Rafael Henrique/SOPA Images/LightRocket via Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment Fubo closed its first quarter with 6.2 million North American subscribers, down from a year-ago 6.3 million North American customers, the sports-first streaming service reported on Tuesday. The overall subscriber base now represents customers for its live TV streaming services, including Fubo and Hulu + Live TV, after closing a merger deal with Disney. Unveiling its latest financial results including on a pro forma basis after closing Disney's Hulu merger, Fubo saw its overall revenue rise 40 percent to $1.55 billion, while on a pro forma basis the first-quarter revenue was up 6 percent year-on-year to $1.68 billion. Related Stories Business Disney Doesn't Plan to Buy More IP Amid Warner Bros. Discovery Battle Business ESPN Valued at $30 Billion As Disney Reveals New Details on NFL Deal During the latest quarter, Fubo narrowed its net loss to $19.1 million, compared to a year-earlier $38.6 million, while its pro-forma loss fell to $46.4 million, against a year-earlier $130.4 million. The pro forma adjusted EBITDA came to $41.4 million, compared to a year-earlier $22 million. Following the completion of the Disney transaction, Fubo said it has pacted with ESPN on a reseller and marketing arrangement to expand the reach of its streaming platform, subject to concluding definitive agreements. "2025 marked a year of transformation for Fubo as we completed a monumental business combination with Hulu + Live TV," David Gandler, co-founder and CEO of Fubo said in a statement that accompanied his latest financial results. During a morning analyst call, Gandler addressed a carriage dispute begun in Nov. 2025 with NBCUniversal, which saw NBCU and Versant networks go dark on its platform. He reported Comcast in January 2026 "ceased engagement in renewal discussions, despite multiple outreach attempts." Gandler said Comcast is focusing on its existing arrangement with Hulu + Live TV. "This position is very difficult to reconcile," he insisted, while adding the subscriber impact after the removal of NBC content had been" better than our expectations." On its remaining sports programming, Gandler told analysts "we have strong relationships with the leagues. We have an excellent relationship with Major League Baseball. We've been working with them closely as teams begin to migrate to the MLB platform." He also pointed to major content deals with Disney, Fox and CBS, and NBC was still on Hulu + Live TV. "I understand it's a concern, but we believe its very important for us to be able to provide various packaging across a spectrum where we're able to offer consumers enough flexibility," Gandler added as he let investors know the lost NBCU programming may not return to Fubo if renewal talks didn't resume. "We've demonstrated our ability to grow after losing partners in the past. And our goal is to continue to grow this product and reach new highs," he said. Gandler also discussed a planned migration of Fubo's advertising tech stack into the Disney Ad Server to allow the Fubo ad inventory to be packaged and sold alongside premium Disney+, ESPN+, and Huluinventory. "This is basically the same (Disney) service, with just more inventory," he told analysts. The Fubo chief also reacted in real time to Disney naming Josh D'Amaro as its new CEO, to succeed Bob Iger, and Dana Walden being named president and chief creative officer. "First of all, congratulations to Josh. We didn't know about that," Gandler said on the morning call. He added: "I don't really see any changes in the short term, but obviously that's yet to be determined." THR Newsletters Sign up for THR news straight to your inbox every day Subscribe Sign Up theme parks Disney Names Josh D'Amaro Its New CEO, Dana Walden Named President and Chief Creative Officer Super Bowl The First Mainly AI-Generated Super Bowl Ad Is Here, For Better or Worse Olympics Can L.A.'s Graffiti Towers Be Cleaned Up by the 2028 Olympics? labor Christopher Nolan Wants to Know Where All the Hollywood Jobs Are, Too linden entertainment Linden Entertainment Taps Jenna Jackson as Brand Ventures Executive (Exclusive) Warner Bros Discovery Disney Doesn't Plan to Buy More IP Amid Warner Bros. Discovery Battle theme parks Disney Names Josh D'Amaro Its New CEO, Dana Walden Named President and Chief Creative Officer Super Bowl The First Mainly AI-Generated Super Bowl Ad Is Here, For Better or Worse Olympics Can L.A.'s Graffiti Towers Be Cleaned Up by the 2028 Olympics? labor Christopher Nolan Wants to Know Where All the Hollywood Jobs Are, Too linden entertainment Linden Entertainment Taps Jenna Jackson as Brand Ventures Executive (Exclusive) Warner Bros Discovery Disney Doesn't Plan to Buy More IP Amid Warner Bros. Discover