Statement From Fubo Regarding NBCUniversal Pulling Its Programming From Fubo Customers

NEW YORK--(BUSINESS WIRE)-- FuboTV Inc. (NYSE: FUBO) has been engaged in good faith negotiations with NBCUniversal to renew its long-standing content agreement to distribute their networks to consumers. As a result of Fubo not agreeing to NBCU’s demands, which would hurt Fubo consumers, NBCU pulled its networks from Fubo on November 21, 2025. Today, Fubo issued the following statement:

Versant Explained
NBCU is spinning off some of their cable networks into a new company called Versant on Jan 1, 2026. Despite them not being worth the cost to Fubo subscribers, Fubo offered to distribute Versant channels for one year. NBCU wants Fubo to sign a multi-year deal - well past the time the Versant channels will be owned by a separate company. NBCU wants Fubo subscribers to subsidize these channels.

They Are Blocking Consumers’ Skinny Bundle
Earlier this year, Fubo launched Fubo Sports, a cost-effective sports-focused service. NBCU wants Fubo to add expensive, non-sports channels, which will drive up the price paid by Fubo subscribers.

Discriminatory Tactics
NBCU is discriminating against Fubo and our subscribers. They allowed YouTube TV and Amazon Prime video to integrate Peacock directly into their channel store, but refused to give Fubo the same rights. Fubo’s goal is to make Peacock available directly in our channel store so subscribers can access all of their content in one place and seamlessly pay on one bill.

Streaming As It Should Be
Fubo is committed to bringing its subscribers a premium, competitively-priced live TV streaming experience with the content they love. That includes multiple content options, including a sports-focused service, that can be accessed directly from the Fubo app. We hope NBCU reconsiders their stance, or we’ll be forced to move forward without them.

About FuboTV Inc.

FuboTV Inc. (NYSE: FUBO) is a consumer-first live TV streaming company with the mission of delivering premium sports, news and entertainment programming through a best-in-class user experience that offers greater choice, flexibility and value. The sixth largest Pay TV company in the U.S. (UBS estimates; June 30, 2025) and ranked among The Americas’ Fastest-Growing Companies 2025 by the Financial Times, FuboTV Inc. owns Hulu + Live TV (entertainment), Fubo (sports) and Molotov (entertainment and sports), which stream in markets around the globe. FuboTV Inc. is an affiliate of The Walt Disney Company.

Learn more at https://fubo.tv

Fubo Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements of FuboTV Inc. (“Fubo”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our business strategy and plans, carriage agreement renewals, programming and packaging, distribution, partnerships and pricing and the potential impact of carriage disputes on Fubo and its customers. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” “believe” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Fubo makes due to a number of important factors, including but not limited to the following: our ability to achieve or maintain profitability; risks related to our access to capital and fundraising prospects to fund our financial operations and support our planned business growth; risks related to the integration of the Hulu + Live TV business; risks related to our organizational structure following completion of the Transaction; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to effectively manage our growth; risks related to the Transaction; the long-term nature of our content commitments; our ability to renew our long-term content contracts on sufficiently favorable terms; our ability to attract and retain subscribers; risks related to our commercial arrangements with Hulu; obligations imposed on us through our agreements with certain distribution partners; our ability to license streaming content or other rights on acceptable terms; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to the difficulty in measuring key metrics related to our business; risks related to preparing and forecasting our financial results; risks related to the highly competitive nature of our industry; risks related to our technology, as well as cybersecurity and data privacy-related risks; risks related to our conversion to a Delaware corporation and our status as a “controlled company”; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025 filed with the Securities and Exchange Commission (“SEC”), and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent Fubo’s views as of the date of this press release. Fubo anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing Fubo’s views as of any date subsequent to the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251125459700/en/

Investor Contacts

Ameet Padte, Fubo

ameet@fubo.tv

JCIR for Fubo

ir@fubo.tv

Media Contacts

Jennifer L. Press, Fubo

jpress@fubo.tv

Bianca Illion, Fubo

billion@fubo.tv

Source: fuboTV