FuboTV is an American over-the-top (OTT) streaming television service operating in the US, Canada, and Spain. Headquartered in Midtown Manhattan, it primarily focuses on live sports channels. Subscribers gain access to major sports leagues like the Premier League, NFL, MLB, NBA, NHL, MLS, and CPL, alongside international football, news, network TV series, and movies, varying by region.
FuboTV's Q4 earnings were reviewed against media stock peers like Warner Bros. Discovery. The analysis provides insights into FuboTV's financial performance and market position within the media landscape during the fourth quarter.
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. It launched with soccer-centric channels and a $7 monthly subscription fee.
In 2017, Fubo built its tech stack internally and launched features like Cloud DVR storage, pausing and unpausing live streams and lookback of previously aired content for 72 hours.
In March 2018, Fubo introduced a third stream for $5.99 per month, expanding beyond the two simultaneous streams offered in its base subscription package.
In December 2018, FuboTV announced its plans to expand its services 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, enhancing the viewing experience for sports fans.
Viacom networks were added to FuboTV on April 30, 2019, expanding its content offerings.
In May 2019, FuboTV partnered with FanDuel to integrate sports betting data into the live TV streaming service. The deal included carriage of FanDuel's horse racing networks, TVG (now FanDuel TV) and TVG2 (now FanDuel Racing).
On June 19, 2019, FuboTV announced the addition of the Discovery Networks to its lineup, joining Scripps Networks.
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.
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, recognizing its growth potential.
On January 1, 2020, FuboTV dropped the Fox Sports Networks due to increasing carriage costs following their acquisition by the Sinclair Broadcast Group.
On March 9, 2020, FuboTV launched the NHL Network, with plans to add MLB Network and MLB Strike Zone to include all four professional sports league networks on its platform.
On March 23, 2020, FuboTV was acquired by FaceBank Group, which was then renamed FuboTV, Inc. David Gandler remained CEO.
In April 2020, Fubo Sports Network was added to the new Vizio Channels platform.
In May 2020, Fubo announced a partnership with Gilbert Arenas to bring his No Chill podcast to Fubo Sports Network as a vodcast, retitled No Chill with Gilbert Arenas.
As of May 19, 2020, Fubo Sports Network is available on 75 million devices, according to the company.
In June 2020, FuboTV announced a deal with Disney Media Networks to bring ESPN Inc., and Walt Disney Television networks (including ESPN and ABC) to its streaming service.
On July 1, 2020, FuboTV dropped WarnerMedia networks, including Cartoon Network, CNN, TBS, and TNT.
On September 10, 2020, 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 projected 410,000–420,000 subscribers by the end of 2020 and announced its conditional 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 approximately $183 million in proceeds.
On October 8, 2020, fuboTV shares 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. With the Balto Sports acquisition, the company planned to launch a free to play gaming app by the summer of 2021.
In December 2020, FuboTV acquired Balto Sports and launched EPIX and STARZ channels. It also reached an agreement to carry WGN America in January 2021.
During its 2020 earnings report, FuboTV stated it would launch free-to-play predictive gaming in the third quarter of 2021 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.
In January 2021, FuboTV reached an agreement with Nexstar Media Group to begin carrying WGN America.
In March 2021, FuboTV reported exceeding $100 million in quarterly revenue for the first time during its fourth quarter 2020 earnings results.
In May 2021, Fubo Sports Network partnered with Terrell Owens and Matthew Hatchette to turn their podcast, Getcha Popcorn Ready, into a TV show which began airing on Fubo Sports Network later that year.
In May 2021, FuboTV announced that its first quarter was its strongest in history, delivering $119.7 million in revenue, a 135% increase year-over-year, and growing total subscribers to 590,430, up 105% year-over-year.
In June 2021, FuboTV was added to the Russell 2000 Index at the conclusion of the index's annual reconstitution.
On June 30, 2021, FuboTV dropped services from A&E Networks, including History, A&E, and Lifetime.
In 2021, FuboTV announced its expansion into online sports wagering, with plans to launch a free to play gaming app and acquire sports gaming company Vigtory to launch its own sportsbook.
In 2021, FuboTV reached the one million subscriber mark.
In January 2022, Fubo reached a six-year sublicense with Fox Sports which gave them the 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, replacing DAZN.
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 that are live with select sports directly from its home page.
In August 2022, FuboTV announced that it was putting its sports wagering business under strategic review.
In August 2022, Ryan Reynolds took an equity stake in FuboTV. Reynolds, his Maximum Effort studio and Fubo announced a co-production partnership that will include the launch of the Maximum Effort Channel on FuboTV.
In December 2022, FuboTV announced content partnerships with Scripps Networks and Sinclair Broadcast Group's 19 Bally Sports regional sports networks.
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 American CONMEBOL 2022 FIFA World Cup qualifying matches that month.
In 2022, Fubo earned the highest score in J.D. Power's customer satisfaction survey among live TV streaming providers, with 789 points.
On December 31, 2022, FuboTV removed channels owned and operated by AMC Networks, including AMC, BBC America, BBC World News, IFC, We TV and Sundance and announced that it would not provide refunds or credits to customers who prepaid for service.
On January 6, 2023, FuboTV notified subscribers of a price increase for the base subscription package to $74.99 per month. FuboTV also rolled out a regional sports network fee to subscribers, charging $10.99 or $13.99 per month depending on the number of regional sports channels received.
On June 20, 2023, Fubo launched the Maximum Effort Channel in partnership with Ryan Reynolds. Besides Fubo, the channel is available on free streaming platforms like Amazon's Freevee, Xumo Play and Tubi.
In September 2023, Fubo was sued in a proposed class-action lawsuit for allegedly sharing customer viewing history with third-party advertisers without consent. Around the same time in September 2023, Dish Network also sued Fubo for allegedly violating streaming-related patents.
In 2023, Fubo's customer satisfaction score in the J.D. Power survey fell to 742, ranking behind YouTube TV, Hulu + Live TV, Sling TV and DIRECTV Stream.
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. Fubo also launched a website called "Save My Sports" to rally public support for the lawsuit.
In April 2024, Fubo removed Discovery networks content, including Discovery, HGTV, Food Network and TLC, after failing to reach an agreement with Warner Bros. Discovery. Fubo accused Warner Bros. Discovery of not negotiating in good faith and abusing its market power.
On May 16, 2024, the streaming sports joint venture, which was the subject of FuboTV's antitrust lawsuit, was officially named Venu.
In June 2024, Comcast announced a deal to make the Fubo streaming service available to its Xfinity Flex, Xumo Stream Box customers, and Xumo TVs.
In August 2024, a federal judge indicated that Fubo was likely to prevail in its lawsuit against the Venu Sports joint venture and granted the company a preliminary injunction to halt its launch. The media companies involved stated they would appeal the ruling, while Fubo declared its intention to persist with its lawsuit against the joint venture.
In September 2024, Fubo became the first vMVPD to offer users the ability to choose their own channels for multiviewing on Roku devices. Roku Ultra devices can stream up to four channels at once, while Roku Express 4K and 4K+, and Roku Streaming Stick 4K and 4K+ can stream two channels simultaneously.
In October 2024, Fubo announced an agreement with Chicago Sports Network. The company also announced the launch of Premium Subscription Services, a standalone subscription service that allows users to subscribe to specific live and on-demand content without a base channel plan. This expanded Fubo's offerings to three tiers.
In November 2024, Fubo announced a deal with NBCUniversal to bring 18 NBCU FAST channels to the platform. Four channels from Telemundo launched immediately on Fubo’s Spanish-language Latino plan and all English-language channel plans, and the remaining 14 channels were slated to launch soon.
In 2024, J.D. Power gave Fubo a customer satisfaction score of 578, placing it ahead of DirecTV Stream but behind YouTube TV, Hulu + Live TV, and Sling TV.
On January 6, 2025, The Walt Disney Company announced its intent to acquire a 70% stake in Fubo, merging it with Hulu's live TV service. The combined entity will be controlled by Disney shareholders.
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.
As of February 2025, FuboTV reported having 2.038 million global paying subscribers, with 1.676 million in North America.
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.
In April 2025, Fubo ranked 79th in Financial Times' list of The Americas’ Fastest-Growing Companies of 2025, with a high absolute growth rate and compound annual growth rate.
In 2025, Fubo Sports Network began being distributed over-the-air.
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