FuboTV is an American over-the-top (OTT) sports-centric streaming service operating in the US, Canada, and Spain. Headquartered in Midtown Manhattan, it primarily focuses on live sports channels, offering access to major leagues like the Premier League, NFL, MLB, NBA, NHL, MLS, and CPL, along with international football. Fubo also provides news, network television series, and movies, varying by region.
FuboTV's Q2 earnings are approaching, with analysts weighing in. Financial health concerns are being examined alongside new 'Buy' ratings. The report looks closely at strengths and weaknesses.
In June 2021, FuboTV was added to the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
On January 1, 2015, Fubo was launched as a soccer streaming service.
In January 2015, FuboTV was co-founded by David Gandler, Alberto Horihuela, and Sung Ho Choi, launching at $7 per month with soccer-centric channels.
In 2017, Fubo internally built its tech stack and launched features like Cloud DVR storage, pausing and unpausing live streams and lookback of previously aired content for 72 hours.
In 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.
In 2017, Fubo transitioned from a soccer streaming service to an all-sports service and then to a virtual multichannel video programming distributor (vMVPD) model.
In March 2018, Fubo introduced a third stream option for an additional $5.99 per month, complementing the existing two simultaneous streams offered in its base subscription package.
In December 2018, Fubo announced its plans to expand into Spain.
On February 20, 2019, it was announced that channels from Viacom networks would be added to FuboTV on April 30, 2019.
On March 5, 2019, FuboTV expanded its 4K support to include the Big Ten Network.
On April 30, 2019, channels from Viacom networks were added to FuboTV.
In May 2019, FuboTV partnered with FanDuel to integrate sports betting data on the live TV streaming service, including carriage of FanDuel's horse racing networks, TVG and TVG2.
On June 19, 2019, FuboTV announced it would add Discovery Networks to its lineup.
On June 27, 2019, FuboTV announced it launched a free ad supported linear channel called Fubo Sports Network. The network is free to consumers on Xumo. Fubo Sports Network later launched on smart TVs like Samsung TV Plus and LG Channels powered by Xumo and also on The Roku Channel.
On September 9, 2019, Fubo announced it would be adding a slate of sports-oriented original programming to Fubo Sports Network, including Call It A Night, Drinks With Binks, The Cooligans, and The Players Lounge. The live stream of Fubo Sports Network was also made available on its website.
In 2019, FuboTV was named to Forbes’ Next Billion-Dollar Startups list.
On January 1, 2020, FuboTV dropped the Fox Sports Networks due to increasing carriage costs after their acquisition by the Sinclair Broadcast Group.
On March 9, 2020, FuboTV launched the NHL Network, planning to add the MLB Network and MLB Strike Zone to feature all four professional sports league networks.
On March 23, 2020, FuboTV was acquired by FaceBank Group, and renamed FuboTV Media, Inc. Facebank Group was then renamed FuboTV, Inc., led by David Gandler. Following the merger, FuboTV began trading on the OTC under the ticker symbol FUBO.
In April 2020, Fubo Sports Network was added to the new Vizio Channels platform, expanding its reach to more viewers.
In May 2020, Fubo announced a partnership with former NBA All Star Gilbert Arenas to bring his No Chill podcast to Fubo Sports Network as a weekly vodcast. Retitled No Chill with Gilbert Arenas, the show features Arenas and co-host Mike Botticello interviewing athletes, coaches and celebrities.
As of May 19, 2020, Fubo Sports Network is available on 75 million devices, according to the company, marking a significant increase in its reach.
In June 2020, FuboTV announced a deal with Disney Media Networks to bring ESPN Inc. and Walt Disney Television to the sports-focused streaming service sometime in the summer.
On July 1, 2020, FuboTV dropped WarnerMedia networks, including Cartoon Network, CNN, TBS, and TNT.
On September 10, 2020, professional wrestling promotion Major League Wrestling (MLW) announced that their weekly flagship, MLW Fusion, would move to Fubo Sports Network on November 18.
On September 15, 2020, FuboTV anticipated closing 2020 with 410,000–420,000 subscribers and announced its approval to list on the New York Stock Exchange (NYSE) under the ticker symbol FUBO.
On October 7, 2020, fuboTV completed its initial public offering as a New York Stock Exchange company, raising roughly $183 million.
On October 8, 2020, FuboTV began trading on the NYSE under the ticker symbol "FUBO," with shares jumping 10% in their market debut.
In December 2020, FuboTV acquired Balto Sports and planned to launch a free to play gaming app by the summer of 2021.
During its 2020 earnings report in March 2021, FuboTV reported it exceeded $100 million in quarterly revenue for the first time.
In January 2021, FuboTV reached an agreement with Nexstar Media Group to carry WGN America.
In March 2021, FuboTV reported it exceeded $100 million in quarterly revenue for the first time and would launch free-to-play predictive gaming in the third quarter of 2021. FuboTV also announced it closed the previously announced Vigtory acquisition and had established Fubo Gaming to oversee its entry into online sports wagering. The company signed agreements with the MLB and NBA to become an Authorized Gaming Operator of each league.
In May 2021, Fubo Sports Network announced it had partnered with Terrell Owens and Matthew Hatchette to turn their podcast, Getcha Popcorn Ready, into a TV show. The new show began airing on Fubo Sports Network later that year.
In May 2021, FuboTV announced that the first quarter was its strongest in its history, delivering $119.7 million in revenue and growing total subscribers to 590,430.
In June 2021, FuboTV was added to the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
On June 30, 2021, FuboTV dropped services from A&E Networks, including History, A&E, and Lifetime.
In 2021, FuboTV announced it intends to acquire sports gaming company Vigtory and launch its own sportsbook by the end of the year.
In November 2021, FuboTV announced it had reached the one million subscriber mark and launched Fubo Sportsbook, a mobile wagering app integrated with fuboTV's live TV streaming platform, in Iowa. The company signed an agreement to acquire France's leading live TV streaming platform, Molotov TV, and Indian AI startup edisn.ai.
In January 2022, Fubo secured a six-year sublicense with Fox Sports, granting them rights to select soccer matches from the UEFA Nations League, European qualifiers to UEFA Euro 2024, UEFA Euro 2024 (5 matches), European qualifiers to FIFA World Cup 2026, European Qualifiers to UEFA Euro 2028, UEFA Euro 2028 (5 matches) and friendly matches played by European nations controlled by UEFA.
In January 2022, FuboTV acquired the Canadian media rights to the Premier League.
In early February 2022, Fubo Gaming announced 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).
On May 25, 2022, GAC Living became available on FuboTV.
In June 2022, FuboTV launched pick'em games, free games that would be live with select sports directly from its home page.
In August 2022, FuboTV announced it was putting its sports wagering business under strategic review.
In August 2022, Ryan Reynolds took an equity stake in FuboTV and announced a co-production partnership, including the launch of the Maximum Effort Channel.
In December 2022, FuboTV announced content partnerships with Scripps Networks and Sinclair Broadcast Group's 19 Bally Sports regional sports networks.
In 2022, Fubo earned the highest score in J.D. Power's customer satisfaction survey among live TV streaming providers, achieving 789 points out of a possible 1,000, surpassing Dish Network's Sling TV by three points.
In June 2021, Fast Company reported FuboTV would begin beta testing predictive, free-to-play games and a live stats feature called FanView during FuboTV's exclusive streams of the South American CONMEBOL 2022 FIFA World Cup qualifying matches that month. 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.
On January 6, 2023, FuboTV began notifying subscribers of a base subscription package increase to $74.99 per month and introduced a regional sports network fee, costing $10.99 or $13.99 monthly depending on the number of regional sports channels received.
On June 20, 2023, Fubo launched the Maximum Effort Channel in partnership with Ryan Reynolds. The channel is also available on free streaming platforms like Amazon's Freevee, Xumo Play and Tubi.
In September 2023, Fubo faced a class-action lawsuit in Illinois for allegedly sharing customer viewing history with third-party advertisers without consent. Around the same time, Fubo was also sued by Dish Network for allegedly violating streaming-related patents.
In 2023, Fubo's customer satisfaction score fell to 742, placing it behind YouTube TV (795), Hulu + Live TV (785), Sling TV (772) and DIRECTV Stream (748) in J.D. Power's customer satisfaction survey.
In February 2024, FuboTV filed an antitrust lawsuit against The Walt Disney Company, Hearst Communications, Fox Corporation, and Warner Bros. Discovery over their streaming sports joint venture. Following the lawsuit, Fubo launched the "Save My Sports" website to rally public support.
In April 2024, Fubo announced the removal of Discovery networks content, including Discovery, HGTV, Food Network and TLC, after failing to reach an agreement with Warner Bros. Discovery, citing a lack of good-faith negotiations and abuse of market power.
On May 16, 2024, the streaming joint venture between The Walt Disney Company, Hearst Communications, Fox Corporation, and Warner Bros. Discovery announced that it would be named Venu. FuboTV believes this joint venture will draw customers away from them.
In June 2024, Comcast announced an agreement to make Fubo's streaming service available to its Xfinity Flex, Xumo Stream Box customers, and Xumo TVs.
In August 2024, a federal judge indicated Fubo was likely to succeed in its lawsuit against the Venu Sports joint venture, awarding a preliminary injunction to stop its launch. Disney, Hearst, Fox, and WBD plan to appeal the ruling, while Fubo will continue its lawsuit.
In September 2024, Fubo announced it became the first virtual multichannel video programming distributor (vMVPD) to enable users to select channels for multiviewing on Roku devices. Roku Ultra users can stream up to four channels simultaneously, while Roku Express 4K, 4K+, and Roku Streaming Stick 4K, 4K+ users can stream two channels at once.
In October 2024, Fubo announced an agreement with Chicago Sports Network and launched a standalone subscription service called Premium Subscription Services, allowing users to subscribe to specific live and on-demand content without a base channel plan. The move expanded Fubo’s offering to three tiers.
In November 2024, Fubo announced a deal with NBCUniversal to bring 18 NBCU FAST channels to the platform, including Noticias Telemundo Ahora, NBC Sports, and Today All Day. Four Telemundo channels immediately launched on Fubo’s Spanish-language Latino plan and all English-language channel plans.
For the 2024 J.D. Power evaluation, Fubo received a customer satisfaction score of 578, surpassing DirecTV Stream's score of 558, but trailed YouTube TV (651), Hulu + Live TV (635), and Sling TV (613).
On January 6, 2025, The Walt Disney Company announced its intention to acquire a 70% stake in Fubo, which would merge with Hulu's live TV service, with Disney shareholders controlling the combined company.
In February 2025, Fubo announced it would start streaming its Fubo Sports linear network on over-the-air channels in over 100 markets across the United States, including New York, Los Angeles, and Chicago, reaching over 12 million traditional TV households.
As of February 2025, FuboTV reported having 2.038 million global paying subscribers, which includes 1.676 million subscribers in North America.
In March 2025, Fubo announced an agreement with the Rangers Sports Network, allowing Fubo to stream all available Texas Rangers games, including pre- and post-game broadcasts, over its service.
In April 2025, Fubo was 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%.
In June 2025, Fubo announced it had signed a multi-year agreement with sports streaming provider DAZN, which would see both companies stream the other's content on their respective services. The announcement was made alongside the launch of a new DAZN1 channel on Fubo.
On June 26, 2025, Fubo announced a multi-year agreement with Weigel Broadcasting for distribution of seven networks: MeTV, Heroes & Icons, MeTV+, MeTV Toons, Catchy Comedy, Movies!, Story Television, and WCIU. 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.
In 2025, Fubo Sports Network began being distributed over-the-air. Later that year Fubo signed a deal with the European League of Football (ELF). Fubo Sports will air one game per week, and the playoffs of the highest American Football league in Europe.
According to Disney and Fubo, the merger announced on January 6, 2025, is projected to be completed sometime between January 2026 and July 2026.
According to Disney and Fubo, the merger announced on January 6, 2025, is projected to be completed sometime between January 2026 and July 2026.
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