Overview
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- TickerFUBO on NYSE2
- IndustryServices-Motion Picture & Video Tape Production2
- HeadquartersWilmington, United States2
- Incorporated inDE3
- Business address1290 Avenue Of The Americas, New York, New York, Ny 101043
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI529900Z0YH1VZ6QTWP272
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 103834392
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With a global mission to aggregate the best in TV, including premium sports, news and entertainment content, through a single app, Fubo aims to transcend the industry’s current TV model.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Research and development20¢$80.0M
- Other costs80¢$321.7M
- Income tax0¢$659.0K
Out of $402.3M in revenue.65 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.3M7 | $217.7M8 | $638.4M9 | $1.0B5 | $1.4B5 | $402.3M6 | |
| Cost of revenue | |||||||
| Gross profit | |||||||
| Research and development | $30.2M8 | $55.4M9 | $69.3M5 | $67.7M5 | $80.0M5 | ||
| Operating expenses | $966.6M9 | $1.4B5 | $1.7B5 | $1.8B5 | |||
| Operating income | -$15.0M10 | -$38.9M7 | -$479.9M8 | -$328.3M9 | -$411.9M5 | -$289.4M5 | -$196.0M5 |
| Interest | $2.7M15 | ||||||
| Income before tax | -$354.5M9 | -$426.7M5 | -$294.0M5 | -$177.1M5 | |||
| Income tax | -$2.1M10 | -$5.3M7 | -$9.7M8 | -$2.7M9 | -$1.7M5 | -$879.0K5 | $659.0K5 |
| Net income | -$10.6M10 | -$34.4M7 | -$570.3M8 | -$382.8M8 | -$561.5M5 | -$287.5M5 | -$172.3M5 |
| Earnings per share | -$2.3715 | -$12.828 | -$2.789 | -$3.085 | -$1.045 | -$0.545 | |
| Earnings per share (diluted) | -$2.3715 | -$12.828 | -$2.789 | -$3.085 | -$1.045 | -$0.545 | |
| Shares (weighted, basic) | 137.5M shares9 | 182.5M shares5 | 276.3M shares5 | 319.7M shares5 | |||
| Shares (weighted, diluted) | 137.5M shares9 | 182.5M shares5 | 276.3M shares5 | 319.7M shares5 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $31.0K10 | $7.6M16 | $134.9M7 | $371.0M8 | $337.1M9 | $245.3M5 | $161.4M5 |
| Receivables | $34.3M8 | $44.0M9 | $80.3M5 | $71.1M5 | |||
| Current assets | $31.0K10 | $18.0M16 | $156.7M7 | $428.5M8 | $436.9M9 | $386.8M5 | $274.0M5 |
| Property, plant and equipment | $5.1M8 | $5.0M9 | $4.8M5 | $6.1M5 | |||
| Goodwill | $619.6M9 | $618.5M5 | $622.8M5 | $615.4M5 | |||
| Intangible assets | $203.6M8 | $171.8M9 | $158.4M5 | $133.7M5 | |||
| Total assets | $286.1M10 | $368.2M16 | $859.3M7 | $1.4B8 | $1.3B9 | $1.2B5 | $1.1B5 |
| Accounts payable | $55.8M8 | $67.0M9 | $74.3M5 | $67.8M5 | |||
| Current liabilities | $18.6M10 | $67.4M16 | $227.3M7 | $337.3M8 | $438.8M9 | $517.3M5 | $515.3M5 |
| Long-term debt | $44.0M10 | ||||||
| Total liabilities | $53.6M10 | $145.0M16 | $236.4M7 | $698.9M8 | $874.4M9 | $948.8M5 | $896.6M5 |
| Retained earnings | -$1.0B8 | -$1.6B9 | -$1.8B5 | -$2.0B5 | |||
| Shareholders’ equity | $232.6M10 | $222.7M10 | $622.9M9 | $670.9M5 | $401.7M5 | $283.8M5 | $180.8M5 |
| Shares outstanding | 7.5M shares10 | 28.9M shares16 | 91.7M shares7 | 154.0M shares7 | 154.1M shares7 | 299.2M shares5 | 339.1M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$3.2M10 | $1.7M7 | -$149.0M8 | -$195.9M9 | -$316.7M5 | -$177.6M5 | -$79.5M5 |
| Depreciation and amortization | $37.7M9 | $36.7M5 | $36.5M5 | $38.5M5 | |||
| Stock-based compensation | $53.1M9 | $52.5M5 | $51.2M5 | $42.5M5 | |||
| Capital spending | $175.0K7 | $166.0K8 | $3.4M9 | $1.1M5 | $1.1M5 | $2.7M5 | |
| Free cash flow | $1.6M | -$149.2M | -$199.3M | -$317.8M | -$178.7M | -$82.2M | |
| Cash from investing | -$76.2M9 | -$12.4M5 | -$25.4M5 | -$15.8M5 | |||
| Cash from financing | $512.0M9 | $296.3M5 | $111.2M5 | $11.5M5 |
Corporate structure
FuboTV Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FuboTV Inc.
- Mudrick Capital Management, L.P. Filed SCHEDULE 13G/A on FuboTV Inc., latest May 14, 2026 (2 filings since Nov 5, 2025)
- BlackRock Filed SCHEDULE 13G/A on FuboTV Inc., latest Apr 24, 2026 (4 filings since Oct 22, 2024)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on FuboTV Inc., latest Mar 26, 2026 (10 filings since Feb 10, 2022)
- Islet Management, LP Filed SC 13G on FuboTV Inc., latest Mar 9, 2023
- Dragoneer Investment Group, LLC Filed SC 13G/A on FuboTV Inc., latest Feb 14, 2022
- FuboTV Inc. Wilmington, Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FuboTV Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $12.4M5 Dec 31, 2024 | $9.8M5 Dec 31, 2023 | +27.0% |
| Accumulated depreciation | $6.3M5 Dec 31, 2024 | $4.9M5 Dec 31, 2023 | +28.3% |
| Property and equipment, net | $6.1M5 Dec 31, 2024 | $4.8M5 Dec 31, 2023 | +25.7% |
| Operating-lease assets (leased space) | $31.8M5 Dec 31, 2024 | $35.8M5 Dec 31, 2023 | −11.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $161.4M5 Dec 31, 2024 | $245.3M5 Dec 31, 2023 | −34.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $615.4M5 Dec 31, 2024 | $622.8M5 Dec 31, 2023 | −1.2% |
| Intangible assets, net (excluding goodwill) | $133.7M5 Dec 31, 2024 | $158.4M5 Dec 31, 2023 | −15.6% |
| Finite-lived intangibles, gross | $272.9M5 Dec 31, 2024 | $293.5M5 Dec 31, 2023 | −7.0% |
| Accumulated amortization | $139.2M5 Dec 31, 2024 | $135.0M5 Dec 31, 2023 | +3.1% |
| Finite-lived intangibles, net | $133.7M5 Dec 31, 2024 | $158.4M9 Dec 31, 2023 | −15.6% |
Properties, in its own words
Our worldwide corporate headquarters and executive offices are located at 1290 Avenue of the Americas in New York, New York, where we occupy approximately 55,000 square feet of office space under a lease that expires in 2035. In addition, we lease various office and shared workspaces throughout the United States and internationally. We believe that our facilities are suitable to meet our current needs, and that suitable additional or substitute space will be available as needed to accommodate any further physical expansion of operations and for any additional offices.
Item 2 of the 10-K filed Mar 3, 2025.4
Leadership
Who has led FuboTV Inc., and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- Chief executive officerAlisa Anne Bowen Jul 13, 2026 to now17
- Chief executive officerDavid Gandler Apr 6, 2020 to Jul 13, 202618
- Chief executive officerAlexander Bafer Jun 24, 2015 to Jun 29, 201519
- ChairEdgar Bronfman Jr. Oct 14, 2020 to now20
- ChairAlexander Bafer Aug 5, 2016 to Aug 5, 201621
- PresidentBradley Albert Aug 4, 2016 to Aug 4, 201622
- Chief financial officerJohn Janedis Feb 7, 2022 to now23
- Chief financial officerSimone Nardi Apr 13, 2020 to Jun 10, 202024
- Chief financial officerAnand Gupta Nov 28, 2018 to Nov 28, 201825
- Chief financial officerAlexander Bafer Jun 24, 2015 to Jun 29, 201519
- Chief operating officerAlberto Horihuela Nov 22, 2023 to now26
- Chief operating officerJustin Morris Aug 4, 2016 to Aug 4, 201627
Board members and other officers (21)
- Chief Marketing OfficerAlberto Horihuela Apr 13, 2020 to Mar 28, 202328
- Board memberAlisa Anne Bowen Aug 21, 2026 to now29
- Board memberCathleen Marie Taff Nov 12, 2025 to now30
- Board memberDebra Mary O'Connell Nov 12, 2025 to now31
- Board memberDimitrios (jim) Lygopoulos Nov 12, 2025 to now32
- Board memberJonathan Scott Headley Nov 12, 2025 to now33
- Board memberJustin Grant Warbrooke Nov 12, 2025 to now34
- Board memberNeil Glat Mar 6, 2024 to now35
- Board memberJulie Haddon Mar 25, 2022 to now36
- Board memberDavid Gandler Apr 6, 2020 to now18
- Board memberEdgar Bronfman Jr. May 1, 2020 to Apr 27, 202137
- Board memberPar-Jorgen Parson May 26, 2020 to Jun 20, 202338
- Board memberHenry Ahn Jul 23, 2020 to Jul 22, 202139
- Board memberIgnacio Figueras Aug 10, 2020 to now40
- Board memberLaura Diane Onopchenko Sep 23, 2020 to now41
- Board memberBradley Albert Aug 4, 2016 to Aug 4, 201622
- Board memberJustin Morris Aug 4, 2016 to Aug 4, 201627
- Board memberAlexander Bafer Jun 24, 2015 to Jun 29, 201519
- Board memberDonovan J. Leitch Jun 24, 2015 to Jun 24, 201542
- Board memberJason Goodman Jun 24, 2015 to Jun 24, 201543
- General counselFrank Michael Esposito Jun 24, 2015 to Jun 24, 201544
Former names
- fuboTV Inc. /FLAug 13, 2020 to Oct 30, 20253
- FaceBank Group, Inc.Sep 30, 2019 to Aug 12, 20203
- Pulse Evolution Group, Inc.Feb 28, 2019 to Sep 25, 20193
- Recall Studios, Inc.Dec 5, 2017 to Feb 7, 20193
- CAROLCO PICTURES, INC.Jan 21, 2015 to Nov 21, 20173
- Brick Top Productions, Inc.Nov 29, 2010 to Dec 31, 20143
- York Entertainment, Inc.Feb 25, 2010 to Feb 25, 20103
Timeline
- Aug 5, 20268-K Results of operations45
- Jul 29, 20268-K Executive or director change; Bylaws or fiscal year changed; Shareholder vote46
- Jul 13, 2026New chief executive Alisa Anne Bowen becomes CEO17
- Jul 9, 20268-K Executive or director change; Regulation FD disclosure47
- May 6, 20268-K Results of operations48
- Apr 6, 20268-K Results of operations49
- Mar 23, 20268-K Bylaws or fiscal year changed50
- Mar 20, 20268-K Other events51
- Feb 6, 20268-K Shareholder vote52
- Feb 3, 20268-K Results of operations53
- Jan 23, 20268-K Other events54
- Jan 14, 20268-K Regulation FD disclosure55
- Jan 7, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure56
- Oct 29, 2025Founded FuboTV Inc. is founded2
- Apr 6, 2020New chief executive David Gandler becomes CEO18
- Jun 24, 2015New chief executive Alexander Bafer becomes CEO19
Calendar
Coming up
- Nov 2, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.12) a share, on Nov 3, 2025.57
When it reported results
- Aug 5, 2026Reported quarterly or annual results45
- May 6, 2026Reported quarterly or annual results48
- Apr 6, 2026Reported quarterly or annual results49
- Feb 3, 2026Reported quarterly or annual results53
- Nov 3, 2025Reported quarterly or annual results58
- Aug 8, 2025Reported quarterly or annual results59
- Jul 29, 2025Reported quarterly or annual results60
- May 2, 2025Reported quarterly or annual results61
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
323 filings to the SEC since October 2021: 4 annual reports, 16 quarterly reports, 63 major events, 114 insider forms, 23 large holders, 103 other. The latest 20:
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 2026S-8 EDGAR
- Aug 5, 20268-K EDGAR
- Jul 29, 20264 EDGAR
- Jul 29, 20264 EDGAR
- Jul 29, 20264 EDGAR
- Jul 29, 20264 EDGAR
- Jul 29, 20268-K EDGAR
- Jul 21, 2026144 EDGAR
- Jul 20, 2026144 EDGAR
- Jul 13, 20264 EDGAR
- Jul 13, 20263 EDGAR
- Jul 9, 2026DEFA14A EDGAR
- Jul 9, 20268-K EDGAR
- Jun 16, 2026ARS EDGAR
- Jun 16, 2026DEFA14A EDGAR
The 323 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
38 open-market trades by officers, directors and large owners since October 2021: 5 buys and 33 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 11, 2026 | Horihuela AlbertoChief Operating Officer | Sale | 141,074 | $10.38 | $1.5M | Form 4 |
| Jan 5, 2026 | Gandler DavidChief Executive Officer | Sale | 170,279 | $2.55 | $434.2K | Form 4 |
| Nov 24, 2025 | Janedis JohnChief Financial Officer | Sale | 130,478 | $3.12 | $407.1K | Form 4 |
| Nov 21, 2025 | Horihuela AlbertoChief Operating Officer | Sale | 138,753 | $3.16 | $438.5K | Form 4 |
| Nov 21, 2025 | Janedis JohnChief Financial Officer | Sale | 170,585 | $3.16 | $539.0K | Form 4 |
| Aug 14, 2025 | LEFF DANIEL VDirector | Sale | 66,061 | $3.68 | $243.1K | Form 4 |
| Aug 13, 2025 | LEFF DANIEL VDirector | Sale | 59,694 | $3.67 | $219.1K | Form 4 |
| Aug 13, 2025 | BRONFMAN EDGAR JRExecutive Chairman | Sale | 59,694 | $3.67 | $219.1K | Form 4 |
| Aug 12, 2025 | LEFF DANIEL VDirector | Sale | 59,694 | $3.62 | $216.1K | Form 4 |
| Aug 12, 2025 | BRONFMAN EDGAR JRExecutive Chairman | Sale | 59,694 | $3.62 | $216.1K | Form 4 |
| Jul 30, 2025 | Onopchenko Laura DianeDirector | Sale | 100,000 | $3.92 | $392.0K | Form 4 |
| Jul 30, 2025 | LEFF DANIEL VDirector | Sale | 75,339 | $4.14 | $311.7K | Form 4 |
| Jul 30, 2025 | Figueras IgnacioDirector | Sale | 66,061 | $4.26 | $281.4K | Form 4 |
| Feb 21, 2025 | Janedis JohnChief Financial Officer | Sale | 25,823 | $4.16 | $107.4K | Form 4 |
| Jan 10, 2025 | Horihuela AlbertoChief Operating Officer | Sale | 5,868 | $5.98 | $35.1K | Form 4 |
| Jan 8, 2025 | Horihuela AlbertoChief Operating Officer | Sale | 29,358 | $6.00 | $176.1K | Form 4 |
| Jan 7, 2025 | Horihuela AlbertoChief Operating Officer | Sale | 403,847 | $6.03 | $2.4M | Form 4 |
| Jan 7, 2025 | Gandler DavidChief Executive Officer | Sale | 1,649,442 | $5.53 | $9.1M | Form 4 |
| Jan 6, 2025 | Gandler DavidChief Executive Officer | Sale | 2,665,654 | $5.01 | $13.4M | Form 4 |
| Nov 22, 2024 | Janedis JohnChief Financial Officer | Sale | 76,766 | $1.50 | $115.1K | Form 4 |
All 38 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Mudrick Capital Management, L.P.SCHEDULE 13G/A, 2 filings Nov 5, 2025 to May 14, 202662
- BlackRockSCHEDULE 13G/A, 4 filings Oct 22, 2024 to Apr 24, 202663
- VANGUARD GROUP INCSCHEDULE 13G/A, 10 filings Feb 10, 2022 to Mar 26, 202664
- Islet Management, LPSC 13G, 1 filing Mar 9, 202365
- Dragoneer Investment Group, LLCSC 13G/A, 1 filing Feb 14, 202266
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Chief Executive Officer | $1.5M | $8.0M67 | |
| 2024 | Chief Operating Officer | $543.0K | $2.3M67 | |
| 2024 | Chief Financial Officer | $538.0K | $2.1M67 | |
| 2024 | Former ExecutiveChairman | $100.0K | $120.8K67 | |
| 2023 | Chief Executive Officer | $730.0K | $5.2M67 | |
| 2023 | Chief Financial Officer | $480.0K | $2.8M67 | |
| 2023 | Chief Operating Officer | $473.0K | $2.1M67 | |
| 2023 | Former ExecutiveChairman | $97.0K67 | ||
| 2022 | Chief Operating Officer | $406.0K | $631.5K67 | |
| 2022 | Former ExecutiveChairman | $95.0K67 | ||
| 2022 | Chief Executive Officer | $558.2K | $29.2K67 | |
| 2022 | Chief Financial Officer | $387.7K | $21.6K67 |
SEC filer profile
How FuboTV Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFuboTV Inc.1
- CIK0001484769
- Employer ID (EIN)26-43305454
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inFlorida4
- Fiscal year endsSeptember 301
- Industry code (SIC)7812 Services-Motion Picture & Video Tape Production1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address1290 Avenue Of The Americas, New York, New York, NY 101041
- Phone(212) 672-00551
- Shares outstanding342,433,118 as of Jul 31, 202568
- Public float$396.6M as of Jun 28, 20244
- AuditorKPMG LLP, New York, NY PCAOB ID 185; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceFeb 25, 20101
- Filings715 in all: 8-K (172), 4 (153), 10-Q (44), 144 (44), 3 (37), SC 13G/A (21), DEFA14A (17), SC 13G (16)1
All 56 form types
NT 10-Q (14), 10-K (13), UPLOAD (13), 8-K/A (11), D (11), CORRESP (10), S-1/A (10), S-8 (10), 4/A (9), EFFECT (9), DEF 14C (8), NT 10-K (8), PRE 14C (8), DEF 14A (7), SCHEDULE 13G/A (7), PRE 14A (5), ARS (4), SC TO-I/A (4), 10-K/A (3), 10-Q/A (3), 424B4 (3), 424B5 (3), S-1 (3), S-3 (3), SC 13D (3), 424B3 (2), 424B7 (2), 5 (2), POS AM (2), S-3ASR (2), SC TO-I (2), 144/A (1), 3/A (1), 425 (1), 8-A12B (1), 8-A12G (1), CERT (1), DEFM14A (1), NTN 10Q (1), PREM14A (1), S-1MEF (1), S-3/A (1), S-4 (1), S-4/A (1), SC 13D/A (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Mar 3, 2025
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Jun 16, 2026
Latest 8-K (8-K) Aug 5, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.0001 per share | FUBO | New York Stock Exchange |
From the cover page of the 10-K filed Mar 3, 2025 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks FuboTV Inc. names in Item 1A of its 10-K filed Mar 3, 2025: 70 risks under these headings, as written.4
- Risks Related to Our Financial Position and Capital Needs
- We have incurred operating losses in the past, expect to incur operating losses in the future and may never achieve or maintain profitability.
- We may require additional capital to meet our financial obligations and support planned business growth, and this capital might not be available on acceptable terms or at all.
- Our revenue is subject to seasonality, and if subscriber behavior during certain seasons falls below our expectations, our business may be harmed.
- We might not be able to utilize a significant portion of our net operating loss carryforwards.
- Our financial condition and results of operations could be adversely affected if we do not effectively manage our current or future debt.
- Servicing our indebtedness will require a significant amount of cash, and we may not have sufficient cash flow from our business to pay our substantial indebtedness.
- Our operating results may fluctuate, which makes our results difficult to predict.
- If we fail to effectively manage our growth, our business, operating results, and financial condition may suffer.
- Risks Relating to the Business Combination
- The Business Combination may not be completed on the terms or timeline currently contemplated, or at all, and failure to complete the Business Combination may result in material adverse consequences to Fubo’s business and operations.
- Fubo and Hulu will be subject to business uncertainties and contractual restrictions while the Business Combination is pending that could adversely affect either of them or, in the event the Business Combination is completed, Newco.
The other 60 risks
- The Business Combination Agreement contains provisions that may discourage other companies from trying to acquire Fubo.
- Fubo has incurred, and will continue to incur, direct and indirect costs as a result of the Business Combination.
- Litigation challenging the Business Combination Agreement and the Business Combination may prevent the Business Combination from being consummated within the expected timeframe or at all.
- Our principal asset after the completion of the Business Combination will be our interest in Newco, and, accordingly, we will depend on distributions from Newco to pay our taxes and expenses, including payments under the contemplated Tax Receivables Agreement, and to pay dividends. Newco’s ability to make such distributions may be subject to various limitations and restrictions.
- The Tax Receivables Agreement with Hulu will require us to make cash payments to Hulu in respect of certain tax benefits to which we may become entitled, and we expect that the payments we will be required to make will be substantial.
- Risks Related to Our Relationships with Content Providers, Customers and Other Third Parties
- The long-term nature of certain of our content commitments may limit our operating flexibility and could adversely affect our liquidity and results of operations.
- Our results may be adversely affected if long-term content contracts are not renewed on sufficiently favorable terms.
- If we fail to obtain or maintain popular content, we may fail to retain existing subscribers and attract new subscribers.
- If our efforts to attract and retain subscribers are not successful, our business will be adversely affected.
- Our agreements with certain distribution partners may contain parity obligations which limit our ability to pursue unique partnerships.
- If we are unable to maintain an adequate supply of ad inventory on our platform, our business may be harmed.
- If content providers refuse to license streaming content or other rights upon terms acceptable to us, our business could be adversely affected.
- Our content providers impose a number of restrictions on how we distribute and market our products and services, which can adversely affect our business.
- Our agreements with content providers are complex, with various rights restrictions and favorability obligations which impose onerous compliance obligations.
- We face risks, such as unforeseen costs and potential liability in connection with content we acquire, produce, license and/or distribute through our service.
- If our efforts to build a strong brand and to maintain customer satisfaction and loyalty are not successful, we may not be able to attract or retain subscribers, and our business may be harmed.
- We rely upon a number of partners to make our service available on their devices.
- We rely upon Google Cloud Platform and Amazon Web Services to operate certain aspects of our service, and any disruption of or interference with our use of Google Cloud Platform and/or Amazon Web Services would impact our operations and our business could be adversely impacted.
- Risks Related to Our Financial Reporting and Disclosure
- If we identify material weaknesses in the future or otherwise fail to maintain an effective system of internal controls, investors could lose confidence in the accuracy and completeness of our financial reports.
- Our key metrics and other estimates are subject to inherent challenges in measurement, and real or perceived inaccuracies in those metrics may seriously harm and negatively affect our reputation and our business.
- Preparing and forecasting our financial results requires us to make judgments and estimates which may differ materially from actual results, and if our operating and financial performance does not meet the guidance that we provide to the public, the market price of our common stock may decline.
- Impairment in the carrying value of goodwill or long-lived assets could negatively affect our operating results.
- Risks Related to Our Products and Technologies and Competition
- TV streaming is highly competitive and many companies, including large technology and entertainment companies, TV brands, and service operators, are actively focusing on this industry. If we fail to differentiate ourselves and compete successfully with these companies, it will be difficult for us to attract or retain subscribers and our business will be harmed.
- If the advertisements and audience development campaigns and other promotional advertising on our platform are not relevant or not engaging to our subscribers, our growth in subscribers, advertisers and hours streamed may be adversely impacted.
- Our future growth depends on the acceptance and growth of OTT advertising and OTT advertising platforms.
- We may not be successful at expanding our content to areas outside our current content offering and even if we are able to expand into other content areas and sustain such expansion, we may not be successful in overcoming our reputation as primarily a live sports streaming service.
- If TV streaming develops more slowly than we expect, our operating results and growth prospects could be harmed. In addition, our future growth depends in part on the growth of TV streaming advertising.
- Changes in competitive offerings for entertainment video, including the potential rapid adoption of piracy-based video offerings, could adversely impact our business.
- Our products and services related to sports wagering subjected our business to a variety of related gaming laws, many of which are unsettled and still developing, and which could subject us to claims or otherwise harm our business. The violation of any such laws, any adverse change in any such laws or their interpretation, or the regulatory climate applicable to these products and services, could have a material adverse effect on our financial condition and results of operations.
- If the technology we use in operating our business fails, is unavailable, or does not operate to expectations, our business and results of operation could be adversely impacted.
- We rely on third-party providers to validate the identity and identify the location of our users, and if such providers fail to perform adequately, provide accurate information or we do not maintain business relationships with them, our business, financial condition and results of operations could be adversely affected.
- We may face risks associated with our use of certain artificial intelligence and machine learning models.
- Risks Related to Regulation
- We will be subject to regulatory investigations, which could cause us to incur substantial costs or require us to change our business practices in a materially adverse manner.
- If government regulations relating to the Internet or other areas of our business change, we may need to alter the manner in which we conduct our business and we may incur greater operating expenses.
- We are subject to payment processing risk.
- We may be subject to fines or other penalties imposed by the Internal Revenue Service and other tax authorities.
- We could be required to collect additional sales and other similar taxes or be subject to other tax liabilities that may increase the costs our customers would have to pay for our subscriptions and adversely affect our operating results.
- We are subject to taxation-related risks in multiple jurisdictions.
- We may be subject to fines or other penalties imposed by the Federal Communications Commission.
- Risks Related to Our Operations
- Legal proceedings could cause us to incur unforeseen expenses and could occupy a significant amount of our management’s time and attention.
- The quality of our customer support is important to our subscribers, and if we fail to provide adequate levels of customer support, we could lose subscribers, which would harm our business.
- We may be unable to successfully expand our international operations and our international expansion plans, if implemented, will subject us to a variety of economic, political, regulatory and other risks.
- Our operations outside the U.S. may be adversely affected by the operation of laws in those jurisdictions.
- We depend on highly skilled key personnel to operate our business, and if we are unable to attract, retain, and motivate qualified personnel, our ability to develop and successfully grow our business could be harmed.
- The impact of worldwide economic conditions may adversely affect our business, operating results, and financial condition.
- Changes in how we market our service could adversely affect our marketing expenses and subscription levels may be adversely affected.
- We have pursued and may in the future engage in strategic transactions, including acquisitions and investments, which involve a number of risks, and if we are unable to address and resolve these risks successfully, such acquisitions and investments could harm our business.
- Risks Related to Privacy, Consumer Protection and Cybersecurity
- We are subject to a number of legal requirements and other obligations regarding privacy, security, consumer protection and data protection, and any actual or perceived failure to comply with these requirements or obligations could have an adverse effect on our reputation, business, financial condition and operating results.
- Any significant interruptions, delays or discontinuations in service or disruptions in or unauthorized access to our information technology systems or those of third parties that we utilize in our operations, including those relating to cybersecurity or arising from cyber-attacks, could result in a loss or degradation of service, unauthorized disclosure of data, including subscriber and corporate information, or theft of intellectual property, including digital content assets, which could adversely impact our business.
- Risks Related to Our Intellectual Property
- We could become subject to litigation regarding intellectual property rights that could be costly and harm our business.
- An inability to obtain licenses for our streaming content from suppliers or other rights holders could be costly and harm our business.
- If our technology, trademarks and other proprietary rights are not adequately protected to prevent use or misappropriation by our competitors, the value of our brand and other intangible assets may be diminished, and our business may be adversely affected.
- Our use of open-source software could impose limitations on our ability to commercialize our platform.
- If we are unable to obtain necessary or desirable third-party technology licenses, our ability to develop platform enhancements may be impaired.
- Risks Related to the 2026 Convertible Notes
- We may not have the ability to raise the funds necessary to settle conversions of the 2026 Convertible Notes in cash or to repurchase the 2026 Convertible Notes upon a fundamental change, and our future debt may contain limitations on our ability to pay cash upon conversion or repurchase of the 2026 Convertible Notes.
- The conditional conversion feature of all or a portion of the 2026 Convertible Notes, if triggered, may adversely affect our financial condition and operating results.
- The accounting method for convertible debt securities that may be settled in cash, such as the 2026 Convertible Notes, could have a material effect on our reported financial results.
- Provisions in the indenture for the 2026 Convertible Notes may deter or prevent a business combination that may be favorable to you.
- Risks Related to the 2029 Convertible Notes
- We may not have the ability to raise the funds necessary to settle conversions of the 2029 Convertible Notes in cash or to repurchase the 2029 Convertible Notes upon a fundamental change, and our future debt may contain limitations on our ability to pay cash upon conversion or repurchase of the 2029 Convertible Notes.
Legal proceedings
We are, and may in the future, be involved in various legal proceedings arising from the normal course of business activities. Although the results of litigation and claims cannot be predicted with certainty, currently, the Company believes that the likelihood of any material adverse impact on the Company’s consolidated results of operations, cash flows or our financial position for any such litigation or claims is remote. Regardless of the outcome, litigation can have an adverse impact on the Company because of the costs to defend lawsuits, diversion of management resources and other factors.
DISH Technologies, LLC, et al. v. fuboTV Media Inc., No. 1:23-cv-00986 (D. Del)
On September 6, 2023, DISH Technologies L.L.C. and Sling TV L.L.C. (collectively, “DISH”) filed a complaint in the District of Delaware alleging that fuboTV Media Inc. (“fuboTV Media”) infringes eight of DISH's patents by streaming video through a fuboTV Media application and seeking damages and injunctive relief.
On December 14, 2023, following a series of stipulated extensions, fuboTV Media filed a motion to dismiss the complaint asserting that DISH’s patents are invalid. A hearing was held on March 25, 2024.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARFuboTV Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARFuboTV Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARFuboTV Inc. 10-K for fiscal 2024
- 6SEC EDGARFuboTV Inc. 10-K for fiscal 2024
- 7SEC EDGARFuboTV Inc. 10-K for fiscal 2019
- 8SEC EDGARFuboTV Inc. 10-K for fiscal 2020
- 9SEC EDGARFuboTV Inc. 10-K for fiscal 2021
- 10SEC EDGARFuboTV Inc. 10-K for fiscal 2018
- 11SEC EDGARFuboTV Inc. 10-Q for fiscal 2025
- 12SEC EDGARFuboTV Inc. 10-Q for fiscal 2025
- 13SEC EDGARFuboTV Inc. 10-Q for fiscal 2026
- 14SEC EDGARFuboTV Inc. 10-Q for fiscal 2026
- 15SEC EDGARFuboTV Inc. 10-K for fiscal 2018
- 16SEC EDGARFuboTV Inc. 10-K for fiscal 2019
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- 20SEC EDGAREdgar Bronfman Jr., Chair
- 21SEC EDGARAlexander Bafer, Chair
- 22SEC EDGARBradley Albert, President
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- 25SEC EDGARAnand Gupta, Chief financial officer
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- 29SEC EDGARAlisa Anne Bowen, Board member
- 30SEC EDGARCathleen Marie Taff, Board member
- 31SEC EDGARDebra Mary O'Connell, Board member
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- 33SEC EDGARJonathan Scott Headley, Board member
- 34SEC EDGARJustin Grant Warbrooke, Board member
- 35SEC EDGARNeil Glat, Board member
- 36SEC EDGARJulie Haddon, Board member
- 37SEC EDGAREdgar Bronfman Jr., Board member
- 38SEC EDGARPar-Jorgen Parson, Board member
- 39SEC EDGARHenry Ahn, Board member
- 40SEC EDGARIgnacio Figueras, Board member
- 41SEC EDGARLaura Diane Onopchenko, Board member
- 42SEC EDGARDonovan J. Leitch, Board member
- 43SEC EDGARJason Goodman, Board member
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- 45SEC EDGARResults of operations
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- 48SEC EDGARResults of operations
- 49SEC EDGARResults of operations
- 50SEC EDGARBylaws or fiscal year changed
- 51SEC EDGAROther events
- 52SEC EDGARShareholder vote
- 53SEC EDGARResults of operations
- 54SEC EDGAROther events
- 55SEC EDGARRegulation FD disclosure
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- 57NasdaqNasdaq calendar
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