 Current logo used since 2023 | |
| Fubo | |
| Formerly | FaceBank Group |
| Company type | Public |
| NYSE: FUBO | |
| Industry | Pay television |
| Founded | January 1, 2015; 10 years ago (2015-01-01) |
| Founder | David Gandler Alberto Horihuela Sung Ho Choi |
| Fate | Sold tothe Walt Disney Company and merger withHulu's Live TV service |
| Headquarters | 1290Avenue of the Americas New York,NY 10019 U.S. |
Area served | Canada Spain United States |
Key people | David Gandler (CEO) Albert Horihuela (head of marketing) Edgar Bronfman Jr. (chairman) |
| Services | Streaming television |
| Revenue |  US$1.62 Billion (2024)[1] |
| –US$177.8 million (2024)[1] | |
| –US$172.25 million (2023)[1] | |
| Total assets |  US$1.08 billion (2024)[1] |
| Total equity | US$180.78 million (2024)[1] |
| Owner | The Walt Disney Company (70%) Paramount Skydance (undisclosed stake) |
| Subsidiaries | FuboTV Media, Inc. |
| Website | fubo.tv |
FuboTV, Inc., formerly known as theFaceBank Group, and its subsidiaryFuboTV Media, Inc., which operates asFuboTV orFubo, is an Americanover-the-topsportsstreaming television service that serves customers in Canada, Spain, and the United States.[2] The service focuses primarily on channels that distribute live sports. Depending on the country it is accessed in, channels offered by Fubo include access to thePremier League,NFL,MLB,NBA,NHL,MLS,CPL, and international football, as well as news, network television series, and movies.[3]
Based inMidtownManhattan,New York City, United States, FuboTV was launched on January 1, 2015, as a soccer streaming service. Fubo changed to an all-sports service in 2017, and then to avirtual multichannel video programming distributor (vMVPD) model.[4] As a vMVPD, Fubo still markets itself as a sports-first service, but it has since expanded its programming to include channels that fall under other genres, including ones with reality shows, premium movies and cable news.
In the United States, Fubo offers several packages with different channel lineups, including a base package of over 100 linear content channels, which also include free content streams that are found on competing services likeYouTube TV. A number of add-on packages are also available for viewers who want more programming options, including a sports-only bundle, Spanish-language content, premium movie networks or additional features.[5] As of November 2025[update], the company says the newly combined Fubo and The Walt Disney Company’s Hulu + Live TV business has nearly 6 million subscribers in North America. Fubo itself reported having 1.63 million paid subscribers in North America.[6]
On January 6, 2025,the Walt Disney Company announced its intent to acquire a 70% stake in Fubo, who will merge withHulu's live TV service. The combined company will remain public, but will be controlled by Disney shareholders and will be a sister service toDisney+,ESPN+, and the aforementioned Hulu. The merger will take 12 to 18 months according to Disney and Fubo, meaning that the merger will be set to be completed between January 2026 and July 2026. It is unknown if Disney will acquireParamount's undisclosed stake. On July 28, 2025, the merger was rescheduled to between October 1, 2025 and March 31, 2026.[7] This accelerated the closing from what was initially believed to be anytime between January 1, 2026 and June 30, 2026.[8] On September 30, 2025, the merger of Fubo and Hulu + Live TV was approved by its shareholders.[9]
FuboTV was co-founded in January 2015 by David Gandler (CEO), Alberto Horihuela (CMO), and Sung Ho Choi. At launch, FuboTV cost $7 per month and offered livestreams from soccer-centric channels. In early 2017, Fubo pivoted to become a broader streaming service, adding entertainment and news programming in addition to soccer and sports programming from the NFL, NBA, MLB and NHL.[10] During its first five years, investors in FuboTV includedAMC Networks, Luminari Capital, Northzone, Sky, andScripps Networks Interactive.[11] FuboTV was named to Forbes’ Next Billion-Dollar Startups list in 2019.[12]
According to Fast Company, FuboTV still calls itself "sports-first", but instead of being "theNetflix of soccer", it is pitching itself as a direct competitor to cable television and live-streaming bundles such asSling TV and AT&T TV (nowDirecTV Stream). FuboTV was the first live-TV streaming service to support 4K HDR video (2018 World Cup), and was the first to adopt an industry standard for handling sports blackouts.[10] In December 2018, Fubo announced that it was going to expand into Spain.[13]
On February 20, 2019, it was announced that channels fromViacom networks would be added on April 30, 2019, though these networks do not feature sports content.[14][15] ViacomCBS (nowParamount Global) does own an undisclosed stake in FuboTV, and future ViacomCBS deals will also includeCBS carriage.[16] On March 5, 2019, FuboTV expanded its 4K support to theBig Ten Network.[17] In May 2019, FuboTV andFanDuel partnered to integrate sports betting data on the live TV streaming service. The deal included carriage of FanDuel's horse racing networks, TVG (nowFanDuel TV) and TVG2 (nowFanDuel Racing).[18] On June 19, 2019, FuboTV announced that it will be adding theDiscovery Networks, joining the line up ofScripps Networks that were acquired by Discovery.[19]
ViacomCBS channels launched on FuboTV in Spain in 2020.[20] On January 1, 2020, FuboTV dropped theFox Sports Networks, citing increasing carriage costs after the acquisition of the channels by theSinclair Broadcast Group.[21] FuboTV launched theNHL Network on March 9, 2020, with plans to add theMLB Network andMLB Strike Zone, allowing it to have all four professional sports league networks on its platform.[22]
On March 23, 2020, fuboTV announced it would merge with FaceBank Group, a publicly listed virtual entertainment technology company founded by media technology entrepreneurJohn Textor, via a reverse triangular merger. The new company was named fuboTV Inc. to be led by original fuboTV CEO David Gandler. The merger closed on April 2, 2020.[23] According to the article, fuboTV plans to leverage Facebank's IP portfolio to create new streaming experiences for consumers and also expand internationally. FaceBank is traded on the OTC exchange and, following the merger, Gandler noted the company plans to uplist to a major stock exchange.[24] Following its merger with FaceBank Group, FuboTV began trading on the OTC under the ticker symbol FUBO. In the months following the merger,John Textor resigned his post as Executive Chairman, and the company named formerWarner Music Group ChairmanEdgar Bronfman Jr. as Executive Chairman of the Board. Other directors, such as earlySpotify investor Par-Jorgen Parson and venture capitalist Daniel Leff were also named to the Board. All three were early investors in FuboTV.[25]
In June 2020, FuboTV announced a long-awaited deal with Disney Media Networks to bringESPN Inc., andWalt Disney Television (includingESPN and its networks andABC, along with children's networks such asDisney Channel) to the sports-focused streaming service sometime in the summer. The deal was to make FuboTV a "force in sports streaming," according toFortune.[26] It would go live on August 1.[27] On July 1, 2020, FuboTV droppedWarnerMedia networks, includingCartoon Network,CNN,TBS andTNT.[28]
On September 15, 2020, FuboTV said it expected to close 2020 with 410,000–420,000 subscribers as a result of the return of sports during the COVID-19 pandemic. The company also announced it was approved to list on theNew York Stock Exchange (NYSE) "conditional upon successful pricing of this offering, under the ticker symbol FUBO."[29] On October 7, 2020, fuboTV completed its initial public offering as a New York Stock Exchange company, raising roughly $183 million in proceeds.[30] FuboTV began trading on the NYSE under the ticker symbol "FUBO" on October 8, 2020, as fuboTV shares jumped 10% in their market debut.[31]
FuboTV delivered what it said was record revenue and subscriber numbers during the third quarter of 2020. The company also announced its plans to enter the online sports wagering market with details to be announced.[32] In December 2020, FuboTV acquired Balto Sports, which owns contest automation software. The company said the acquisition marked the first step of its online wagering strategy, which will start with free to play games and then expand into wagering integrated with its live streaming video.[33] FuboTV added more premium entertainment with the launch ofEPIX andSTARZ channels in December 2020.[34] It also reached an agreement withNexstar Media Group to begin carryingWGN America in January 2021.[35]
In January, FuboTV announced more details of its expansion into online sports wagering. With the December 2020 Balto Sports acquisition, the company said it plans to launch a free to play gaming app by the summer of 2021. The app will be available to all consumers nationwide, whether they are FuboTV subscribers or not. The company also said it plans to integrate free gaming into the FuboTV platform. Additionally, FuboTV announced it intends to acquire sports gaming company Vigtory and will launch its own sportsbook before the end of the year. With the Vigtory acquisition, FuboTV will also receive Vigtory's pipeline of market access deals, including a completed agreement with Iowa through Casino Queen. Like free gaming, the company said it plans to launch the sportsbook as an app first before integrating it into the FuboTV user experience. FuboTV CEO toldThe Wall Street Journal he expects sports wagering to not only generate more revenue for FuboTV but also make it more likely that customers will pay closer attention to sports and tune in more often.[36]
In its fourth quarter 2020 earnings results reported in March 2021, FuboTV said it exceeded $100 million in quarterly revenue for the first time.[37] Also during its 2020 earnings report, FuboTV said it would launch free-to-play predictive gaming in the third quarter 2021. FuboTV also announced it closed the previously announced Vigtory acquisition and had established Fubo Gaming to oversee its entry into online sports wagering. Fubo Gaming is expected to launch Fubo Sportsbook in the fourth quarter 2021. Fubo also announced it signed agreements with theMLB andNBA to become an Authorized Gaming Operator of each league. These agreements will provide access to official data and include league marks and logos within Fubo Sportsbook once it is rolled out.[38]
FuboTV announced in May 2021 that the first quarter was its strongest in its history, delivering $119.7 million in revenue, an increase of 135% year-over-year, and growing total subscribers to 590,430, up 105% year-over-year. CEO David Gandler called the quarter an "inflection point" for FuboTV as it was the first time the company grew revenue and subscribers sequentially in any first quarter despite seasonality trends.[39]
On June 1,Fast Company reported FuboTV would begin beta testing predictive, free-to-play games and a live stats feature called FanView, both integrated into its streaming video. The beta test would begin during FuboTV's exclusive streams of the South AmericanCONMEBOL 2022 FIFA World Cup qualifying matches that month. The company said they plan to officially launch free gaming timed to theNFL season. FuboTV also said it expects gaming to be an engagement driver and noted it is the first step on its gaming roadmap, which will include the launch of Fubo Sportsbook later in 2021.[40] On June 30, 2021, FuboTV dropped services fromA&E Networks, among them includedHistory,A&E andLifetime.[41]
FuboTV was added to theRussell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution in June 2021.[42] In November, FuboTV said that it had reached the one million subscriber mark.[43]
FuboTV launched Fubo Sportsbook, a mobile wagering app integrated with fuboTV's live TV streaming platform, on November 3. The company launched the app in Iowa and said more states are to follow.[44] The company announced they had reached one million subscribers on their third quarter 2021 earnings call. FuboTV also announced it had signed an agreement to acquire France's leading live TV streaming platform,Molotov TV, to fuel its international expansion along with Indian AI startup edisn.ai.[45]
In January 2022, FuboTV acquired the Canadian media rights to thePremier League, replacing DAZN.[46] The company's subsidiary, Fubo Gaming, announced in early February 2022 it had completed 10 market access for Fubo Sportsbook (Arizona, Indiana, Iowa, Louisiana, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania and Texas) and was live in two states (Arizona, Iowa). It promised to launch in additional states, pending requisite regulatory approvals.[47] On May 25, 2022, GAC Living became available on FuboTV.[citation needed]
FuboTV launched pick'em games in June 2022. The company said the free games would be live with select sports directly from its home page. Additionally, FuboTV subscribers can also scan a QR code in the TV watching experience to access Fubo Sportsbook and place real money wagers aligned with their picks. The sportsbook integration went live in the markets where Fubo Sportsbook operates, according to the company.[48] In August 2022, FuboTV said it was putting its sports wagering business under a strategic review.[49] The company abandoned its sportsbook entirely by October.[50]
Ryan Reynolds took an equity stake in FuboTV in August 2022. Reynolds, hisMaximum Effort studio and Fubo announced a co-production partnership that will include the launch of the Maximum Effort Channel on FuboTV. Reynolds and his team will create original content for the forthcoming channel.[51]
In December 2022, FuboTV announced content partnerships withScripps Networks[52] andSinclair Broadcast Group's 19Bally Sports regional sports networks.[53] Fubo promised the channels would launch "in the coming weeks," bringing the total number of regional sports channels on the service to over 35.[citation needed]
On December 31, 2022, FuboTV removed channels owned and operated byAMC Networks, including AMC, BBC America, BBC World News, IFC, We TV and Sundance.[54] In a letter to consumers, FuboTV said it would not provide refunds or credits to customers who prepaid for service.[55]
On January 6, 2023, FuboTV began notifying subscribers that they would raise their base subscription package to $74.99 per month.[56] Additionally, for the first time, FuboTV rolled out a regional sports network fee to all subscribers who received such a channel. Customers with one regional sports channel will pay $10.99 a month, while customers who have two or more of those channels will pay $13.99 per month.[57] Two months later, the service rebranded from FuboTV to Fubo,[58] timed with the launch of their national brand campaign.
On June 20, 2023, Fubo launched theMaximum Effort Channel in partnership withRyan Reynolds.[59] In addition to Fubo, the channel is available on free streaming platforms like Amazon'sFreevee,Xumo Play andTubi. One week later, Fubo updated its Spanish-language package to include content from Canela.TV.[60]
In September 2023, a resident of Illinois filed a proposed class-action lawsuit against Fubo in state court, accusing the company of illegally sharing the private viewing history of its customers with potential third-party advertisers without first obtaining explicit consent.[61] The case was remanded to federal court in October.[62] Around the same time, Fubo was sued by Dish Network for allegedly violating various streaming-related patents. Fubo has denied the accusation.[63] By the end of 2023, Fubo had fewer subscribers than Hulu, YouTube TV, and Sling TV, but was second in net additions of subscribers for the year with 173,000, according to Leichtman Research.[64]
In February 2024, FuboTV filed an antitrust lawsuit againstThe Walt Disney Company,Hearst Communications,Fox Corporation, andWarner Bros. Discovery over their recent announcement of astreaming sports joint venture (named Venu on May 16, 2024).[65][66] The streaming joint venture said it would develop a sports-focused streaming service, which was seen as potentially drawing customers away from Fubo. After filing its antitrust lawsuit, Fubo launched a website called "Save My Sports" as part of an outreach effort to rally public support for the lawsuit against the three broadcasters.[67] Soon after, Fubo announced that it had signed a distribution deal with the YES Network to stream New York Yankees games, among other content.[68]
In April 2024, Fubo announced that it had removed Discovery networks content, “including Discovery, HGTV, Food Network and TLC, among others" from its service after failing to reach an agreement with Warner Bros. Discovery. Fubo said in a statement that it was forced to remove the content because Warner Bros. Discovery did not engage in good-faith negotiations and accused Warner Bros. Discovery of "abuse of massive market power that ultimately limits consumer choice."[69]
In June 2024, Comcast announced that it had signed a deal with Fubo to make the streaming service available to its Xfinity Flex or Xumo Stream Box customers, as well as Xumo TVs.[70] In August 2024, a federal judge said Fubo was likely to be successful in its lawsuit against the Venu Sports joint venture and awarded the company a preliminary injunction to stop its launch. Disney, Hearst, Fox, and WBD said they would appeal the ruling, while Fubo said it would continue to press on with its lawsuit against the joint venture.[71]
In September 2024, Fubo announced that it had become the first virtual multichannel video programming distributor (vMVPD) to offer the ability for users to choose their own channels for multiviewing on Roku devices. Those who own Roku's Ultra devices were able to stream up to four channels at once, while those who own the Roku Express 4K and 4K+, along with the Roku Streaming Stick 4K and 4K+, would be able to stream two channels at once. The feature allows users to choose which two to four live channels to watch simultaneously and is available on all Fubo channels, including live sports and news.[72]
In October 2024, an agreement withChicago Sports Network was announced.[73] The company also said in October that it was launching a standalone subscription service called Premium Subscription Services. The feature allows users to subscribe to specific live and on-demand content on the service without requiring a base channel plan. The move expanded Fubo’s offering to three tiers, including a free version with nearly 200 ad-supported channels, the new Premium Subscription Services (which also includes access to the free version), and its standard vMVPD offering.[74]
In November 2024, Fubo said that it had signed a deal with NBCUniversal to bring 18 NBCU FAST channels to the platform, including Noticias Telemundo Ahora, NBC Sports, andToday All Day. Four channels from Telemundo immediately launched on Fubo’s Spanish-language Latino plan and all English-language channel plans. Fubo said the remaining 14 channels would launch soon on its platform.[75]
On January 6, 2025, Fubo agreed to sell a 70% majority stake in its vMVPD business to Disney and merge with itsHulu + Live TV business. The merged company will be led by Fubo's executive team and remain a public company, albeit with Disney holding majority control of its board. Both services will continue to operate under their respective brands, with Fubo being responsible for carriage negotiations. The deal excludes the Hulu video on-demand service, which will continue to be held exclusively by Disney. As part of the agreement, Fubo also settled with the Venu Sports joint venture, with the consortium planning to make a one-time payment of $220 million. Fubo also reached a carriage agreement for Disney's suite of channels. The merger is expected to be completed between 12 to 18 months, pending regulatory approval.[76][77] The joint venture was abandoned 4 days later.
Fubo and Disney also announced on January 6, 2025, that they additionally entered into a new carriage agreement that will allow Fubo to create a new Sports & Broadcast skinny bundle that will include Disney’s ABC, ESPN, ESPN2, SECN, ACCN, ESPN2 and ESPN+ networks.[78] In January, Fubo and Ryan Reynolds shut down the Maximum Effort Channel.[79]
In February 2025, Fubo announced that it would start streaming its Fubo Sports linear network on over-the-air channels in more than 100 markets across the United States, including New York, Los Angeles, and Chicago, making the service available to more than 12 million traditional TV households.[80]
In March 2025, Fubo announced an agreement with the Rangers Sports Network, allowing Fubo to stream all available Texas Rangers games over its service, including both pre- and post-game broadcasts.[81]
In April 2025, Fubo ranked 79th in Financial Times' list of The Americas’ Fastest-Growing Companies of 2025, with an absolute growth rate of 528.4% and a compound annual growth rate of 84.5%.[82]
In June 2025, Fubo announced that it had signed a multi-year agreement with sports streaming provider DAZN that would see both companies stream the other's content on their respective services. The announcement came alongside the launch of a new DAZN1 channel on Fubo that would air DAZN's boxing and mixed martial arts content. DAZN said that it would also add the Fubo Sports free ad-supported television (FAST) service, giving its customers access to soccer matches, combat sports events, and other sports-themed content.[83]
On June 26, 2025, Fubo announced a multi-year agreement withWeigel Broadcasting for distribution of seven networks, such asMeTV,Heroes & Icons,MeTV+,MeTV Toons,Catchy Comedy,Movies!,Story Television, andWCIU. Subscribers of Fubo’s Pro and Elite channel plans can now stream Weigel’s national entertainment networks while customers in the Chicago DMA also have access to WCIU-TV’s local sports, news and entertainment programming. WCIU, The U’s sports coverage includes more than 30 games from the WNBA’s Chicago Sky during the 2025 season.[84]
In September 2025, Fubo launched Fubo Sports, a new skinny bundle focused entirely on sports programming. The service, which launched on September 2, offers 28 channels, including ESPN and NFL Network. Fubo also announced that it bundled ESPN's direct-to-consumer Unlimited service with Fubo Sports. The company said Fubo Sports will cost $45.99 for the first month and $55.99 per month thereafter.[85]
On September 30, 2025, Stockholders of FuboTV approved the planned merger of the company with Hulu + Live TV to form a larger company that will be controlled by Disney. The Fubo deal calls for Fubo to merge with Hulu + Live TV, a sister platform to the Hulu streaming app, with Disney owning approximately 70% of the newly expanded entity. Fubo’s existing management team, led by co-founder and CEO David Gandler will run the new Fubo. Fubo and Hulu + Live TV will continue to be available to consumers as separate offerings post-close. Fubo has said it expects the deal to close in the fourth quarter of this year or the first quarter of 2026.[86]
On October 29, 2025, Disney completed its acquisition of a majority stake in Fubo, which made it the No. 6 pay-TV operator in the U.S. when combined with Hulu + Live TV. Disney will control 70% of the new streaming organization, with Fubo shareholders retaining the rest. Fubo’s current management team, led by co-founder and CEO David Gandler, will run the merged Fubo and Hulu + Live TV businesses.[87]
Fubo built its tech stack internally[88] and, in 2017, launched features like Cloud DVR storage, pausing and unpausing live streams and lookback of previously aired content for 72 hours[89] Fubo offers two simultaneous streams as part of its base subscription package and, in March 2018, introduced a third stream for $5.99 per month.[90]
Fubo became the second over-the-topinternet television service to get integrated to the TV app onApple TV, iPhone, and iPad.[91]
Fubo earned the highest score inJ.D. Power's customer satisfaction survey among live TV streaming providers in 2022, with 789 points in aggregate on a scale of 1,000 possible points, three points higher than Dish Network'sSling TV.[92]
In 2023, Fubo's customer satisfaction score fell to 742, putting it behind YouTube TV (795), Hulu + Live TV (785), Sling TV (772) and DIRECTV Stream (748).[93][94]
For its 2024 evaluation, J.D. Power gave Fubo a customer satisfaction score of 578, putting it ahead of DirecTV Stream's score of 558. Fubo trailed YouTube TV (651), Hulu + Live TV (635), and Sling TV (613).[95]
On June 27, 2019, FuboTV announced it launched a free ad supported linear channel called Fubo Sports Network. The network is free to consumers onXumo.[96] Fubo Sports Network later launched on smart TVs like Samsung TV Plus and LG Channels powered by Xumo[97] and also on The Roku Channel.[98]
After the initial soft-launch, the company announced on September 9, 2019, that it would be adding a slate of sports-oriented original programming to Fubo Sports Network. IncludingCall It A Night andDrinks With Binks, two talk shows hosted by journalist and comedianJulie Stewart-Binks;The Cooligans, a soccer talk show hosted by New York comedians Alexis Guerreros and Christian Polanco; andThe Players Lounge hosted by Soccer Hall of Fame inducteeCobi Jones and PJ Harrison.[99] The company also made the live stream of Fubo Sports Network available on theFubo Sports Network website. Fubo Sports Network was added to the new Vizio Channels platform in April 2020.[100]
The company announced a partnership with former NBA All StarGilbert Arenas to bring hisNo Chill podcast to Fubo Sports Network as a weekly vodcast beginning May 2020. RetitledNo Chill with Gilbert Arenas, the show features Arenas and co-host Mike Botticello interviewing athletes, coaches and celebrities.[101] As of May 19, 2020, Fubo Sports Network is available on 75 million devices, according to the company.[102]
On September 10, 2020,professional wrestling promotionMajor League Wrestling (MLW) announced that their weekly flagship,MLW Fusion, would move to Fubo Sports Network on November 18.[103] In May 2021, Fubo Sports Network announced it had partnered withTerrell Owens andMatthew Hatchette to turn their podcast,Getcha Popcorn Ready, into a TV show. The new show began airing on Fubo Sports Network later that year.[104]
In January 2022, Fubo reached a six-year sublicense withFox Sports which gave them the rights to select soccer matches from theUEFA Nations League, European qualifiers to UEFA Euro 2024,UEFA Euro 2024 (5 matches), European qualifiers toFIFA World Cup 2026, European Qualifiers to UEFA Euro 2028,UEFA Euro 2028 (5 matches) and friendly matches played by European nations controlled by UEFA.[105]
In 2025, Fubo Sports Network began being distributedover-the-air.[80] Later that year Fubo signed a deal with theEuropean League of Football (ELF). Fubo Sports will air one game per week, and the playoffs of the highest American Football league in Europe.[106]
