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4w ago

FuboTV Reports Q1 Subscriber Decline, Prepares Sports Bundle Launch

The streaming service saw a drop in subscribers and ad revenue but exceeded revenue forecasts, while advancing its merger with Hulu + Live TV and planning a fall sports-focused bundle.

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Overview

  • FuboTV ended Q1 2025 with 1.47 million North American subscribers, down from 1.67 million in Q4 2024 and 1.51 million a year earlier.
  • The company reported $416.3 million in quarterly revenue, surpassing analyst projections, with a net income of $188.4 million driven by a $220 million antitrust litigation settlement.
  • Advertising revenue fell to $22.8 million, a 17% year-over-year decline, partly due to a carriage dispute with TelevisaUnivision that resulted in programming blackouts.
  • FuboTV is moving forward with plans to launch a sports-focused pay-TV bundle for the fall season, negotiating content deals with non-Disney partners.
  • The merger agreement with The Walt Disney Company to combine Fubo with Hulu + Live TV remains under regulatory review, with the deal expected to close in 2026.