of Bally Sports RSN streaming service. We also cover the key numbers you need to know from FuboTV, who ended 2021 with 1.13M subs and Discovery, who wrapped up 2021 with 22M D2C subs. We also discuss what’s behind so many streaming vendors slashing revenue growth projections for this year when compared to 2021.
Companies and services mentioned: DAZN, FuboTV, Sinclair, Bally Sports, BT Sports, DISH, Sling TV, Discovery, HBO Max, Sabio, Vidillion, Haivision, AVIWEST, Kaltura, Brightcove, Fastly, Vimeo, Agora, Limelight Networks, Akamai, Qumu, Hopin.
- Discovery Q4 2021 Earnings: Gained 2M paying D2C subs, ended 2021 with 22M; Expects merger with Warner Bros. to close in Q2
- DISH Q4 2021 Earnings: Lost 70,000 Sling TV subscribers in Q4 to end 2021 with 2.49M Sling TV subscribers; Total revenue in Q4 of $4.45B, flat y/o/y
- FuboTV Full Year 2021 Earnings: Ended 2021 with 1.13M subs; Projects to end 2022 with 1.74M total subs; Total 2021 revenue of $637M, up 144% y/o/y; Net loss of $383M for the year
- Sinclair says the DTC “soft launch" of 5 Bally Sports RSNs with MLB teams is expected in Q2 of this year, with full launch and the addition of NBA and NHL teams to take place in Q3 of this year
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