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    Fubo
    subscription television

    Fubo

    United States flagUnited States

    "The Ultimate Live Sports Streaming Service"

    Founded January 2015 New York City, New York, United States CEO: David Gandler
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    About

    Fubo started in January 2015 as a tiny streaming service for die-hard soccer fans, offering just one channel, beIN Sports. The founders, David Gandler, Sung Ho Choi, and Alberto Horihuela, saw that cord-cutters who loved the beautiful game had nowhere to go. Within two years, they had added more soccer leagues and built a loyal following. But the real pivot came in 2017, when Fubo decided to become a full virtual cable provider, stacking on ESPN, Fox Sports, and NBC Sports alongside its soccer roots. By 2019, the company dropped its dedicated soccer tier entirely to compete head-to-head with YouTube TV and Sling TV. Going public via a SPAC merger in October 2020 gave it the cash to go after bigger rights and more subscribers.

    Today, Fubo carries over 200 live channels and markets itself as a sports-first alternative to cable. You get NFL, MLB, NBA, NHL, MLS, college sports, international soccer, and even niche offerings like boxing and motorsports. The service includes a 1,000-hour cloud DVR and lets you watch on up to ten screens at once, which is handy for a household full of fans. In 2023, Fubo launched a free, ad-supported tier called Fubo Free, and it experimented with a sportsbook that it shut down in late 2022 to refocus on streaming.

    Fubo's biggest challenge is the same one every live TV streamer faces: the soaring cost of sports rights. Its base plan jumped from $64.99 a month in 2022 to $79.99 in 2024, which sparked some backlash. The company also sued Disney, Fox, and Warner Bros. Discovery over the planned Venu Sports joint venture, settling in early 2024 for $145 million. As of Q3 2024, Fubo had about 1.6 million paid subscribers in North America, putting it behind YouTube TV and Hulu with Live TV but still a solid player in the sports streaming space. The company is headquartered in New York City's Flatiron District, with offices in Denver and a small presence in Canada and Spain.

    Products & Sub-brands

    Fubo (base streaming service)Fubo Elite (4K HDR tier)Fubo Free (ad-supported tier)Fubo Sportsbook (discontinued 2022)Discovery+ add-on

    Frequently Asked Questions

    Who owns Fubo?
    Fubo is a publicly traded company listed on the NYSE under the ticker FUBO. Its largest institutional shareholders include The Vanguard Group, BlackRock, and ARK Invest. There is no single majority owner; the company is owned by its shareholders.
    Who is the CEO of Fubo?
    The CEO of Fubo is David Gandler, who co-founded the company in 2015. He has led the company from a soccer-only streaming service to a major sports-focused virtual cable provider with over 1.5 million subscribers.
    How much is Fubo worth?
    As of late 2024, Fubo's market capitalization is approximately $1.2 billion. The company reported revenue of $1.37 billion for 2023, but it is not yet profitable, with a net loss of $284 million that year.
    Fubo vs YouTube TV: Which is better for sports?
    Fubo offers more niche sports channels like beIN Sports and MLB Network, plus a superior multi-view feature for watching multiple games at once. YouTube TV has a larger overall channel lineup and includes NFL Sunday Ticket. For pure sports, Fubo is often preferred; for general entertainment, YouTube TV is stronger.
    Is Fubo still in business?
    Yes, Fubo is still in business and actively growing. As of Q3 2024, it had 1.6 million subscribers and continues to expand its service in the U.S., Canada, and Spain. It is not going out of business.

    Keywords

    FuboFuboTVstreaming servicelive sportssports streamingcord-cuttingvMVPDvirtual cableNFLMLBNBANHLMLSsoccerbeIN SportsESPNFox SportsNBC SportsFubo FreeFubo Elite4K streamingcloud DVRmulti-view

    Company Info

    Founded
    January 2015
    Founder
    David Gandler, Sung Ho Choi, Alberto Horihuela
    CEO
    David Gandler
    Headquarters
    New York City, New York, United States
    Industry
    subscription television
    Revenue
    1370000000
    Employees
    800
    Founders
    David Gandler, Sung Ho Choi, Alberto Horihuela
    Subscribers (Q3 2024)
    1.6 million
    Revenue (2023)
    $1.37 billion
    Net Loss (2023)
    $284 million
    Market Cap (Dec 2024)
    $1.2 billion
    Stock Ticker
    FUBO (NYSE)

    Official Website

    www.fubo.tv

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