Copyright The Hollywood Reporter
Fubo ended its third quarter with 1.63 million North American subscribers, up 1 percent against a year-ago 1.61 million North American customers, the sports-first streaming service reported on Monday. Unveiling its latest financial results, Fubo had 1.35 million North American subscribers in the second quarter of 2025. Fubo, which has just closed a deal with Disney to merge with the Hulu + Live TV business, saw its third quarter revenue fall 2 percent to $368.6 million, compared to a year-ago $374.7 million. During the latest quarter, the net loss attributable to shareholders for Fubo was trimmed to $18.8 million, against a year-earlier loss of $52.4 million attributable to shareholders. The Disney transaction aims to shake up the streaming TV business, and also comes as Disney has seen its TV channels, including ABC and ESPN go dark on YouTube TV, the streaming multichannel video provider. “We’re not attempting to take advantage of that. We’ll let that play out as it will. And we’re focused on our own business here,” Fubo CEO David Gandler told analysts during a morning conference call when asked about any early impact on subscriber numbers after Disney channels went dark on YouTube TV. Fubo and Hulu + Live TV will continue to be available to consumers under distinct brands, with Hulu continuing to be available in the larger Disney bundle. “The combination of Fubo and Hulu + Live TV forms on the largest live TV streaming services in America,” Gandler told analysts in prepared remarks during the morning call. He pointed to Fubo tapping for the first time the ESPN ecosystem, including ESPN Radio and ESPN’s website, to grow its subscriber base. “Once part of the Disney ecosystem, all of our football, basketball, baseball, soccer, all of that inventory will likely move over, hopefully sooner than later,” Gandler added. Fubo CFO John Janedis discussed the launch of Fubo Sports, a sports-focused skinny bundle in over 100 U.S. markets. “A couple months in, we see virtually no cannibalization, and we think it’s really expanding our addressable market,” he argued of better retention and lower churn metrics.
