FuboTV

FuboTV, Inc.
Fubo
FormerlyFaceBank Group
Company typePublic
NYSEFUBO
IndustryPay television
FoundedJanuary 1, 2015 (2015-01-01)
FounderDavid Gandler
Alberto Horihuela
Sung Ho Choi
FatePending sale to the Walt Disney Company and merger with Hulu's Live TV service.
Headquarters1330 Avenue 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)
ServicesStreaming television
RevenueIncrease US$1.62 Billion (2024)[1]
IncreaseUS$177.8 million (2024)[1]
IncreaseUS$172.25 million (2023)[1]
Total assetsDecrease US$1.08 billion (2024)[1]
Total equityDecrease US$180.78 million (2024)[1]
OwnerParamount Global (undisclosed stake)
SubsidiariesFuboTV Media, Inc.
Websitefubo.tv

FuboTV, Inc., formerly known as the FaceBank Group, and its subsidiary FuboTV Media, Inc., which operates as FuboTV or Fubo, comprise an American over-the-top sports streaming television service that serves customers in Canada, Spain, and the US. [2] Fubo is based in Midtown Manhattan. 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 the Premier League, NFL, MLB, NBA, NHL, MLS, CPL, and international football, as well as news, network television series, and movies.[3]

Launched on January 1, 2015, as a soccer streaming service, Fubo changed to an all-sports service in 2017 and then to a virtual 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 U.S., there are several service options 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 like YouTube TV. A number of add-on packages are also available for viewers who want more programming options, Spanish-language content, premium movie networks or additional features.[5] As of February 2025, the company says it has 2.038 million global paying subscribers, including 1.676 million 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 with Hulu's live TV service. The combined company will remain public, but will be controlled by Disney shareholders and will be a sister service to Disney+, ESPN+, and the aforementioned Hulu. The merger will take 12 to 18 months according to Disney and Fubo. It is unknown if Disney will acquire Paramount's undisclosed stake.

  1. ^ a b c d e "FuboTV, Inc. 2023 Balance Sheet". March 31, 2025. Retrieved March 31, 2025.
  2. ^ "FuboTV Takes Its Cord Cutting Service Overseas". Fast Company. December 3, 2017. Retrieved August 14, 2019.
  3. ^ "FuboTV Reveals Its Package as It Takes on OTT Rivals in First TV Ads". adage.com. September 12, 2017. Retrieved September 14, 2017.
  4. ^ "FuboTV Launches New Beta of Bigger OTT-TV Service". multichannelnews.com. February 10, 2017. Retrieved August 14, 2019.
  5. ^ Channels – fuboTV, retrieved November 14, 2019
  6. ^ "Fubo Closed 2024 With Record $1.59B Revenue, 1.676M Paid Subscribers in North America". Fubo Investor Relations Page. February 28, 2025.

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