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CuriosityStream tops 15M subscribers in Q4, projects $71M in revenues for 2021

Factual streamer CuriosityStream has released its Q4 results, reporting revenues of US11.4 million — up 70% year over year — and 15 million subscribers, up from 6.7 million in the ...
March 24, 2021

Factual streamer CuriosityStream has released its Q4 results, reporting revenues of US11.4 million — up 70% year over year — and 15 million subscribers, up from 6.7 million in the year-ago quarter.

The company, which specializes in the history, nature and science genres across documentaries and series, ended 2020 with revenues of $39.6 million, up from $18 million in 2019. Total paying subscribers were up 50% year over year.

CuriosityStream’s Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was $15.5 million, compared to $14.8 million in the fourth quarter of 2019. While the streamer’s EBITDA for all of 2020 was $38.6 million compared to EBITDA of $44.1 million in 2019.

For the full year 2021, the company is projecting revenues of at least $71.0 million, or 80% year-over-year growth.

In terms of content, CuriosityStream announced several original series throughout last year, including Pompeii: Disaster Street, History of Home, 4th and Forever: Muck City, Engineering the Future, and Beyond the Spotlight (executive produced by Leonardo DiCaprio and Appian Way.

Other business highlights for the company included the start of trading on the NASDAQ under the ticker symbol, CURI, on Oct. 15. CuriosityStream also closed its business combination with Software Acquisition Group, Inc, while strengthening its leadership team in its international and North American distribution, brand and media partnerships, finance and growth.

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