Fourth-quarter revenue at CuriosityStream was $11.4 million, up 70 percent year-over-year, ending the period with approximately 15 million subscribers.
“We had a strong 2020, ending the year with more than double our 2019 revenue with approximately 15 million subscribers,” said Clint Stinchcomb, president and CEO. “More recently, we raised approximately $100 million in a follow-on offering completed in February of this year. We enter 2021 with a strong balance sheet, one of the largest libraries of factual content in the world and a world-class team of experienced media executives executing strongly against our plans. I couldn’t be prouder of what we accomplished in 2020, and I look forward to 2021.”
At 15 million subs, CuriosityStream’s subscriber count was up 50 percent year-over-year. For Q4, net loss was $15.7 million compared to net loss of $14.6 million in the fourth quarter of 2019.
Revenue for the full year 2020 of $39.6 million, up 120 percent. Net loss for the full year 2020 was $38.6 million compared to net loss of $42.5 million for the full year 2019.