Fubo reaches 1.63 million subscribers following Hulu + Live TV merger with Disney

Fubo reached 1.63 million North American subscribers by the end of its third quarter, representing a 1 per cent increase from 1.61 million subscribers in the same period last year. The sports-focused streaming service reported Monday, November 3. Subscriber numbers rose from 1.35 million North American subscribers in the second quarter of 2025. Third quarter revenue for Fubo declined 2 per cent to $368.6 million, compared to $374.7 million in the year-ago period.

Net loss attributable to shareholders decreased to $18.8 million in the latest quarter, down from a $52.4 million loss in the prior year period. Fubo completed its merger with Disney's Hulu + Live TV business during the quarter. The transaction positions the combined entity as one of the largest live TV streaming services in the United States.

Both Fubo and Hulu + Live TV will continue operating under separate brand identities. Hulu remains available within the broader Disney bundle offering."The combination of Fubo and Hulu + Live TV forms on the largest live TV streaming services in America," CEO David Gandler told analysts during a conference call.


Also read: Disney tops earnings forecasts with streaming gains, raises guidance

ESPN integration expands Fubo distribution channels

Fubo gained access to the ESPN ecosystem for the first time through the Disney merger, including ESPN Radio and ESPN's website platforms.

"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 said.

Disney channels, including ABC and ESPN, went dark on YouTube TV during the quarter due to a carriage dispute. Gandler declined to speculate on potential subscriber gains from the situation.

"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," Gandler said when asked about early subscriber impact from the YouTube TV blackout.

Fubo Sports launch shows early success

Fubo launched Fubo Sports, a sports-focused skinny bundle, in over 100 US markets. CFO John Janedis reported positive early metrics for the new offering.

"A couple months in, we see virtually no cannibalization, and we think it's really expanding our addressable market," Janedis said, citing improved retention and lower churn rates.