FuboTV (FUBO) ownership update as Disney and Hulu report 72.9% stake

Rhea-AI Filing Summary

The Walt Disney Company and Hulu, LLC filed Amendment No. 1 to their Schedule 13D on FuboTV Inc., updating their reported beneficial ownership and director and officer information. They report shared voting and dispositive power over 947,910,220 shares of FuboTV Class A common stock on an as-converted basis, representing 72.9% of the class based on 352,715,216 shares outstanding as of February 3, 2026.

The filing explains this percentage also reflects 947,910,220 shares of Class B common stock issued in connection with prior transactions, assuming exchange into a total of 1,300,625,436 Class A shares on a fully exchanged basis. It notes that differences from the original November 5, 2025 filing result from calculation methodology, not new transactions by the reporting persons.

Insights

Equity ownership analyst

Disney and Hulu reaffirm a controlling FuboTV stake, with changes driven by updated share-count math rather than new trades.

The amendment shows The Walt Disney Company and Hulu, LLC jointly beneficially owning 947,910,220 as-converted FuboTV Class A shares. Using 352,715,216 Class A shares outstanding as of February 3, 2026, this equates to a reported 72.9% of the Class A common stock.

The text clarifies that ownership percentages in the original November 5, 2025 filing were calculated on a different, fully diluted share base of 406,247,237 shares, and that the updated percentages are not due to any new transactions. Instead, they reflect 947,910,220 shares of Class B stock, issued in earlier transactions and exchangeable into Class A, implying substantial ongoing influence over shareholder voting.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

FuboTV Inc.

(Name of Issuer)

Class A common stock, par value $0.0001 per share

(Title of Class of Securities)

35953D104

(CUSIP Number)

Jolene E. Negre
The Walt Disney Company, 500 South Buena Vista Street
Burbank, CA, 91521
(818) 560-1000

Copy to: Cole DuMond
Two Manhattan West, 375 Ninth Avenue
New York, NY, 10001
(212) 474-1000

Copy to: Alexander Greenberg
Two Manhattan West, 375 Ninth Avenue
New York, NY, 10001
(212) 474-1000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/18/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 35953D104

1

Name of reporting person

Walt Disney Co

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 947,910,220.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 947,910,220.00

11

Aggregate amount beneficially owned by each reporting person

947,910,220.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

72.9 %

14

Type of Reporting Person (See Instructions)

CO, HC

Comment for Type of Reporting Person:

Row 13: This calculation is based on 352,715,216 shares of Class A Common Stock outstanding as of February 3, 2026, as disclosed by the Issuer in its Definitive Information Statement on Schedule 14C filed with the Securities and Exchange Commission on February 27, 2026. The Schedule 13D filed by the Reporting Persons on November 5, 2025 (the "Original Schedule 13D") reported their ownership percentage in the Issuer on a fully diluted basis, which results in percentages different from the amounts calculated in this Amendment (as defined below) that are not as a result of any transactions by the Reporting Persons. The ownership percentage of the Reporting Persons in the Original Schedule 13D was calculated based on a total of 406,247,237 shares of Class A Common Stock, as of the close of markets on October 28, 2025.

SCHEDULE 13D

CUSIP Number(s): 35953D104

1

Name of reporting person

Hulu, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 947,910,220.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 947,910,220.00

11

Aggregate amount beneficially owned by each reporting person

947,910,220.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

72.9 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Row 13: This calculation is based on 352,715,216 shares of Class A Common Stock outstanding as of February 3, 2026, as disclosed by the Issuer in its Definitive Information Statement on Schedule 14C filed with the Securities and Exchange Commission on February 27, 2026. The Schedule 13D filed by the Reporting Persons on November 5, 2025 (the "Original Schedule 13D") reported their ownership percentage in the Issuer on a fully diluted basis, which results in percentages different from the amounts calculated in this Amendment (as defined below) that are not as a result of any transactions by the Reporting Persons. The ownership percentage of the Reporting Persons in the Original Schedule 13D was calculated based on a total of 406,247,237 shares of Class A Common Stock, as of the close of markets on October 28, 2025.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A common stock, par value $0.0001 per share
(b)	Name of Issuer: FuboTV Inc.
(c)	Address of Issuer's Principal Executive Offices: 1290 Avenue of the Americas, New York, NEW YORK , 10104.
Item 1 Comment: This Amendment No. 1 (the "Amendment") amends and supplements the Schedule 13D filed by the Reporting Persons on November 5, 2025 (as amended and supplemented by this Amendment, the "Schedule 13D"). Except as specifically provided herein, this Amendment does not modify any of the information previously reported on the Schedule 13D. Capitalized terms not otherwise defined in this Amendment shall have the same meanings ascribed thereto in the Schedule 13D.
Item 2.	Identity and Background
(a)	This Amendment amends Item 2 of the Schedule 13D to amend information regarding the directors and executive officers of The Walt Disney Company by replacing in its entirety Schedule II with Schedule II attached hereto as Exhibit 99.1 and incorporated therein by reference.
Item 5.	Interest in Securities of the Issuer
(a)	Items 5(a) and 5(b) of the Schedule 13D are hereby amended and restated as follows: Based on the most recent information available, the aggregate number and percentage of the shares of Class A Common Stock (the securities identified pursuant to Item 1 of this Schedule 13D) that are beneficially owned by each of the Reporting Persons is set forth in boxes (11) and (13) of the cover pages to this Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference. The percentages reported herein are calculated based upon 947,910,220 shares of Class B Common Stock issued in connection with the Transactions and assume the exchange of all shares of Class B Common Stock into shares of Class A Common Stock (for a total of 1,300,625,436 shares of Class A Common Stock on a fully exchanged basis). To the best knowledge of the Reporting Persons, none of the persons listed in Schedules I or II beneficially owns any shares of Class A Common Stock.
(b)	The numbers of shares of Class A Common Stock as to which each of the Reporting Persons has sole voting power, shared voting power, sole dispositive power and shared dispositive power is set forth in boxes (7), (8), (9) and (10), respectively, on the cover page to this Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference.
Item 7.	Material to be Filed as Exhibits.
	This Amendment amends and supplements Item 7 as follows: Exhibit 99.1 Schedule II

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Walt Disney Co

Signature:	/s/ James M. Kapenstein
Name/Title:	James M. Kapenstein, Attorney-in-Fact
Date:	03/20/2026

Hulu, LLC

Signature:	/s/ James M. Kapenstein
Name/Title:	James M. Kapenstein, Attorney-in-Fact
Date:	03/20/2026

FAQ

What does Disney’s amended Schedule 13D say about its FuboTV (FUBO) stake?

The amendment states Disney and Hulu beneficially own 947,910,220 as-converted FuboTV Class A shares. This represents 72.9% of the Class A common stock, based on 352,715,216 shares outstanding as of February 3, 2026, giving them a controlling position.

How many FuboTV (FUBO) shares do Disney and Hulu beneficially own?

Disney and Hulu report beneficial ownership, with shared voting and dispositive power, over 947,910,220 shares of FuboTV Class A common stock on an as-converted basis. This figure is tied to 947,910,220 Class B shares issued in prior transactions and assumed to be exchangeable into Class A.

What percentage of FuboTV (FUBO) does Disney control in this amendment?

The filing reports Disney and Hulu beneficially owning 72.9% of FuboTV’s Class A common stock. That percentage is calculated using 947,910,220 as-converted shares over 352,715,216 Class A shares outstanding as of February 3, 2026, indicating a strong majority interest.

What share counts were used to calculate Disney’s FuboTV (FUBO) ownership percentage?

The 72.9% ownership is based on 352,715,216 FuboTV Class A shares outstanding as of February 3, 2026. The amendment also references 947,910,220 Class B shares, assuming exchange into a total of 1,300,625,436 Class A shares on a fully exchanged basis.

Does this FuboTV (FUBO) Schedule 13D amendment reflect new Disney transactions?

The amendment explicitly notes that differences from the original November 5, 2025 filing are not the result of any transactions by the reporting persons. Changes arise from recalculating ownership percentages using updated share-count methodologies and outstanding share data disclosed by FuboTV.

What other information did Disney update in this FuboTV (FUBO) Schedule 13D/A?

The amendment revises Item 2 by replacing the prior list of The Walt Disney Company’s directors and executive officers with an updated Schedule II, attached as Exhibit 99.1. It also refreshes Items 5(a) and 5(b) regarding beneficial ownership and voting and dispositive power details.