fuboTV (FUBO) 10-K 4 Mar 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Feb. 29, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-39590
Entity Registrant Name	fuboTV Inc. /FL
Entity Incorporation, State or Country Code	FL
Entity Tax Identification Number	26-4330545
Entity Address, Address Line One	1290 Avenue of the Americas
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10104
City Area Code	212
Local Phone Number	672-0055
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	FUBO
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Document Financial Statement Error Correction [Flag]	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 577,302,821
Entity Common Stock, Shares Outstanding		299,502,862
Documents Incorporated by Reference	Portions of the registrant’s definitive Proxy Statement relating to its 2024 Annual Meeting of Shareholders, to be filed with the SEC within 120 days after the end of the fiscal year ended December 31, 2023, are incorporated herein by reference in Part III.
Entity Central Index Key	0001484769
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Auditor Information [Abstract]
Auditor Location	New York, NY
Auditor Name	KPMG LLP
Auditor Firm ID	185

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 245,278	$ 337,087
Accounts receivable, net	80,299	43,996
Prepaid sports rights	39,911	37,668
Prepaid and other current assets	20,804	13,508
Assets of discontinued operations	462	4,643
Total current assets	386,754	436,902
Property and equipment, net	4,835	4,975
Restricted cash	6,142	6,139
Intangible assets, net	158,448	171,832
Goodwill	622,818	618,506
Right-of-use assets	35,825	35,888
Other non-current assets	17,818	3,532
Total assets	1,232,640	1,277,774
Current liabilities
Accounts payable	74,311	66,952
Accrued expenses and other current liabilities	320,041	264,415
Notes payable	6,323	5,687
Deferred revenue	90,203	65,370
Long-term borrowings - current portion	1,612	1,986
Current portion of lease liabilities	5,247	1,763
Liabilities of discontinued operations	19,608	32,581
Total current liabilities	517,345	438,754
Convertible notes, net of discount	391,748	394,094
Deferred tax liabilities	0	765
Lease liabilities	38,087	39,266
Other long-term liabilities	1,635	1,565
Total liabilities	948,815	874,444
COMMITMENTS AND CONTINGENCIES (Note 16)
Redeemable non-controlling interest	0	1,648
Shareholders’ equity:
Common stock par value $0.0001: 800,000,000 shares authorized; 299,215,160 and 209,684,548 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	30	21
Additional paid-in capital	2,136,870	1,972,006
Accumulated deficit	(1,845,542)	(1,558,088)
Non-controlling interest	(11,751)	(11,662)
Accumulated other comprehensive income	4,218	(595)
Total shareholders’ equity	283,825	401,682
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY AND TEMPORARY EQUITY	$ 1,232,640	$ 1,277,774

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock, par or stated value per share (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	800,000,000	800,000,000
Common stock, issued (in shares)	299,215,160	209,684,548

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Total revenues	$ 1,368,225	$ 1,008,696	$ 638,370
Operating expenses
Subscriber related expenses	1,213,253	976,415	593,241
Broadcasting and transmission	68,824	73,377	55,563
Sales and marketing	207,045	183,615	135,720
Technology and development	67,675	69,264	55,418
General and administrative	64,282	81,151	89,039
Depreciation and amortization	36,496	36,731	37,666
Total operating expenses	1,657,575	1,420,553	966,647
Operating loss	(289,350)	(411,857)	(328,277)
Other income (expense)
Interest expense	(13,712)	(14,194)	(13,451)
Interest income	10,971	2,498	0
Amortization of debt discount	(2,574)	(2,476)	(14,928)
Gain (loss) on extinguishment of debt	1,607	0	(380)
Change in fair value of warrant liabilities	0	(1,701)	2,659
Other income (expense)	(923)	1,019	(90)
Total other expense	(4,631)	(14,854)	(26,190)
Loss from continuing operations before income taxes	(293,981)	(426,711)	(354,467)
Income tax benefit	879	1,666	2,681
Net loss from continuing operations	(293,102)	(425,045)	(351,786)
Discontinued operations
Net income (loss) from discontinued operations before income taxes	5,185	(136,874)	(31,177)
Income tax	0	0	0
Net income (loss) from discontinued operations	5,185	(136,874)	(31,177)
Net loss	(287,917)	(561,919)	(382,963)
Less: Net loss attributable to non-controlling interest	463	442	126
Net loss attributable to common shareholders	(287,454)	(561,477)	(382,837)
Other comprehensive income (loss)
Foreign currency translation adjustment	4,822	(767)	172
Comprehensive loss attributable to common shareholders	$ (282,632)	$ (562,244)	$ (382,665)
Net loss per share attributable to common shareholders
Basic loss per share from continuing operations (in dollars per share)	$ (1.06)	$ (2.33)	$ (2.56)
Diluted loss per share from continuing operations (in dollars per share)	(1.06)	(2.33)	(2.56)
Basic loss per share from discontinued operations (in dollars per share)	0.02	(0.75)	(0.23)
Diluted loss per share from discontinued operations (in dollars per share)	0.02	(0.75)	(0.23)
Basic (in usd per share)	(1.04)	(3.08)	(2.78)
Diluted (in usd per share)	$ (1.04)	$ (3.08)	$ (2.78)
Weighted average shares outstanding:
Basic (in shares)	276,282,572	182,472,069	137,498,077
Diluted (in shares)	276,282,572	182,472,069	137,498,077
Subscription
Revenues
Total revenues	$ 1,249,579	$ 905,886	$ 564,441
Advertising
Revenues
Total revenues	115,370	101,739	73,749
Other
Revenues
Total revenues	$ 3,276	$ 1,071	$ 180

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Preferred stock	Common Stock	Additional Paid-In Capital	Additional Paid-In Capital Cumulative Effect, Period of Adoption, Adjustment	Treasury Stock	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss	Non-controlling Interest -
Beginning balance at Dec. 31, 2020	$ 622,948		$ 406,665	$ 9	$ 853,824		$ 0	$ (626,456)		$ 0	$ (11,094)
Preferred stock, beginning balance (in shares) at Dec. 31, 2020			23,219,613
Common stock, beginning balance (in shares) at Dec. 31, 2020				92,490,768
Treasury stock, beginning balance (in shares) at Dec. 31, 2020							(800,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Conversion of Series AA Preferred Stock (in shares)			23,219,613	46,439,226
Conversion of Series AA Preferred Stock	0		$ (406,665)	$ 5	406,660
Exercise of stock options	3,013				3,013
Exercise of stock options (in shares)				2,203,381
Issuance of common stock in connection with Molotov acquisition	98,791			$ 1	98,790
Issuance of common stock in connection with Molotov acquisition (in shares)				5,690,669
Issuance of common stock in connection with Edisn acquisition	8,262				8,262
Issuance of common stock in connection with Edisn acquisition (in shares)				287,768
Issuance of common stock/At-the-market offering, net of offering costs	140,395			$ 1	140,394
Issuance of common stock/At-the-market offering, net of offering costs (in shares)				5,338,607
Exercise of warrants	19,991				19,991
Exercise of warrants (in shares)				1,598,234
Issuance of treasury stock in connection with acquisitions	8,538				8,538
Issuance of treasury stock in connection with acquisitions (in shares)							800,000
Recognition of debt discount on 2026 Convertible Notes	87,946				87,946
Delivery of common stock underlying restricted stock units (in shares)				91,580
Shares repurchased in connection with separation agreement	0
Shares repurchased in connection with separation agreement (in shares)				(166,599)
Stock-based compensation	63,796				63,796
Foreign currency translation adjustment	172				0					172
Other	(8)				(8)
Other (in shares)				(22,739)
Net loss	(382,963)				0			(382,837)			(126)
Net loss attributable to non-controlling interest	126
Ending balance at Dec. 31, 2021	$ 670,881	$ (75,264)	$ 0	$ 16	1,691,206	$ (87,946)	$ 0	(1,009,293)	$ 12,682	172	(11,220)
Treasury stock, ending balance (in shares) at Dec. 31, 2021							0
Preferred stock, ending balance (in shares) at Dec. 31, 2021			0
Common stock, ending balance (in shares) at Dec. 31, 2021				153,950,895
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting standards update	Accounting Standards Update 2020-06 [Member]
Issuance of common stock for cash	$ 292,155			$ 5	292,150
Issuance of common stock for cash (in shares)				50,620,577
Exercise of stock options	829				829
Exercise of stock options (in shares)				616,304
Net loss	(561,919)
Exercise of common stock warrants (in shares)				540,541
Exercise of common stock warrants	10,249				10,249
Delivery of common stock underlying restricted stock units (in shares)				1,956,231
Issuance of restricted stock (in shares)				2,000,000
Stock-based compensation	65,518				65,518
Foreign currency translation adjustment	(767)									(767)
Net loss attributable to non-controlling interest	442										442
Net loss attributable to common shareholders	(561,477)							(561,477)
Ending balance at Dec. 31, 2022	401,682		$ 0	$ 21	1,972,006		$ 0	(1,558,088)		(595)	(11,662)
Treasury stock, ending balance (in shares) at Dec. 31, 2022							0
Preferred stock, ending balance (in shares) at Dec. 31, 2022			0
Common stock, ending balance (in shares) at Dec. 31, 2022				209,684,548
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock for cash	$ 116,889			$ 8	116,881
Issuance of common stock for cash (in shares)				81,694,729
Exercise of stock options (in shares)	339,842			3,729,918
Cancellation of escrow shares in connection with Edisn acquisition (in shares)				(12,595)
Cancellation of escrow shares in connection with Edisn acquisition	$ (344)				(344)
Issuance of restricted stock	4,199			$ 1	4,198
Net loss	(287,917)
Exercise of common stock warrants (in shares)				339,842
Exercise of common stock warrants	373				373
Issuance of restricted stock (in shares)				3,778,718
Stock-based compensation	44,620				44,620
Molotov non-controlling interest	(499)				(864)					(9)	374
Foreign currency translation adjustment	4,822									4,822
Net loss attributable to non-controlling interest	463										463
Net loss attributable to common shareholders	(287,454)							(287,454)
Ending balance at Dec. 31, 2023	$ 283,825		$ 0	$ 30	$ 2,136,870		$ 0	$ (1,845,542)		$ 4,218	$ (11,751)
Treasury stock, ending balance (in shares) at Dec. 31, 2023							0
Preferred stock, ending balance (in shares) at Dec. 31, 2023			0
Common stock, ending balance (in shares) at Dec. 31, 2023				299,215,160

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities
Net loss	$ (287,917)	$ (561,919)	$ (382,963)
Net income (loss) from discontinued operations, net of tax	5,185	(136,874)	(31,177)
Net loss from continuing operations	(293,102)	(425,045)	(351,786)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	36,496	36,731	37,666
Stock-based compensation	51,215	52,454	53,150
(Gain)loss on extinguishment of debt	(1,607)	0	380
Amortization of debt discount	2,574	2,476	14,928
Deferred income tax benefit	(995)	(1,666)	(2,681)
Change in fair value of warrant liabilities	0	1,701	(2,659)
Amortization of right-of-use assets	3,126	3,078	954
Other adjustments	695	1,155	583
Changes in operating assets and liabilities of business, net of acquisitions:
Accounts receivable, net	(36,200)	(9,778)	(15,047)
Prepaid expenses and other assets	(14,498)	(950)	(3,554)
Prepaid sports rights	(1,525)	(34,384)	(3,284)
Accounts payable	6,635	12,014	8,727
Accrued expenses and other liabilities	52,180	50,116	64,792
Deferred revenue	24,774	21,102	26,055
Lease liabilities	(2,813)	1,210	(120)
Net cash used in operating activities - continuing operations	(173,045)	(289,786)	(171,896)
Net cash used in operating activities - discontinued operations	(4,577)	(26,915)	(24,031)
Net cash used in operating activities	(177,622)	(316,701)	(195,927)
Cash flows from investing activities
Cash paid for acquisitions, net of cash acquired	0	0	(22,894)
Purchases of short-term investments	0	(100,000)	0
Proceeds from maturity of short-term investments	0	100,000	0
Purchases of property and equipment	(1,071)	(1,130)	(3,409)
Proceeds from sale of property and equipment	28	0	0
Capitalization of internal use software	(17,282)	(4,857)	(4,074)
Purchase of intangible assets	(3,592)	0	0
Purchase of strategic investment	(3,500)	0	0
Net cash used in investing activities - continuing operations	(25,417)	(5,987)	(30,377)
Net cash used in investing activities - discontinued operations	0	(6,436)	(45,795)
Net cash used in investing activities	(25,417)	(12,423)	(76,172)
Cash flows from financing activities
Proceeds from the issuance of common stock, net of offering costs	116,886	292,123	140,446
Redemption of non-controlling interest	(2,147)	0	0
Proceeds from convertible note, net of issuance costs	0	0	389,446
Repurchase of convertible notes	(3,313)	0	0
Vested restricted stock units settled for cash	(125)	0	0
Proceeds from exercise of stock options	373	829	3,013
Proceeds from the exercise of warrants	0	5,000	3,762
Repayments of notes payable and long-term borrowings	(441)	(1,682)	(24,709)
Net cash provided by financing activities - continuing operations	111,233	296,270	511,958
Net cash provided by financing activities - discontinued operations	0	0	0
Net cash provided by financing activities	111,233	296,270	511,958
Net increase (decrease) in cash, cash equivalents and restricted cash	(91,806)	(32,854)	239,859
Cash, cash equivalents and restricted cash at beginning of period	343,226	376,080	136,221
Cash, cash equivalents and restricted cash at end of period	251,420	343,226	376,080
Supplemental disclosure of cash flows information:
Interest paid	13,169	13,786	8,017
Income tax paid	258	0	0
Non cash financing and investing activities:
Conversion of Series AA preferred stock to common stock	0	0	406,665
Issuance of common stock in connection with acquisitions	0	0	107,053
Reclassification of the equity components of the 2026 Convertible Notes to liability upon adoption of ASU 2020-06	0	75,264	0
Strategic investment - marketing commitment	4,000
Issuance of treasury stock in connection with acquisitions	0	0	8,538
Cashless exercise of warrants	0	5,249	16,480
Unpaid intangible assets included in accounts payable	540	0	0
Unpaid financing costs included in accounts payable	15	18	51
Unpaid property and equipment included in accounts payable	$ 12	$ 0	$ 0

Organization and Nature of Busi

Organization and Nature of Business	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Organization and Nature of Business	Organization and Nature of Business Incorporation fuboTV Inc. (“Fubo” or the “Company”) was incorporated under the laws of the State of Florida in February 2009 under the name York Entertainment, Inc. The Company changed its name to FaceBank Group, Inc. on September 30, 2019. On August 10, 2020, the Company changed its name to fuboTV Inc. and as of May 1, 2020, the Company’s trading symbol was changed from “FBNK” to “FUBO.” The Company’s common stock was approved for listing on the New York Stock Exchange (“NYSE”) in connection with a public offering in October 2020 and commenced trading on the NYSE on October 8, 2020. Unless the context otherwise requires, “Fubo,” “we,” “us,” “our,” and the “Company” refers to the Company and its subsidiaries on a consolidated basis. Nature of Business The Company is principally focused on offering consumers a leading live TV streaming platform for sports, news, and entertainment through its streaming platform. The Company’s revenues are almost entirely derived from the sale of subscription services and the sale of advertisements in the United States, though the Company has expanded into several international markets, with operations in Canada, Spain and France. The Company’s subscription-based streaming services are offered to consumers who can sign-up for accounts through which the Company provides basic plans with the flexibility for consumers to purchase incremental features that include additional content or enhanced functionality (“Attachments”) best suited for them. Besides the website, consumers can also sign-up via some TV-connected devices. The Fubo platform provides a broad suite of unique features and personalization tools such as multi-channel viewing capabilities, favorites lists and a dynamic recommendation engine, as well as 4K streaming and Cloud DVR offerings.

Liquidity, Going Concern and Ma

Liquidity, Going Concern and Management Plans	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity, Going Concern and Management Plans	Liquidity, Going Concern and Management Plans The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. The Company had cash and cash equivalents and restricted cash of $251.4 million (excluding discontinued operations), working capital deficit of $111.4 million (excluding discontinued operations) and an accumulated deficit of $1,845.5 million as of December 31, 2023. The Company incurred a net loss from continuing operations of $293.1 million for the year ended December 31, 2023. Since inception, the Company’s operations have been financed primarily through the sale of equity and debt securities. The Company has incurred losses from operations and negative cash flows from operating activities since inception and expects to incur substantial losses. As discussed further in Note 14, during the year ended December 31, 2023, the Company received net proceeds of approximately $116.9 million (after deducting $2.8 million in commissions and expenses) from sales of 81,694,729 shares of its common stock, at a weighted average gross sales price of $1.46 per share, pursuant to at-the-market sales agreement with its sales agents. The Company believes that its current cash and cash equivalents provide it with the necessary liquidity to continue as a going concern for at least one year from the date of issuance of these financial statements. In addition to the foregoing, the Company cannot predict the potential impact on its development timelines, revenue levels and its liquidity due to macroeconomic factors, including inflationary cost pressures and potential recession indicators, which depend on factors beyond the Company's knowledge or control. Based upon the Company’s current assessment, it does not expect the impact of macroeconomic factors to materially impact the Company’s operations. However, the Company is continuing to assess the impact that the macroeconomic factors may have on its operations, financial condition and liquidity.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation The Company’s consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP” or “U.S. GAAP”). The Company’s consolidated financial statements include the accounts of the Company and the accounts of the Company’s wholly-owned subsidiaries, its non-wholly owned subsidiaries where the Company has a controlling interest and variable interest entities ("VIE") formed in connection with the Company's collaboration with Maximum Effort on the launch and distribution of the Maximum Effort Channel, and production and development of original programming (the "MEC Entities"). Generally accepted accounting principles require that if an entity is the primary beneficiary of a VIE, the entity should consolidate the assets, liabilities and results of operations of the VIE in its consolidated financial statements. The primary beneficiary is the party that has both of the following: (i) the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) the obligation to absorb the losses or rights to receive the benefits of the entity that could potentially be significant to the VIE. The Company considers itself to be the primary beneficiary of the MEC Entities and accordingly, has consolidated these entities since their formation in 2023, with the equity interests of the unaffiliated investors presented as non-controlling interests in the accompanying consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations only (see Note 4 for information on discontinued operations). At December 31, 2023, $13.5 million of the VIE's assets and $3.0 million of its liabilities are reflected in the Company's consolidated balance sheet. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management bases its estimates on historical experience and on various other assumptions it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates. Those estimates and assumptions include allocating the fair value of purchase consideration to assets acquired and liabilities assumed in business acquisitions, useful lives of property and equipment and intangible assets, recoverability of goodwill and intangible assets, accruals for contingent liabilities, equity instruments issued in share-based payment arrangements, and accounting for income taxes, including the valuation allowance on deferred tax assets. Segment and Reporting Unit Information Operating segments are defined as components of an entity for which discrete financial information is available that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is determined to be the CODM. As discussed in Note 1, the Company ceased operations of Fubo Sportsbook in connection with the dissolution of Fubo Gaming in October 2022. Consequently, the wagering reportable segment has been eliminated. Subsequent to the dissolution of Fubo Gaming, the CODM reviews financial information and makes resource allocation decisions at the consolidated group level. The Company has one operating segment as of December 31, 2023, the streaming business. Cash and Cash Equivalents and Restricted Cash The Company considers all highly liquid investments with remaining maturities at the date of purchase of three months or less to be cash equivalents, including balances held in the Company’s money market accounts. Restricted cash primarily represents cash on deposit with financial institutions in support of a letter of credit outstanding in favor of the Company’s landlord for office space. The restricted cash balance has been excluded from the cash balance and is classified as restricted cash on the consolidated balance sheets. The following table provides a reconciliation of cash and cash equivalents and restricted cash within the consolidated balance sheets that sum to the total of the same on the consolidated statement of cash flows (in thousands): December 31, 2023 2022 Cash and cash equivalents $ 245,278 $ 337,087 Restricted cash 6,142 6,139 Total cash and cash equivalents and restricted cash $ 251,420 $ 343,226 Certain Risks and Concentrations Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of demand deposits and accounts receivable. The Company maintains cash deposits with financial institutions that at times exceed applicable insurance limits. The majority of the Company’s software and computer systems utilize data processing, storage capabilities and other services provided by Google Cloud Platform and Amazon Web Services, which cannot be easily switched to another cloud service provider. As such, any disruption of the Company’s interference with Google Cloud Platform and Amazon Web Services could adversely impact the Company’s operations and business. Fair Value Estimates The carrying amounts of the Company’s financial assets and liabilities, such as cash, other assets, accounts payable and accrued payroll, approximate their fair values because of the short maturity of these instruments. The carrying amounts of notes payable and long-term borrowings approximate their fair values due to the short-term maturity and the fact that the effective interest rates on these obligations are comparable to market interest rates for instruments of similar credit risk. Fair Value of Financial Instruments The Company accounts for financial instruments under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 820, Fair Value Measurements. This statement defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements, ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows: Level 1 — quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2 — observable inputs other than Level 1, quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, and model-derived prices whose inputs are observable or whose significant value drivers are observable; and Level 3 — assets and liabilities whose significant value drivers are unobservable. Accounts Receivable, net The Company records accounts receivable at the invoiced amount less an allowance for any potentially uncollectible accounts. The Company’s accounts receivable balance consists of amounts due from the sale of advertisements and subscription revenue. In evaluating our ability to collect outstanding receivable balances, we consider many factors, including the age of the balance, collection history, and current economic trends. Bad debts are written off after all collection efforts have ceased. Based on the Company’s current and historical collection experience, management concluded that an allowance for credit losses was not necessary as of December 31, 2023 and 2022. No individual customer accounted for more than 10% of revenue for the year ended December 31, 2023, 2022, and 2021. As of December 31, 2023 and 2022, one customer accounted for more than 10% of accounts receivable. Property and Equipment, Net Property and equipment is stated at cost, net of accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are depreciated over the shorter of the lease term or the estimated useful life of the assets. When assets are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in the consolidated statements of operations and comprehensive loss in the period realized. Maintenance and repairs are expensed as incurred. Licensed Content The Company entered into various license agreements to obtain rights to certain live sports events. Costs incurred in acquiring certain rights to live sporting events are accounted for in accordance with ASC 920, Entertainment—Broadcasters (“ASC 920”). These program rights are recorded in subscriber related expenses in a manner consistent with how it expects to monetize the licensed content, which is primarily based on subscription revenue. Cash flows for licensed content are presented within operating activities in the consolidated statements of cash flows. Impairment Testing of Long-Lived Assets The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate that their net book value may not be recoverable. When such factors and circumstances exist, the Company compares the projected undiscounted future cash flows associated with the related asset or group of assets over their estimated useful lives against their respective carrying amount. Impairment, if any, is based on the excess of the carrying amount over the fair value, based on market value when available, or discounted expected cash flows, of those assets and is recorded in the period in which the determination is made. In August 2022, the Company initiated a strategic review of Fubo Sportsbook, and in October 2022 ceased operations of Fubo Sportsbook in connection with the dissolution of Fubo Gaming. For the year ended December 31, 2022, the Company determined the carrying value of the asset groups, within Fubo Sportsbook, exceeded future undiscounted cash flows. The Company then calculated the fair value of the asset groups as the present value of the estimated future cash flows and determined that the carrying value exceeded the fair value in certain instances. Based on this analysis, the Company recognized an aggregate non-cash impairment charge of $76.7 million which represented substantially all of the long-lived assets of Fubo Sportsbook (see Note 4) which is recorded in loss from discontinued operations in the consolidated statement of operations and comprehensive loss. Exit and Disposal Costs The Company accounts for exit or disposal activities, including termination of a line of business or restructuring, in accordance with ASC 420 , Exit or Disposal Cost Obligations. The Company defines a business restructuring as an exit or disposal activity that includes but is not limited to a program which is planned and controlled by management and materially changes either the scope of a business or the manner in which that business is conducted. Under ASC 420 , a liability for a cost associated with an exit or disposal activity is measured at its fair value and recognized as incurred. Business restructuring charges may include (i) contract termination costs and (ii) other related costs associated with exit or disposal activities. Contract termination costs include costs to terminate a contract or costs that will continue to be incurred under the contract without benefit to the Company. A liability is recognized and measured at its fair value when the Company either terminates the contract or ceases using the rights conveyed by the contract. The Company estimates the fair value using a probability-weighted cash flow approach. A subsequent change resulting from a revision to either the timing or the amount of estimated cash flows is recognized as an adjustment to the liability in the period of the change. During the year ended December 31, 2022, the Company recognized liabilities in connection with the dissolution of Fubo Gaming (See Note 4), including termination of certain contracts and severance and other employee related costs. Such amounts were updated during the year ended December 31, 2023 to reflect settlements with certain vendors and a remeasurement of certain liabilities that were recorded in the prior year. Goodwill The Company tests goodwill for impairment at the reporting unit level on an annual basis on October 1 for each fiscal year or more frequently if events or changes in circumstances indicate that the carrying amount of goodwill may not be recoverable. The Company assesses qualitative factors to determine whether it is more likely than not that the fair value of a single reporting unit is less than its carrying amount under Accounting Standards Update (“ASU”) No. 2017-04, Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment, issued by the FASB. If it is determined that the fair value is less than its carrying amount, the excess of the goodwill carrying amount over the implied fair value is recognized as an impairment loss. Intangible Assets, net The Company’s intangible assets represent definite lived intangible assets, which are being amortized on a straight-line basis over their estimated useful lives as follows: Customer relationships 2 years Trade names 2-9 years Capitalized internal use software 3 years Software and technology 3-9 years We capitalize qualifying development costs associated with software that is developed or obtained for internal use, provided that management with the relevant authority authorizes and commits to the funding of the project, it is probable the project will be completed and the software will be used to perform the function intended. Capitalized costs, including costs incurred for enhancements that are expected to result in additional significant functionality are capitalized and amortized on a straight-line basis over the estimated useful life, which approximates three years. Costs related to preliminary project activities and post-implementation operation activities, including training and maintenance, are expensed as incurred. Non-Controlling Interest Non-controlling interest as of December 31, 2023 and 2022 represents Pulse Evolution Corp. shareholders who retained an aggregate 23.4% interest in that entity following the Company's acquisition of Evolution AI Corporation, and Maximum Effort Productions, LLC and MEP FTV Holdings, LLC 50.0% interest in the MEC Entities. Non-controlling interest is adjusted for the non-controlling interest holders’ proportionate share of the earnings or losses even if loss allocations result in a deficit non-controlling interest balance. Leases The Company accounts for its leases under ASC 842, Leases. Under this guidance, arrangements meeting the definition of a lease are classified as operating or financing leases and are recorded on the consolidated balance sheets as both a right-of-use asset and lease liability, calculated by discounting fixed lease payments over the lease term at the rate implicit in the lease or the Company’s incremental borrowing rate. Lease liabilities are increased by interest and reduced by payments each period, and the right-of-use asset is amortized over the lease term. For operating leases, interest on the lease liability and the amortization of the right-of-use asset result in straight-line rent expense over the lease term. In calculating the right-of-use asset and lease liability, the Company elects to combine lease and non-lease components. The Company excludes short-term leases having initial terms of 12 months or less, if any, from the new guidance as an accounting policy election, and recognizes rent expense on a straight-line basis over the lease term. Revenue From Contracts With Customers The Company recognizes revenue from contracts with customers under ASC 606, Revenue from Contracts with Customers (the “revenue standard”). The core principle of the revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. A good or service is transferred to a customer when, or as, the customer obtains control of that good or service. The following five steps are applied to achieve that core principle: • Step 1: Identify the contract with the customer • Step 2: Identify the performance obligations in the contract • Step 3: Determine the transaction price • Step 4: Allocate the transaction price to the performance obligations in the contract • Step 5: Recognize revenue when the company satisfies a performance obligation In 2023, the Company generated revenue from the following sources: 1. Subscriptions – The Company sells various subscription plans through its website and third-party app stores. These subscription plans provide different levels of streamed content and functionality depending on the plan selected. Subscription fees are fixed and paid in advance by credit card primarily on a monthly basis. A subscription customer executes a contract by agreeing to the Company’s terms of service. The Company considers the subscription contract legally enforceable once the customer has accepted terms of service and the Company has received credit card authorization from the customer’s credit card company. The terms of service allow customers to terminate the subscription at any time, however, in the event of termination, no prepaid subscription fees are refundable. The Company recognizes revenue when it satisfies a performance obligation by transferring control of the promised services to the customers, which is ratably over the subscription period. Upon the customer agreeing to the Company’s terms and conditions and authorization of the credit card, the customer simultaneously receives and consumes the benefits of the streamed content ratably throughout the term of the contract. Subscription services sold through third-party app stores are recorded gross in revenue with fees to the third-party app stores recorded in subscriber related expenses in the consolidated statement of operations and comprehensive loss. Management concluded that the customers are the end user of the subscription services sold by these third-party app stores. 2. Advertising – The Company executes agreements with advertisers that want to display ads (“impressions”) within the streamed content. The Company enters into individual insertion orders (“IOs”) with advertisers, which specify the term of each ad campaign, the number of impressions to be delivered and the applicable rate to be charged. The Company invoices advertisers monthly for impressions actually delivered during the period. Each executed IO provides the terms and conditions agreed to in respect of each party’s obligations. The Company recognizes revenue at a point in time when it satisfies a performance obligation by transferring control of the promised services to the advertiser, which generally is when the advertisement has been displayed. 3. Other revenue – Other revenue consists of distribution fees and commissions earned on sales through a channel distribution platform. The Company recognizes revenue at a point in time when it satisfies a performance obligation by transferring control of the promised services to the customers. Subscriber Related Expenses Subscriber related expenses consist primarily of affiliate distribution rights and other distribution costs related to content streaming. The cost of affiliate distribution rights is generally incurred on a per subscriber basis and is recognized when the related programming is distributed to subscribers. Subscriber related expenses also include credit card and payment processing fees for subscription revenue, customer service, certain employee compensation and benefits, cloud computing, streaming, and facility costs. The Company receives advertising spots from television networks for sale to advertisers as part of the affiliate distribution agreements. Subscriber related expenses totaled $1,213.3 million, $976.4 million and $593.2 million for the years ended December 31, 2023, 2022 and 2021, respectively. Broadcasting and Transmission Broadcasting and transmission expenses are charged to operations as incurred and consist primarily of the cost to acquire a signal, transcode, store, and retransmit it to the subscriber. Sales and Marketing Sales and marketing expenses consist primarily of payroll and related costs, benefits, rent and utilities, stock-based compensation, agency costs, advertising campaigns and branding initiatives. All sales and marketing costs are expensed as they are incurred. Advertising expense totaled $151.0 million, $133.2 million and $111.9 million for the years ended December 31, 2023, 2022 and 2021, respectively. Technology and Development Technology and development expenses are charged to operations as incurred. Technology and development expenses consist primarily of payroll and related costs, benefits, rent and utilities, stock-based compensation, technical services, software expenses, and hosting expenses. General and Administrative General and administrative expenses consist primarily of payroll and related costs, benefits, rent and utilities, stock-based compensation, corporate insurance, office expenses, professional fees, as well as travel, meals, and entertainment costs. Stock-Based Compensation The Company accounts for the fair value of restricted stock units using the closing market price of its common stock on the date of the grant. The Company accounts for share-based payment awards exchanged for services at the estimated grant date fair value of the award. Stock options issued under the Company’s long-term incentive plans are granted with an exercise price equal to no less than the market price of the Company’s stock at the date of grant and expire up to ten years from the date of grant. These options generally vest over a four- year The Company estimates the fair value of stock option grants using the Black-Scholes option pricing model and the assumptions used in calculating the fair value of stock-based awards represent management’s best estimates and involve inherent uncertainties and the application of management’s judgment. Expected Term - The expected term of options represents the period that the Company’s stock-based awards are expected to be outstanding based on the simplified method, which is the half-life from vesting to the end of its contractual term. The simplified method was used because the Company does not have sufficient historical exercise data to provide a reasonable basis for an estimate of expected term. Expected Volatility – The Company historically has lacked sufficient company specific historical and implied volatility information. Therefore, it estimates its expected stock volatility based primarily on the historical volatility of a publicly traded set of peer companies with consideration of the volatility of its own traded stock price. Risk-Free Interest Rate - The Company bases the risk-free interest rate on the implied yield available on U. S. Treasury zero-coupon issues with an equivalent remaining term. Expected Dividend - The Company has never declared or paid any cash dividends on its common shares and does not plan to pay cash dividends in the foreseeable future, and, therefore, uses an expected dividend yield of zero in its valuation models. The Company accounts for forfeited awards as they occur. Income Taxes The Company accounts for income taxes under the asset and liability method, in which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is required to the extent any deferred tax assets may not be realizable. ASC Topic 740, Income Taxes, (“ASC 740”), also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim period, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s consolidated financial statements. The Company believes that its income tax positions and deductions would be sustained on audit and does not anticipate any adjustments that would result in material changes to its financial position. Foreign Currency The Company’s reporting currency is the U.S. dollar while the functional currencies of non-U.S. subsidiaries is determined based on the primary economic environment in which the subsidiary operates. The financial statements of non-U.S. subsidiaries are translated into United States dollars in accordance with ASC 830, Foreign Currency Matters , using period-end rates of exchange for assets and liabilities, and average rates of exchange for the period for revenues, costs, and expenses and historical rates for equity. Translation adjustments resulting from the process of translating the local currency financial statements into U.S. dollars are included in determining other comprehensive income (loss). Net Loss Per Share Basic net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data): Years Ended December 31, 2023 2022 2021 Basic loss per share: Loss from continuing operations $ (293,102) $ (425,045) $ (351,786) Less: net loss attributable to non-controlling interest 463 442 126 Loss from continuing operations available to common shareholders (292,639) (424,603) (351,660) Net income (loss) from discontinued operations, net of tax 5,185 (136,874) (31,177) Net loss attributable to common shareholders $ (287,454) $ (561,477) $ (382,837) Shares used in computation: Weighted-average common shares outstanding 276,282,572 182,472,069 137,498,077 Basic and diluted loss per share from continuing operations $ (1.06) $ (2.33) $ (2.56) Basic and diluted income (loss) per share from discontinued operations $ 0.02 $ (0.75) $ (0.23) Basic and diluted loss per share $ (1.04) $ (3.08) $ (2.78) The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive: December 31, 2023 2022 2021 Warrants to purchase common stock 166,670 166,670 565,544 Stock options 19,028,904 15,517,069 15,908,187 Unvested restricted stock units 22,349,609 14,575,629 4,685,800 Convertible notes variable settlement feature 6,879,543 6,966,078 6,966,078 Total 48,424,726 37,225,446 28,125,609 Recently Issued Accounting Standards The Company continually assesses any new accounting pronouncements to determine their applicability. When it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequences of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financial statements properly reflect the change. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU requires disclosures to include significant segment expenses that are regularly provided to the chief operating decision maker, among other provisions. The ASU is effective for fiscal year periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted and the ASU requires retrospective application to all prior periods presented in the financial statements. The Company is currently evaluating the standard to determine the impact of adoption to its consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvement to Income Tax Disclosures to enhance the transparency and decision usefulness of income tax disclosures. The ASU primarily enhances and expands both the income tax rate reconciliation disclosure and the income taxes paid disclosure. The amendments in ASU 2023-09 address investor requests for enhanced income tax information primarily through changes to the rate reconciliation and income taxes paid information. Early adoption is permitted. A public entity should apply the amendments in ASU 2023-09 prospectively to all annual periods beginning after December 15, 2024. The Company is currently evaluating the impact of this standard on our consolidated financial statements and related disclosures.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Molotov S.A.S On December 6, 2021, the Company acquired approximately 98.5% of the equity interests in Molotov S.A.S (“Molotov”), a television streaming platform located in France, for €101.7 million or $115.0 million (“Molotov Acquisition”). In the first quarter of 2023, the Company acquired the remaining 1.5% of the equity interests in Molotov. The consideration paid in cash totaled €14.4 million or $16.3 million, and the issuance of 5.7 million shares of the Company’s common stock with a fair value of approximately $98.8 million. Molotov is included in the streaming segment and its contribution to revenue and operating loss during the year ended December 31, 2021 was $1.4 million and $8.1 million, respectively. The Molotov Acquisition was accounted for using the acquisition method of accounting in accordance with ASC 805, which requires recognition of assets acquired and liabilities assumed at their respective fair values on the date of acquisition. During the year ended December 31, 2022, the Company finalized its purchase price allocation of the assets acquired and liabilities assumed in the December 6, 2021 acquisition of Molotov based on new information obtained about facts and circumstances that existed as of the acquisition date. During the year ended December 31, 2022, the Company recorded measurement period adjustments to its acquisition date goodwill to record the non-controlling interest of $1.8 million for the remaining 1.5% of Molotov’s equity interest and adjustments to right of use assets, lease liabilities, accounts payable, and accrued expenses based on additional information obtained about conditions that existed as of the acquisition date. The following table presents the allocation of the purchase price to the net assets acquired, inclusive of intangible assets, with the excess fair value recorded to goodwill (in thousands): Assets acquired: Cash $ 818 Accounts receivable, net 1,752 Prepaid and other current assets 6,273 Property and equipment, net 738 Other non-current assets 2,643 Intangible assets 18,429 Goodwill 127,971 Right-of-use assets 4,566 Total assets acquired 163,190 Liabilities assumed: Accounts payable 15,724 Accrued expenses and other current liabilities 21,628 Deferred revenue 812 Long-term borrowings - current portion 3,662 Lease liabilities 4,566 Total liabilities assumed 46,392 Redeemable non-controlling interest 1,752 Net assets acquired $ 115,046 Goodwill, which is not deductible for tax purposes, primarily represents the benefits expected to result from the assembled workforce of Molotov. The Company allocated the goodwill to its streaming segment. The Company recognized $2.7 million of acquisition-related costs for the Molotov Acquisition that were expensed as incurred during the year ended December 31, 2021. These costs were included in general and administrative expense in the consolidated statement of operations and comprehensive loss. The estimated useful lives and fair value of the intangible assets acquired are as follows (in thousands): Estimated Fair Value Customer relationships 2 $ 9,271 Trade name 2 679 Software and technology 6 8,479 Total $ 18,429

Revenue from Contracts with Cus

Revenue from Contracts with Customers	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer	Revenue from Contracts with Customers Disaggregated revenue The following table presents the Company’s revenues disaggregated into categories based on the nature of such revenues (in thousands): Years Ended December 31, 2023 2022 2021 Subscription $ 1,249,579 $ 905,886 $ 564,441 Advertising 115,370 101,739 73,749 Other 3,276 1,071 180 Total revenues $ 1,368,225 $ 1,008,696 $ 638,370 The following tables summarize subscription revenue and advertising revenue by region for the year ended December 31, 2023, 2022 and 2021 (in thousands): Subscription Years Ended December 31, 2023 2022 2021 United States and Canada (North America) $ 1,217,905 $ 882,679 $ 562,991 Rest of world 31,674 23,207 1,450 Total subscription revenues $ 1,249,579 $ 905,886 $ 564,441 Advertising Years Ended December 31, 2023 2022 2021 United States and Canada (North America) $ 114,247 $ 100,605 $ 73,538 Rest of world 1,123 1,134 211 Total advertising revenues $ 115,370 $ 101,739 $ 73,749 Contract balances For the year ended December 31, 2023, 2022, and 2021, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying consolidated balance sheet as of December 31, 2023 and 2022. The contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of December 31, 2023 and 2022, the Company’s contract liabilities totaled $90.2 million and $65.4 million, respectively, and are recorded as deferred revenue on the accompanying consolidated balance sheets. Transaction price allocated to remaining performance obligations The Company does not disclose the transaction price allocated to remaining performance obligations since subscription and advertising contracts have an original expected term of one year or less.

Property and equipment, net

Property and equipment, net	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and equipment, net Property and equipment, net, is comprised of the following (in thousands): December 31, Useful Lives 2023 2022 Furniture and fixtures 7 $ 532 $ 441 Computer equipment 3 - 5 3,949 2,922 Leasehold improvements Term of lease 5,302 5,136 9,783 8,499 Less: Accumulated depreciation (4,948) (3,524) Total property and equipment, net $ 4,835 $ 4,975 Depreciation expense totaled $1.5 million, $1.2 million, and $0.7 million for the years ended December 31, 2023, 2022, and 2021 respectively.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations Dissolution of Fubo Gaming As discussed in Note 1, on October 17, 2022, the Company dissolved its wholly owned subsidiary Fubo Gaming Inc. ("Fubo Gaming"). In connection with the dissolution of Fubo Gaming, the Company concurrently ceased operation of Fubo Sportsbook. Net income (loss) from Fubo Gaming's discontinued operations consists of the following for the years ended December 31, 2023 and 2022 (in thousands): Years Ended December 31, 2023 2022 2021 Revenues Wagering $ — $ (759) $ (20) Total revenues — (759) (20) Operating expenses Sales and marketing (59) 9,976 6,667 Technology and development 17 9,220 5,095 General and administrative 1,370 28,481 19,146 Depreciation and amortization 158 433 215 Gain on extinguishment and remeasurement of certain liabilities (6,671) — — Impairment of goodwill, intangible assets, and other long-lived assets, net — 87,365 — Total operating expenses (5,185) 135,475 31,123 Operating income (loss) 5,185 (136,234) (31,143) Other income (expense) Interest expense — (598) — Other income (expense) — (42) (34) Total other expense — (640) (34) Net income (loss) from discontinued operations before income taxes 5,185 (136,874) (31,177) Income tax benefit — — — Net income (loss) from discontinued operations $ 5,185 $ (136,874) $ (31,177) During the year ended December 31, 2023, the Company recorded a $6.7 million gain on extinguishment and remeasurement of certain liabilities. During the year ended December 31, 2022 the Company incurred non-cash impairment charges totaling $87.4 million primarily consisting of prepaid market access agreements, intangible assets and goodwill. Included in the table above, during the years ended December 31, 2022 and 2021, the Company recorded $15.9 million and $10.6 million, respectively, of stock-based compensation expense. There was no stock-based compensation expense recorded during the year ended December 31, 2023 pertaining to Fubo Gaming. During the year ended December 31, 2022, the Company incurred certain immaterial charges in connection with the dissolution, primarily related to severance and other employee-related costs. The carrying amounts of the major classes of assets and liabilities classified as discontinued operations as of December 31, 2023 and 2022 are as follows (in thousands): December 31, 2023 2022 ASSETS Current assets Cash and cash equivalents $ 462 $ 3,277 Prepaid and other current assets — 1,366 Total assets - discontinued operations $ 462 $ 4,643 LIABILITIES Current liabilities Accounts payable $ 2,195 $ 4,347 Accrued expenses and other current liabilities 17,413 25,787 Lease liabilities — 2,447 Total liabilities - discontinued operations $ 19,608 $ 32,581 As of December 31, 2023 and 2022, the Company's accrued expenses and other current liabilities of its discontinued operations included $17.4 million and $24.7 million, respectively, primarily related to contract termination costs.

Intangible Assets and Goodwill

Intangible Assets and Goodwill	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	Intangible Assets and Goodwill Intangible Assets The table below summarizes the Company’s intangible assets at December 31, 2023 and 2022 (in thousands): Useful Lives Weighted Average Remaining December 31, 2023 Intangible Assets Accumulated Amortization Net Balance Customer relationships 2 — $ 32,729 $ (32,729) $ — Trade names 2-9 5.2 38,859 (16,578) 22,281 Capitalized internal use software 3 2.3 25,770 (5,893) 19,877 Software and technology 3-9 5.1 196,136 (79,846) 116,290 Total $ 293,494 $ (135,046) $ 158,448 Useful Lives Weighted Average Remaining December 31, 2022 Intangible Assets Accumulated Amortization Net Balance Customer relationships 2 1.2 $ 32,433 $ (28,421) $ 4,012 Trade names 2-9 6.1 38,837 (12,018) 26,819 Capitalized internal use software 3 2.4 8,487 (1,757) 6,730 Software and technology 3-9 6.1 191,735 (57,464) 134,271 Total $ 271,492 $ (99,660) $ 171,832 The intangible assets are being amortized over their respective original useful lives, which range from two of $35.0 million, $35.5 million, and $36.9 million for the years ended December 31, 2023, 2022 and 2021 including amortization related to impaired intangible assets. Intangible assets includes an impairment charge of $100.3 million related to the historical Facebank reporting unit. The estimated future amortization expense associated with intangible assets is as follows (in thousands): Future Amortization 2024 35,478 2025 33,661 2026 31,277 2027 26,823 2028 25,100 Thereafter 6,109 Total $ 158,448 Goodwill The following table is a summary of the changes to goodwill for the years ended December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Beginning balance $ 618,506 $ 619,587 Molotov acquisition — (497) Foreign currency translation adjustment 4,312 (584) Ending balance $ 622,818 $ 618,506 As a result of sustained decreases in the Company’s stock price and market capitalization, the Company conducted an interim impairment test of its goodwill and long-lived assets as of June 30, 2022. The results of the assessment indicated there was no impairment to the streaming business. The Company performed its annual test for goodwill impairment for the streaming reporting unit as of October 1, 2023 and 2022. Based on a qualitative analysis, it was determined that it was more likely than not that goodwill was not impaired. Between October 1, 2022 and December 31, 2022, the Company experienced sustained decreases in its stock price and market capitalization. As a result, the Company conducted an impairment test of its goodwill and long-lived assets as of December 31, 2022. The Company estimated the fair value by weighting results from a market approach and an income approach. Significant assumptions inherent in the valuation methodologies included, but are not limited to, prospective financial information (including revenue growth and subscriber related expenses), a long-term growth rate, discount rate, and comparable multiples from publicly-traded companies in the same industry. The results of the impairment test showed that the fair value of the streaming reporting unit was in excess of its carrying value. Therefore, it was determined that goodwill is not impaired. The process of determining the fair value of a reporting unit is highly subjective and involves the use of significant estimates and assumptions. The Company’s impairment test as of December 31, 2022 reflected an allocation of 50% and 50% between income and market-based approaches, respectively. The income-based approach also takes into account the future growth and profitability expectations. Significant inputs into the valuation models included the control premium, discount rate, and revenue market multiples as follows: December 31, 2022 Control premium 35% Discount rate 31% Revenue multiples 0.34x - 0.52x

Accounts Payable, Accrued Expen

Accounts Payable, Accrued Expenses and Other Long-Term Liabilities	12 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure	Accounts Payable, Accrued Expenses and Other Long-Term Liabilities Accounts payable, accrued expenses and other long-term liabilities are presented below (in thousands): December 31, 2023 2022 Affiliate fees $ 266,089 $ 218,367 Broadcasting and transmission 13,097 15,732 Selling and marketing 33,925 26,907 Accrued compensation 13,218 9,838 Legal and professional fees 3,672 3,712 Sales tax 42,590 37,934 Accrued interest 4,671 4,773 Subscriber related 1,624 3,101 Shares settled liability 5,131 2,860 Other 11,970 9,708 Total $ 395,987 $ 332,932

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The loss before income taxes on continuing operations includes the following components (in thousands): For the Years Ended December 31, 2023 2022 2021 United States $ 283,988 $ 399,941 $ 346,244 International 9,993 26,770 8,223 Loss before income taxes $ 293,981 $ 426,711 $ 354,467 The benefit of income taxes on continuing operations for the years ended December 31, 2023, 2022 and 2021 consist of the following (in thousands): December 31, 2023 2022 2021 U.S. Federal Current $ — $ — $ — Deferred 620 1,351 2,082 State and local Current (116) — — Deferred 145 315 599 Foreign Current — — — Deferred 230 — — Income tax benefit $ 879 $ 1,666 $ 2,681 A reconciliation of the statutory federal rate on continuing operations to the Company’s effective tax rate on continuing operations is as follows: December 31, 2023 2022 2021 Federal rate 21.00 % 21.00 % 21.00 % State income taxes, net of federal benefit 2.57 0.07 0.17 Other nontaxable of nondeductible items (0.05) — — Stock-based compensation (1.33) (0.67) (2.25) Change in fair value of derivative, warrant liability, and gain on extinguishment of convertible notes — (0.08) 0.16 Amortization of debt discount — (0.67) — Foreign rate differential 0.14 0.34 0.13 Effect of changes in tax laws or rates enacted in the current period (0.83) — — Change in valuation allowance (21.73) (18.94) (18.99) Other 0.53 (0.66) 0.54 Income tax benefit 0.30 % 0.39 % 0.76 % The components of our deferred tax assets are as follows (in thousands): December 31, 2023 2022 Deferred tax assets: Net operating losses $ 366,837 $ 324,256 Accruals and deferrals 15,115 11,032 Stock-based compensation 16,235 10,225 Interest expense limitation 14,860 13,959 Leasing assets 9,375 9,125 Other 30 49 Total deferred tax assets 422,452 368,646 Less: Valuation allowance (385,461) (322,989) Net deferred tax assets $ 36,991 $ 45,657 Deferred tax liabilities: Intangible assets $ 29,073 $ 38,929 Property and equipment 7,688 7,391 Deferred state income tax — 102 Total deferred tax liabilities $ 36,761 $ 46,422 Net deferred tax assets (liabilities) $ 230 $ (765) In assessing the Company’s ability to recover its deferred tax assets, the Company evaluated whether it is more likely than not that some portion or the entire deferred tax asset will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income in those periods in which temporary differences become deductible and/or net operating losses can be utilized. The Company considered all positive and negative evidence when determining the amount of the net deferred tax assets that are more likely than not to be realized. This evidence includes, but is not limited to, historical earnings, scheduled reversal of taxable temporary differences, tax planning strategies and projected future taxable income. A significant piece of objective negative evidence evaluated was cumulative loss incurred over the three-year period ended December 31, 2023. Such objective evidence limits the ability to consider other subjective evidence, such as our projections for future growth. Based on the weight of available evidence, the Company determined that its U.S., French and Spanish deferred tax assets were not realizable on a more-likely-than-not basis and that a full valuation allowance is required. During the year ended December 31, 2023, the Company's valuation allowance increased by $62.5 million. As of December 31, 2023, the Company had federal net operating loss carryforwards of $1,381.0 million. These U.S. federal net operating loss carryforward may be subject to a substantial annual limitation under Section 382 due to ownership changes that may have occurred or that could occur in the future. Approximately $88.1 million of the U.S. federal net operating loss carryforwards begin to expire in 2033 to 2037, if not utilized. The remaining $1,292.9 million can be carried forward indefinitely but are only available to offset 80% of future taxable income. As of December 31, 2023, the Company had state net operating loss carryforwards of $538.5 million. The state net operating loss carryforward of $513.8 million will begin to expire in 2033 through 2043, in varying amounts if not utilized. Approximately $24.7 million can be carried forward indefinitely but are only available to offset 80% of future taxable income. As of December 31, 2023, the Company had foreign net operating loss carryforwards of $172.6 million. With the exception of the loss carryforwards attributable to the Company’s Indian subsidiary which may be carried for eight years, the foreign net operating loss carryforwards will carryforward indefinitely but are subject to a limitation on the amount that can be used to offset taxable income in a given year. Utilization of the NOL carryforwards may be subject to a substantial annual limitation due to ownership change limitations that may have occurred or that could occur in the future, as required by the Internal Revenue Code, as well as similar state provisions. In general, an “ownership change” as defined by Code Sections 382 and 383, results from a transaction or series of transactions over a three-year period resulting in an ownership change of more than 50 percentage points of the outstanding stock of a company by certain shareholders or public groups. Since the Company’s formation, the Company has raised capital through the issuance of capital stock on several occasions which, combined with the purchasing shareholders’ subsequent disposition of those shares have resulted in such an ownership change and could result in an ownership change in the future upon subsequent disposition. The Company conducted an analysis of our stock ownership under Internal Revenue Code Section 382 and 383. The net operating loss carryforwards are subject to annual limitations as a result of the ownership changes in 2015, 2016, 2019 and 2020. Approximately $1.1 million of the net operating loss carryforwards are expected to expire before the utilization. The Company follows the provisions of FASB Accounting Standards Codification (ASC 740-10), Accounting for Uncertainty in Income Taxes. ASC 740-10 prescribes a comprehensive model for the recognition, measurement, presentation and disclosure in financial statements of uncertain tax positions that have been taken or expected to be taken on an income tax return. No liability related to uncertain tax positions was required to be recorded in the financial statements as of December 31, 2023 and 2022. The Company’s policy is to recognize interest and penalties accrued on uncertain income tax positions in income tax expense in the Company’s consolidated statements of operations and comprehensive loss. The Company had not incurred any material tax interest or penalties as of December 31, 2023 and 2022. The Company does not anticipate any significant change within 12 months of this reporting date of its uncertain tax positions. The Company is subject to taxation in the United States and various state jurisdictions, France, Spain and India. The Company had been delinquent in filings since December 31, 2014. There are no ongoing examinations by taxing authorities at this time. The Company’s tax years 2013 through 2023 will remain open for examination by the federal and state authorities for three and four years, respectively, from the date of utilization of any net operating loss credits. The Company’s 2020 to 2023 tax years will remain open for examination by the Spain tax authority for four years starting from the day following the date of termination of the voluntary tax filing period. The Company’s 2020 - 2023 tax years remain open for examination in France. The Company's 2022-2023 tax years are open for examination by the Indian tax authority.

Notes Payable, Long-Term Borrow

Notes Payable, Long-Term Borrowing, and Convertible Notes	12 Months Ended
	Dec. 31, 2023
Notes Payable Long-term Borrowing And Convertible Notes
Notes payable, long-term borrowing, and convertible notes	Notes Payable, Long-Term Borrowing, and Convertible Notes Notes payable, long-term borrowings, and convertible notes as of December 31, 2023 and 2022 consist of the following (in thousands): Note Stated Interest Rate Principal Balance Capitalized Interest Debt Discount December 31, 2023 2026 Convertible Notes 3.25 % $ 397,500 $ — $ (5,752) $ 391,748 Note payable 10.0 % 2,700 3,585 — 6,285 BPi France 2.25 % 1,612 — — 1,612 Other 4.0 % 30 8 — 38 $ 401,842 $ 3,593 $ (5,752) $ 399,683 Note Stated Interest Rate Principal Balance Capitalized Interest Debt Discount December 31, 2022 2026 Convertible Notes 3.25 % $ 402,500 $ — $ (8,406) $ 394,094 Note payable 10.0 % 2,700 2,950 — 5,650 BPi France 2.25 % 1,986 — — 1,986 Other 4.0 % 30 7 — 37 $ 407,216 $ 2,957 $ (8,406) $ 401,767 2026 Convertible Notes On February 2, 2021, the Company issued $402.5 million of convertible notes (“2026 Convertible Notes.”) The 2026 Convertible Notes bear interest from February 2, 2021, at a rate of 3.25% per annum, payable semi-annually in arrears on February 15 and August 15 of each year, beginning on August 15, 2021. The 2026 Convertible Notes will mature on February 15, 2026, unless earlier converted, redeemed, or repurchased. The net proceeds from this offering were approximately $389.4 million, after deducting a discount and offering expenses of approximately $13.1 million. The Company adopted the ASU 2020-06 on January 1, 2022 using the modified retrospective method. After adoption, the Company accounts for the 2026 Convertible Notes as single liability measured at amortized cost. The Company did not elect the fair value option. The Company will apply the if-converted methodology in computing diluted earnings per share if and when profitability is achieved. The initial equivalent conversion price of the 2026 Convertible Notes was $57.78 per share of the Company’s common stock. Holders may convert their 2026 Convertible Notes on or after November 15, 2025, until the close of business on the second business day preceding the maturity date or prior to November 15, 2025 under certain circumstances including: i. during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ended on March 31, 2021, if the last reported sale price of the Company’s common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day; ii. during the five-business day period after any five consecutive trading day period in which the trading price for each trading day of such five consecutive trading day period was less than 98% of the product of the last reported sale price of the Company’s common stock and the conversion rate on each such trading day; iii. if the Company calls any or all of the 2026 Convertible Notes for redemption, at any time prior to the close of business on the second scheduled trading day immediately preceding the redemption date; or iv. upon the occurrence of specified corporate events. The Company may also redeem all or any portion of the 2026 Convertible Notes after February 20, 2024 if the last reported sale price of the Company’s common stock has been at least 130% of the conversion price then in effect for at least 20 trading days during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100% of the principal amount of the 2026 Convertible Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. Upon conversion, the Company can elect to deliver cash or shares or a combination of cash or shares. If the Company undergoes a fundamental change (as defined in the Indenture), subject to certain conditions, holders of the 2026 Convertible Notes may require the Company to repurchase for cash all or any portion of their 2026 Convertible Notes at a repurchase price equal to 100% of the principal amount of the 2026 Convertible Notes plus any accrued and unpaid interest. In addition, if a corporate event (as defined in the Indenture) occurs prior to the maturity date or if the Company issues a notice of redemption, the Company may be required increase the conversion rate by a pre-defined amount for any holder who elects to convert their 2026 Convertible Notes in connection with such a corporate event. During the year ended December 31, 2023, the Company repurchased $5.0 million principal amount of the 2026 Convertible Notes for $3.3 million and recognized a gain on extinguishment of $1.6 million. During the years ended December 31, 2023, 2022, and 2021, the Company paid $13.1 million, $13.4 million, and $7.0 million, respectively, of interest expense in connection with the 2026 Convertible Notes and recorded amortization expense of $2.6 million, $2.5 million, and $2.4 million, respectively, which is included in amortization of debt discount in the consolidated statements of operations and comprehensive loss. As of December 31, 2023 and 2022, the net carrying value of the 2026 Convertible Notes was $391.7 million and $394.1 million, respectively, with unamortized debt discount and issuance costs of $5.8 million and $8.4 million, respectively. As of December 31, 2023 and 2022, the estimated fair value (Level 2) of the 2026 Convertible Notes was $288.2 million and $183.1 million, respectively. Note payable The Company has recognized, through the consolidation of its subsidiary Evolution AI Corporation (“EAI”), a $2.7 million note payable bearing interest at the rate of 10.0% per annum that was due on October 1, 2018 (“CAM Digital Note”). The cumulative accrued interest on the CAM Digital Note amounts to $3.3 million. The CAM Digital Note is currently in a default condition due to non-payment of principal and interest. The outstanding balance as of December 31, 2023 and 2022, including interest and penalties, is $6.3 million and $5.7 million, respectively, and is included in notes payable on the accompanying consolidated balance sheet. BPi France The Company assumed through the acquisition of Molotov in December 2021, $2.4 million in notes bearing interest rates of 2.25% per annum. During the year ended December 31, 2023 and 2022, the Company repaid principal of approximately $0.4 million and $0.4 million, respectively. As of December 31, 2023 and 2022, the principal balance totaled approximately $1.6 million and $2.0 million, respectively, and is included in long-term borrowings-current portion on the accompanying consolidated balance sheet. Societe Generale The Company assumed through the acquisition of Molotov in December 2021, $1.3 million in notes bearing interest rates of 0.25%. During the year ended December 31, 2022, the Company repaid principal of $1.3 million. Other The Company assumed, through the consolidation of its subsidiary EAI, a $30,000 note payable due to a relative of the former Chief Executive Officer, John Textor bearing interest at the rate of 4.0% per annum. As of December 31, 2023 and 2022, the principal balance and accrued interest totaled approximately $38,000 and $37,000, respectively.

Segments and Geographic Informa

Segments and Geographic Information	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segments	Segments and Geographic Information The Company ceased operations of Fubo Sportsbook in connection with the dissolution of Fubo Gaming in October 2022. Consequently, the wagering reportable segment has been eliminated. The Company has one operating segment as of December 31, 2023, the streaming business. The following tables set forth our financial performance by geographical location (in thousands): Total long-lived assets and rights-of-use assets December 31, 2023 2022 United States 190,113 197,673 Rest of world 8,995 15,022 Total revenue December 31, 2023 2022 2021 United States $ 1,309,438 $ 972,220 $ 634,065 Rest of world 58,787 36,476 4,305 Total revenue $ 1,368,225 $ 1,008,696 $ 638,370

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	The following table classifies the Company’s assets and liabilities measured at fair value on a recurring basis into the fair value hierarchy as of December 31, 2023 and 2022 (in thousands): Fair valued measured at December 31, 2023 Quoted prices in active markets Significant other observable inputs Significant unobservable inputs Total Financial assets at fair value: Cash and cash equivalents Money market securities $ 205,074 $ — $ — $ 205,074 Total financial assets at fair value $ 205,074 $ — $ — $ 205,074 Fair valued measured at December 31, 2022 Quoted prices in active markets Significant other observable inputs Significant unobservable inputs Total Financial assets at fair value: Cash and cash equivalents Money market securities $ 50,010 $ — $ — $ 50,010 Total financial assets at fair value $ 50,010 $ — $ — $ 50,010 Derivative Financial Instruments Certain of the Company’s warrants are classified as liabilities and measured at fair value on the issuance date, with changes in fair value recognized as other income (expense) in the consolidated statements of operations and comprehensive loss. The following table presents changes in Level 3 liabilities measured at fair value (in thousands) for the years ended December 31, 2022 and 2021. Unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. Warrant liabilities Fair value at December 31, 2020 $ 22,686 Change in fair value (2,659) Redemption (16,479) Fair value at December 31, 2021 3,548 Change in fair value 1,701 Redemption (5,249) Fair value at December 31, 2022 — There were no warrant liabilities outstanding as of December 31, 2023 and 2022.

Shareholders_ Equity

Shareholders’ Equity	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Shareholders’ Equity	Shareholders’ Equity Authorized Share Capital The Company amended its articles of incorporation on January 9, 2019 to increase the authorized share capital to 400.0 million shares of common stock. Common Stock Activity At-the-Market Sales Agreements 2021 ATM Program On August 13, 2021, the Company entered into an at-the-market sales agreement (the "2021 Sales Agreement") with Evercore Group L.L.C., Needham & Company, LLC and Oppenheimer & Co. Inc., as sales agents (each, a “prior manager” and together, the “prior managers”), pursuant to which the Company, from time to time, sold shares of its common stock having an aggregate offering price of up to $500.0 million through the prior managers. The Company paid the prior managers a commission of up to 3.0% of the aggregate gross proceeds the Company received from all sales of the Company’s common stock under the 2021 ATM Offering. Effective August 4, 2022, the Company terminated the 2021 ATM Offering. During the year ended December 31, 2021, the Company received net proceeds of $140.4 million (after deducting $3.5 million in commissions and expenses) from sales of 5,338,607 shares of its common stock, at a weighted average gross sales price of $26.96 per share pursuant to the 2021 Sales Agreement. 2022 ATM Program On August 4, 2022, the Company entered into an at-the-market sales agreement (the "Sales Agreement," and together with the 2021 Sales Agreement, the "ATM Sales Agreements") with Evercore Group L.L.C., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Needham & Company, LLC, as sales agents (each, a “manager” and together, the “managers”) pursuant to which the Company may, from time to time, sell shares of its common stock, having an aggregate offering price of up to $350.0 million through the managers. Upon delivery of a placement notice and subject to the terms and conditions of the Sales Agreement, the managers may sell the shares by methods deemed to be an “at-the-market” offering as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended. Subject to the terms and conditions of the Sales Agreement, each manager will use commercially reasonable efforts consistent with its normal trading and sales practices to sell the shares from time to time, based upon the Company’s instructions. The Company will pay the managers a commission for their services in acting as agents in the sale of common stock at a commission rate of up to 3% of the gross sales price of the shares of the Company’s common stock sold through them pursuant to the Sales Agreement. The Company is not obligated to, and cannot provide any assurances that it will, make any sales of the shares under the Sales Agreement. The offering of shares of common stock pursuant to the Sales Agreement will terminate upon the earlier of (i) the sale of all common stock subject to the Sales Agreement or (ii) termination of the Sales Agreement in accordance with its terms. During the year ended December 31, 2023 and 2022, the Company received net proceeds of approximately $116.9 million and $292.1 million, respectively (after deducting $2.8 million and $6.6 million in commissions and expenses, respectively) from sales of 81,694,729 and 50,620,577 shares of its common stock, respectively, at a weighted average gross sales price of $1.46 and $5.90 per share, respectively, pursuant to the ATM Sales Agreements. As of December 31, 2023, there was $156.3 million of common stock remaining available for sale under the 2022 Sales Agreement. Year ended December 31, 2022 Framework Agreement with MEP FTV On August 2, 2022 (the "MEP Effective Date"), Fubo Studios Inc. (formerly known as Fubo Entertainment Inc.), a subsidiary of the Company, entered into a binding framework agreement (the “MEP Framework Agreement”) with MEP FTV Holdings, LLC (“MEP FTV”) and Maximum Effort Productions, LLC. (“MEP” and, together with MEP FTV, “Maximum Effort”), memorializing the parties’ collaboration on a forthcoming Maximum Effort linear channel and original programming for launch on Fubo. Maximum Effort is a premiere entertainment production company led by Ryan Reynolds and George Dewey. Pursuant to the MEP Framework Agreement, the Company and Maximum Effort desire to work together to (1) develop scripted and unscripted television programs intended for initial distribution on Fubo’s platform (the “MEP Projects”) and (2) create a new television channel with unique content, features and functionality (the “MEP Network”). In connection with the MEP Framework Agreement, as consideration for Maximum Effort’s participation in the collaboration, the Company entered into a Restricted Stock Award Agreement dated August 12, 2022 (the “MEP RSA Agreement”) pursuant to which it has agreed to issue to MEP FTV (i) 2,000,000 shares of restricted common stock, of the Company, within 10 business days after the MEP Effective Date; (ii) a number of shares of common stock determined by dividing $10.0 million by the 30-day volume weighted average closing price of common stock for the 30 trading days preceding the first anniversary of the MEP Effective Date, within 10 business days after the first anniversary of the MEP Effective Date; and (iii) a number of shares of common stock determined by dividing $10.0 million by the 30-day volume weighted average closing price of common stock for the 30 trading days preceding the second anniversary of the MEP Effective Date, within 10 business days after the second anniversary of the MEP Effective Date (collectively, the “MEP Shares”). The MEP Shares will be subject to transfer restrictions until various time- and performance-based milestones are met, and, during this restricted period, will be subject to potential forfeiture if the MEP Framework Agreement is terminated under certain conditions. The parties agreed that 80% of the equity grant shall be allocated as consideration for the MEP Projects and 20% of the equity grant shall be allocated as consideration for the MEP Network. During the year ended December 31, 2023, the Company issued 3,778,718 shares of restricted common stock in connection with the first anniversary of the MEP Effective Date. Because shares of the Company’s common stock will be issued as consideration for the MEP Framework Agreement, the Company accounted for the MEP RSA Agreement pursuant to the non-employee guidance in ASC 718, Compensation - Stock Compensation. Warrants Pursuant to the MEP Framework Agreement, on August 12, 2022, the Company issued MEP FTV a warrant to acquire 166,667 shares of the Company’s common stock with an exercise price of $15.00 per share. The warrant is exercisable on or prior to August 2, 2032, provided that the price per share of the Company’s common stock equals or exceeds a 30-trading day volume weighted average closing price of $30.00 at any time prior to third anniversary of the grant date. The fair value of the warrant was measured on August 12, 2022, using the Monte Carlo valuation model, and the fair value totaled approximately $0.4 million. The derived service period was determined to be 1.7 years. As of December 31, 2023, the unrecognized stock-based compensation totaled $0.1 million. A summary of the Company’s outstanding warrants as of December 31, 2023, are presented below (in thousands, except share and per share amounts): Number of Warrants Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 166,670 $ 17.40 $ — 9.6 Outstanding as of December 31, 2023 166,670 $ 17.40 $ — 8.6 The Company estimated the fair value of the warrants granted during the year ended December 31, 2022 using the Monte Carlo valuation model as follows: Dividend yield — Expected price volatility 107.0% Risk free interest rate 2.8% Expected term (years) 10.0 There were no warrants granted during the year ended December 31, 2023. Year ended December 31, 2021 In January and February 2021, 9,807,367 shares of Series AA Preferred Stock converted into 19,614,734 shares of common stock. On March 1, 2021, we consummated an offer to exchange the remaining outstanding shares of Series AA Preferred Stock for two shares of our common stock per share of Series AA Preferred Stock (the “Exchange Offer”). As a result of the Exchange Offer, 13,412,246 shares of Series AA Preferred Stock, representing 100% of the outstanding shares of Series AA Preferred Stock, were exchanged for 26,824,492 shares of our common stock.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Note 15 - Stock-Based Compensation Equity Incentive Plans On April 1, 2020, the Company approved the establishment of the Company’s 2020 Equity Incentive Plan, as amended (the “2020 Plan”). On November 20, 2022 and April 20, 2023, the Company amended the 2020 Plan to increase the maximum aggregate number of shares of common stock available for issuance under the 2020 Plan by 2,500,000 shares and 17,500,000 shares, respectively. On June 15, 2023, the Company's shareholders approved the amended 2020 Plan. The 2020 Plan provides for the grant of incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance units and performance shares to its employees, directors and consultants. As of December 31 2023, there are 7,399,380 shares available for future issuance under the 2020 Plan. The Company assumed the fuboTV Inc. 2015 Equity Incentive Plan (the "2015 Plan") on April 1, 2020. No shares are available for future issuance under the 2015 Plan. On August 3, 2022, the Company's board of directors (the "Board") approved the adoption of the 2022 Employment Inducement Equity Incentive Plan (the “2022 Inducement Plan”), which was adopted without shareholder approval pursuant to Rule 303A.08 of the New York Stock Exchange Listed Company Manual. The 2022 Inducement Plan provided for the grant of equity-based awards, including non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units, performance units and performance shares, and its terms are substantially similar to the 2020 Plan, with the exception that awards can only be made to new employees in connection with their commencement of employment. No shares are available for future issuance under the 2022 Inducement Plan. On August 7, 2023, the Board approved the adoption of the 2023 Employment Inducement Equity Incentive Plan (the “2023 Inducement Plan”), which was adopted without shareholder approval pursuant to Rule 303A.08 of the New York Stock Exchange Listed Company Manual. The aggregate number of shares of common stock reserved for issuance under the 2023 Inducement Plan is 3,000,000. The 2023 Inducement Plan provides for the grant of equity-based awards, including non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units, performance units and performance shares, and its terms are substantially similar to the 2020 Plan, with the exception that awards can only be made to new employees in connection with their commencement of employment. As of December 31 2023, there are 2,724,451 shares available for future issuance under the 2023 Inducement Plan. During the years ended December 31, 2023, 2022 and 2021 the Company recognized stock-based compensation expense as follows (in thousands): Years Ended December 31, 2023 2022 2021 Subscriber related $ 211 $ 144 $ 71 Sales and marketing 22,886 22,198 7,818 Technology and development 12,024 9,998 13,752 General and administrative 16,094 20,114 31,509 $ 51,215 $ 52,454 $ 53,150 During the year ended December 31, 2023 and 2022, in connection with the MEP Framework Agreement (See Note 14), the Company recorded approximately $6.5 million and $2.9 million of stock-based compensation expense, respectively, to shares settled liability. As of December 31, 2023 and 2022, $5.1 million and $2.9 million, respectively, is included in accrued expenses and other current liabilities and other long-term liabilities on the consolidated balance sheet. Stock Options The Company provides option grants to employees, directors, and consultants under the 2020 Plan. The fair value of each stock option grant is estimated on the date of grant using the Black-Scholes option pricing model. A summary of stock option activity for the year ended December 31, 2023, is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 10,243,772 $ 6.43 $ 1,956 6.0 Granted 636,298 $ 2.02 Exercised (339,842) $ 1.10 Forfeited or expired (64,621) $ 10.67 Outstanding as of December 31, 2023 10,475,607 $ 6.31 $ 6,534 5.3 Options vested and exercisable as of December 31, 2023 9,172,874 $ 6.48 $ 5,796 5.4 The following was used in determining the fair value of stock options granted during the year ended December 31, 2023: Dividend yield — % Expected price volatility 49.8 % Risk free interest rate 3.9 % Expected term (years) 6.0 As of December 31, 2023, the estimated value of unrecognized stock-based compensation expense related to unvested options was $2.8 million to be recognized over a period of 1.1 years. Performance-Based Stock Options On October 8, 2020, the Company awarded the CEO an option to purchase 4,100,000 shares of common stock which was eligible to vest based upon the achievement of certain predetermined goals for each of the five years in the performance period related to stock price, revenue, gross margin, an increase in the number of subscribers, the launch of new markets and, commencing in 2023, creation of new revenue streams. The terms of the option provided that the Company's Board would review and certify attainment of such goals annually from 2021 through 2026 on a given certification date subsequent to the Company’s calendar year end (the "Determination Date") to determine if any vesting was warranted. The Board had the discretion to determine vesting at, above, or below 20% of the shares subject to the performance option on a given Determination Date. All shares were eligible for vesting until the Determination Date following the 2025 calendar year. Any such vesting was subject to the CEO’s continuation in service with the Company through the applicable Determination Date. Because the number of shares to be earned on each Determination Date was subject to the discretion of the Board, the compensation expense was adjusted each reporting period for changes in fair value prorated for the portion of the requisite service period rendered and based on the number of shares expected to be earned. During the year ended December 31, 2022, the Board determined that the option would vest with respect to 820,000 shares for the 2021 calendar year. On April 20, 2023, the Company entered into the first amendment to the performance-based stock options described above that were awarded to its CEO. The amendment did not adjust the total number of options granted (4,100,000 options), the exercise price of $10.00 per share or the expiration date of October 7, 2030. Under the terms of the amendment, the original vesting conditions were modified with respect to the 3,280,000 performance-based stock options that remained unvested. The modified vesting of the stock options is based upon the achievement of certain performance metrics (the "Performance Criteria") during the period from January 1, 2025 through December 31, 2025, including 50% vesting based on the Company's adjusted EBITDA, 25% vesting based on revenue criteria, and 25% vesting based on the number of subscribers achieved. The Company’s Board will certify the Company’s performance relative to the Performance Criteria on or prior to February 20, 2026 (the “Certification Date”). If a change in control event occurs on or prior to December 31, 2025, all of the unvested options (measured at target performance) will vest on February 20, 2026 (or the date of an earlier termination of employment without cause or for good reason (a "Qualifying Termination") following the change in control), provided the CEO continues to provide services through such date. In the event of the CEO’s Qualifying Termination prior to a change in control, if the termination occurs on or prior to December 31, 2025, then all unvested options (measured at target performance) will vest as of the date of termination, and if the termination occurs on or after January 1, 2026, a number of unvested options, determined based on actual performance during the performance period, will vest on date performance is certified. Compensation cost related to the modification of the 3,280,000 unvested options will be recognized over the requisite service period for the new award beginning on the amendment date and ending on the Certification Date based on the probability of achievement of the Performance Criteria. There is no accounting impact on the fully vested 820,000 shares as a result of the amendment. The fair value of the options as of the amendment date totaled $1.2 million, and during the year ended December 31, 2023, the Company recognized stock-based compensation expense of $0.3 million. Modification of Options and Restricted Stock Units During the years ended December 31, 2022 and 2021, the Board of Directors approved a modification to stock option and restricted stock award grants to employees who terminated from the Company. The modifications accelerated the vesting of unvested stock options and restricted stock awards as of the termination date and provided the option holders with an additional months post-termination to exercise their stock options. The modifications resulted in incremental stock-based compensation expense of $2.1 million and $10.6 million during the years ended December 31, 2022 and 2021, respectively. The incremental stock-based compensation expense for modifications of stock option and restricted stock awards during the year ended December 31, 2023 was not material. Market and Service Condition Based Stock Options A summary of activity under the Plan for market and service-based stock options for the year ended December 31, 2023 is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 4,453,297 $ 12.75 $ — 4.7 Outstanding as of December 31, 2023 4,453,297 $ 12.75 $ — 3.7 Options vested and exercisable as of December 31, 2023 3,994,964 $ 11.96 $ — 3.6 Stock based compensation expense is based on the estimated value of the awards on the grant date, and is recognized over the period from the grant date through the expected vest dates of each vesting condition, both of which were estimated based on a Monte Carlo simulation model. There were no market and service-based options granted during the year ended December 31, 2023 and 2022. During the year ended December 31, 2021, 1,375,000 stock options with a fair value of $19.2 million were granted to an employee of the Company. The options vest on the earlier of each anniversary of the grant date or based on the achievement of pre-established parameters relating to the performance of the Company’s stock price. During the year ended December 31, 2023, 2022, 2021, the Company recognized $3.3 million, $7.8 million, and $7.2 million respectively, of stock-based compensation related to its market and service-based stock options. As of December 31, 2023, there was $0.9 million of unrecognized stock-based compensation expense for market and service-based stock options. Service-based Restricted Stock Awards MEP Framework Agreement - MEP Project Restricted Stock Awards In connection with the MEP Framework Agreement, stock-based compensation cost for MEP Project restricted stock awards (the "MEP Project RSAs") totaling approximately $23.0 million measured as the fair value of the 1,600,000 shares issued for the first tranche issued on August 12, 2022 at $7.0 million, plus the fixed monetary amount of $8.0 million settleable in shares on August 2, 2023, and the fixed monetary amount of $8.0 million settleable in shares on August 2, 2024. Compensation cost will be recognized on a straight-line basis over the term of the three-year service period as if the Company paid cash for the services. The second two tranches are liability classified because they are a fixed monetary amount, settleable in shares. As compensation cost is recognized for these tranches, a corresponding credit to share-based liabilities will be recorded and reclassified to equity upon issuance of the related shares. In connection with the MEP Project RSAs, as of December 31, 2023 the unrecognized stock-based compensation totaled $12.3 million, and $3.7 million of shares liability in accrued expenses and other current liabilities and other long-term liabilities was recorded on the consolidated balance sheet. Performance-based Restricted Stock Awards MEP Framework Agreement - MEP Network Restricted Stock Awards The restricted stock awards allocated as consideration for the MEP Network (“MEP Network RSAs”) are performance-based RSAs. The performance condition consists of creating a new television channel with unique content, features and functionality. Compensation cost is measured on the grant date for shares that vest based upon the achievement of the performance condition are recognized when probable over the requisite service period, that is the implicit service period over which the performance conditions are probable of achievement. Stock-based compensation cost for the MEP Network RSAs totaling approximately $5.7 million is measured as the fair value of the 400,000 shares issued for the first tranche issued on August 12, 2022 at $1.7 million, plus the fixed monetary amount of $2.0 million, settleable in shares on August 2, 2023, plus the fixed monetary amount of $2.0 million, settleable in shares on August 2, 2024 The Network RSAs were subject to forfeiture until launch of the Network which occurred in June 2023. The Company will recognize the total fair value of $5.7 million ratably over the two-year period. In connection with the MEP Network RSAs, as of December 31, 2023, the unrecognized stock-based compensation totaled $1.7 million, and $1.4 million of shares liability in accrued expenses and other current liabilities and other long-term liabilities was recorded on the consolidated balance sheet. Time-Based Restricted Stock Units A summary of the Company’s time-based restricted stock unit activity during the year ended December 31, 2023 is as follows: Number of Shares Weighted Average Grant-Date Fair Value Unvested at December 31, 2022 13,055,629 $ 5.25 Granted 13,912,089 $ 2.99 Vested (3,397,642) $ 5.82 Forfeited (3,256,301) $ 3.72 Unvested at December 31, 2023 20,313,775 $ 3.85 During the year ended December 31, 2023, the Company granted 13,912,089 time-based restricted stock units which generally vest annually over a four-year period, subject to the recipient’s continuation in service through each applicable vesting date. The fair value of restricted stock units is measured based on their fair value at grant date which totaled $44.0 million. During the year ended December 31, 2023, the Company issued 3,443,251 shares of common stock to its Board of Directors and employees in settlement of vested restricted stock units. During the year ended December 31, 2022, the Company granted 12,803,284 time-based restricted stock units which generally vest annually over a four-year period, subject to the recipient’s continuation in service through each applicable vesting date. The fair value of restricted stock units is measured based on their fair value at grant date which totaled $47.2 million. During the year ended December 31, 2022, the Company issued 1,576,231 shares of common stock to its Board of Directors and employees in settlement of vested restricted stock units. As of December 31, 2023, the estimated value of unrecognized stock-based compensation related to restricted stock units totaled $72.6 million, had an aggregate intrinsic value of $64.6 million, and a weighted average remaining contractual term of 3.0 years. Performance-Based Restricted Stock Units ("PRSU") A summary of the Company’s performance-based restricted stock unit activity during the year ended December 31, 2023 is as follows: Number of Shares Weighted Average Grant-Date Fair Value Unvested at December 31, 2022 1,520,000 $ 33.87 Granted 895,834 $ 2.87 Vested (286,667) $ 33.87 Forfeited (93,333) $ 33.87 Unvested at December 31, 2023 2,035,834 $ 20.23 On November 3, 2021, the Company granted 1.9 million performance-based restricted stock units (“PRSUs”) to the Chief Operating Officer ("COO") of the Company. The PRSUs were eligible to vest over a period of 5-calendar years through 2025, subject to the achievement of certain established performance metrics including revenue targets, subscriber targets, and the launching of new markets (and, with respect to 2023, the creation of one or more new revenue streams). The determination of the actual number of PRSUs that would vest each year during the five-year performance period would be determined upon the achievement of the predetermined performance targets. Any such vesting would be subject to the COO’s continuation in service with the Company through the applicable vesting date. At each reporting period, the Company made a determination of the most likely outcome for achievement of each performance metric, which could have resulted in a cumulative catch-up as the Company assessments were evaluated. The fair value of the PRSUs was measured based on their grant date fair value which totaled $64.4 million. During the year ended December 31, 2022, the Company determined the performance metrics were met for 286,667 PRSUs and 93,333 PRSUs were forfeited. The Company recognized stock-based compensation of $14.6 million during the year ended December 31, 2022. During the year ended December 31, 2021, the Company determined that the performance metrics for 380,000 PRSUs were met, and accordingly, recognized stock-based compensation of $5.6 million. On November 20, 2023, the Company entered into the first amendment to the PRSUs described above that were awarded to its COO. The amendment did not adjust the total number of PRSUs granted (1.9 million PRSUs). Under the terms of the amendment, the original vesting conditions were modified with respect to the 1,140,000 PRSUs that remained unvested as of the amendment date. The modified vesting of the PRSUs is based upon the achievement of the Performance Criteria during the period from January 1, 2025 through December 31, 2025, including 50% vesting based on the Company's adjusted EBITDA, 25% vesting based on revenue criteria, and 25% vesting based on the number of subscribers achieved. The Company’s Board will certify the Company’s performance relative to the Performance Criteria on or prior to the February 20, 2026 (the “Certification Date”). If a change in control event occurs on or prior to December 31, 2025, all of the unvested PRSUs (measured at target performance) will vest on or prior to February 20, 2026 (or the date of an earlier "Qualifying Termination" following the change in control), provided the COO continues to provide services through such date. In the event of the COO’s Qualifying Termination prior to a change in control, if the termination occurs on or prior to December 31, 2025, then all unvested PRSUs (measured at target performance) will vest as of the date of termination, and if the termination occurs on or after January 1, 2026, a number of unvested PRSUs, determined based on actual performance during the performance period, will vest on date performance is certified. Compensation cost related to the modification of the 1,140,000 unvested PRSUs will be recognized over the requisite service period for the new award beginning on the amendment date and ending on the Certification Date based on the probability of achievement of the Performance Criteria. The fair value of the unvested PRSUs as of the amendment date totaled $7.2 million and will be expense pro-rata over the requisite service period. During the year ended December 31, 2023, the Company recognized stock-based compensation expense of $8.7 million related to the PRSUs. As of December 31, 2023, unrecognized stock-based compensation totaled $6.8 million. There is no accounting impact on the fully vested 666,667 shares that had fully vested as of the amendment. On May 9, 2023, the Company entered into a PRSU agreement with the Company's CEO. The PRSU agreement provides the right to earn shares of the Company's common stock upon achievement of certain performance criteria, with 730,338 shares being earned at target performance and up to 1,095,507 shares being earned at maximum performance. The number of PRSUs eligible to vest will be determined based upon the achievement of annual performance-based vesting conditions for the 2023, 2024, and 2025 calendar years. The Company accounts for the PRSUs as three separate awards each with a requisite service period beginning on January 1st of the applicable year. For year one, the Company has defined the performance targets including adjusted EBITDA, revenue, and the number of subscribers, and determined the grant date is June 15, 2023. The Company's Board will define the performance criteria for years two and three no later than March 15, 2024 and 2025, respectively (the grant date of those respective tranches). Any PRSUs that are eligible to vest based on performance relative to the pre-determined annual performance objectives will vest on the date on which the Company’s performance for the 2025 performance year is certified, which will occur on or before February 20, 2026. Any such vesting is subject to the employee’s continuation in service with the Company through the applicable vesting date. The Company's Board will review attainment of such performance conditions annually from 2024 through 2026 on a given certification date (subsequent to the Company’s calendar year end) to determine if any PRSUs should be eligible to vest. The PRSUs contain both service and performance vesting conditions. Compensation cost related to the target PRSUs will be recognized over the requisite service period based on the probability of achievement of certain performance thresholds. The fair value of the PRSUs is measured based on their grant date fair value which totaled $0.7 million for the year one tranche. On November 20, 2023, the Company entered into PRSU agreements with various executive employees (the "Executives") covering a total of 569,475 shares in the aggregate. Under the terms of the agreements, the PRSUs will be eligible to vest based upon the achievement of the Performance Criteria during the period January 1, 2025 through December 31, 2025, including 50% vesting based on the Company's adjusted EBITDA, 25% vesting based on revenue criteria, and 25% based on the number of subscribers achieved. The Company’s Board will certify the Company’s performance relative to the Performance Criteria on or prior to the February 20, 2026 Certification Date. If a change in control event occurs on or prior to December 31, 2025, all of the unvested PRSUs (measured at target performance) will vest on February 20, 2026 (or the date of a "Qualifying Termination" following the change in control), provided the Executives continues to provide services through such date. In the event of an Executive's Qualifying Termination prior to a change in control, if the termination occurs on or prior to December 31, 2025, then all unvested PRSUs (measured at target performance) will vest as of the date of termination, and if the termination occurs on or after January 1, 2026, a number of unvested PRSUs, determined based on actual performance during the performance period, will vest on date performance is certified. Compensation cost related to the unvested PRSUs will be recognized over the requisite service period for the new award beginning on the grant date and ending on the Certification Date based on the probability of achievement of the Performance Criteria. The fair value of the PRSUs totaled $1.9 million, and during the year ended December 31, 2023, the Company recognized stock-based compensation expense of $0.1 million. As of December 31, 2023, unrecognized stock-based compensation totaled $1.8 million.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Leases The following summarizes quantitative information about the Company’s operating leases (amounts in thousands, except lease term and discount rate): The components of lease expense were as follows (in thousands): Years Ended December 31, 2023 2022 2021 Operating leases Operating lease cost $ 6,513 $ 5,711 $ 1,387 Other lease cost 256 239 287 Operating lease expense 6,769 5,950 1,674 Short-term lease rent expense 132 167 — Total rent expense $ 6,901 $ 6,117 $ 1,674 Supplemental cash flow information related to leases were as follows (amounts in thousands): Years Ended December 31, 2023 2022 2021 Operating cash flows from operating leases $5,939 $1,421 $553 Right of use assets exchanged for operating lease liabilities $3,062 $4,312 $30,968 Weighted average remaining lease term - operating leases 9.9 years 11.3 years 13.0 years Weighted average remaining discount rate - operating leases 7.8% 7.4% 7.6% Maturities of the Company’s operating leases from continuing operations, are as follows (in thousands): Year Ended December 31, 2024 $ 8,362 Year Ended December 31, 2025 7,764 Year Ended December 31, 2026 5,991 Year Ended December 31, 2027 4,831 Year Ended December 31, 2028 4,403 Thereafter 31,737 Total 63,088 Less present value discount (19,754) Operating lease liabilities $ 43,334 During the year ended December 31, 2022, the Company recorded an impairment charge of approximately $2.3 million for the right of use asset balances recorded in connection with Fubo Gaming (See Note 4). Other Contractual Obligations The Company is a party to several non-cancelable contracts with vendors and licensors for marketing and other strategic partnership related agreements where the Company is obligated to make future minimum payments under the non-cancelable terms of these contracts as follows (in thousands): Annual Sponsorship Agreements Year Ended December 31, 2024 $ 3,225 Year Ended December 31, 2025 3,275 Year Ended December 31, 2026 3,325 Year Ended December 31, 2027 3,425 Year Ended December 31, 2028 3,525 Thereafter 12,725 Total $ 29,500 Sports Rights Agreements The Company entered into various sports right agreements to obtain programming rights to certain live sporting events. Future payments under these agreements are as follows: Year Ended December 31, 2024 $ 26,065 Year Ended December 31, 2025 13,748 Year Ended December 31, 2026 13,748 Year Ended December 31, 2027 13,748 Year Ended December 31, 2028 4,583 Total $ 71,892 During the year ended December 31, 2023 and 2022, the Company made upfront payments totaling approximately $27.4 million and $54.7 million, respectively, which are recorded in prepaid sports rights on the consolidated balance sheet. Contingencies The Company is subject to certain legal proceedings and claims that arise from time to time in the ordinary course of its business, including relating to business practices and patent infringement. Litigation can be expensive and disruptive to normal business operations. Moreover, the results of complex legal proceedings are difficult to predict and the Company’s view of these matters may change in the future as the litigation and events related thereto unfold. When the Company determines that a loss is both probable and reasonably estimable, a liability is recorded and disclosed if the amount is material to the financial statements taken as a whole. When a material loss contingency is only reasonably possible, the Company does not record a liability, but instead discloses the nature and the amount of the claim, and an estimate of the loss or range of loss, if such an estimate can reasonably be made. Legal expenses associated with any contingency are expensed as incurred. The Company is engaged in discussions with certain third parties regarding patent licensing matters. The Company is not able to reasonably estimate whether it will be able to reach an agreement with these parties or the amount of potential licensing fees, if any, it may agree to pay in connection with these discussions, but it is possible that any such amount could be material. Legal Proceedings The Company is and may in the future be involved in various legal proceedings arising from the normal course of business activities. Although the results of litigation and claims cannot be predicted with certainty, currently, the Company believes that the likelihood of any material adverse impact on the Company’s consolidated results of operations, cash flows or our financial position for any such litigation or claims is remote. Regardless of the outcome, litigation can have an adverse impact on the Company because of the costs to defend lawsuits, diversion of management resources and other factors. Said-Ibrahim v. fuboTV Inc., David Gandler, Edgar M. Bronfman Jr., & Simone Nardi, Case No. 21-cv-01412 (S.D.N.Y) & Lee v. fuboTV, Inc., David Gandler, Edgar M. Bronfman Jr., & Simone Nardi, Case No. 21-cv-01641 (S.D.N.Y.) (consolidated as In re fuboTV Inc. Securities Litigation, No. 21-cv-01412 (S.D.N.Y.)) On February 17, 2021, putative shareholders Wafa Said-Ibrahim and Adhid Ibrahim filed a class action lawsuit against the Company, co-founder and CEO David Gandler, Executive Chairman Edgar M. Bronfman Jr., and CFO Simone Nardi (collectively, the “Class Action Defendants”). Plaintiffs allege that Class Action Defendants violated federal securities laws by disseminating false and misleading statements regarding the Company’s financial health and operating condition, including the Company’s ability to grow subscription levels, prospects, future profitability, seasonality factors, cost escalations, ability to generate advertising revenue, valuation, and entering the online sports wagering market. The Plaintiffs allege that Class Action Defendants violated Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 thereunder, as well as Section 20(a) of the Exchange Act, and seek damages and other relief. On February 24, 2021, putative shareholder Steven Lee filed a nearly identical class action lawsuit against the same Defendants. On April 29, 2021, the court consolidated Said-Ibrahim v. fuboTV Inc., David Gandler, Edgar M. Bronfman Jr., & Simone Nardi , Case No. 21-cv-01412 (S.D.N.Y) and Lee v. fuboTV, Inc., David Gandler, Edgar M. Bronfman Jr., & Simone Nardi , Case No. 21-cv-01641 (S.D.N.Y.) under In re FuboTV Inc. Securities Litigation, No. 1:21-cv-01412 (S.D.N.Y.). The court also appointed putative shareholder Nordine Aamchoune as lead plaintiff. On July 12, 2021, Lead Plaintiff filed an Amended Class Action Complaint. Lead Plaintiff seeks to pursue this claim on behalf of himself as well as all other persons who purchased or otherwise acquired Company securities publicly traded on the NYSE between March 23, 2020 and January 4, 2021, inclusive, and who were allegedly damaged thereby. The Class Action Defendants filed a motion to dismiss the Amended Class Action Complaint on September 10, 2021. Lead Plaintiff filed an opposition on November 9, 2021. Class Action Defendants filed their reply in support of the motion to dismiss on December 9, 2021. On March 30, 2023, the Court granted the Class Action Defendants' motion to dismiss without prejudice. On May 22, 2023, Lead Plaintiff filed a Second Amended Class Action Complaint, which amended the class period to purchases or acquisitions between May 20, 2020 and January 4, 2021, inclusive. The Class Action Defendants filed their motion to dismiss the Second Amended Class Action Complaint on August 1, 2023. Lead Plaintiff filed his opposition on September 14, 2023. The Class Action Defendants filed their reply on October 5, 2023. At this time, the Company cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome or loss, if any, with respect to this matter. The Company believes the claims alleged in both lawsuits are without merit and intends to vigorously defend these litigations. DISH Technologies, LLC, et al. v. fuboTV Media Inc., No. 1:23-cv-00986 (D. Del) On September 6, 2023, DISH Technologies L.L.C. and Sling TV L.L.C. (collectively, “DISH”) filed a complaint in the District of Delaware alleging that fuboTV Media Inc. (“fuboTV Media”) infringes certain of DISH's patents by streaming video through a fuboTV Media application and seeking damages and injunctive relief. On December 14, 2023, following a series of stipulated extensions, fuboTV Media filed a motion to dismiss the complaint asserting that DISH’s patents are invalid. Briefing on the motion is complete and a hearing is currently scheduled for March 25, 2024. At this time, the Company cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome or loss, if any, with respect to this matter. The Company believes it has meritorious defenses and intends to defend itself vigorously in this matter. Fubo Gaming Dissolution Following the dissolution of Fubo Gaming in October 2022, the Company has received communications from several commercial partners of Fubo Gaming, alleging breach by Fubo Gaming of applicable agreements. Certain of these parties have also asserted that the Company is a guarantor of Fubo Gaming’s obligations under the applicable agreements. On May 2, 2023, one such party (comprising two related plaintiff entities, Dynamo Stadium, LLC and Dynamo Soccer, LLC (together, “Dynamo”)) filed Demands for Arbitration with the American Arbitration Association ("AAA") against Fubo Gaming, alleging breaches by Fubo Gaming of a sports betting agreement and a sponsorship agreement, as well as against the Company for alleged guaranty obligations under the sports betting agreement. Dynamo is seeking monetary damages and costs. On February 5, 2024, the AAA dismissed the arbitration relating to the sponsorship agreement, and, on February 27, 2024, the AAA dismissed without prejudice the arbitration relating to the sports betting agreement. Additional allegations or litigation may arise against Fubo Gaming or the Company in the future related to the dissolution of Fubo Gaming, including potential breach of contract claims by other commercial partners of Fubo Gaming or claims seeking to hold the Company responsible for Fubo Gaming’s contractual obligations (on contractual guaranty and other bases). At this time, the Company cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome or loss, if any, with respect to any such matters, including the Dynamo matter. The Company believes it has meritorious defenses and intends to defend itself vigorously in any such matters. FuboTV Inc. and FuboTV Media Inc. vs. The Walt Disney Company, ESPN, Inc., ESPN Enterprises, Inc., Hulu, LLC, Fox Corporation, and Warner Brothers Discovery, Inc. On February 20, 2024, the Company filed a lawsuit in the U.S. District Court for the Southern District of New York asserting federal and state antitrust claims against The Walt Disney Company (“Disney”), ESPN, Inc. and ESPN Enterprises, Inc. (collectively, “ESPN”), Hulu, LLC (“Hulu”), Fox Corporation (“Fox”), and Warner Brothers Discovery, Inc. (“WBD”). The Company's complaint asserts four major categories of claims. First, the complaint alleges that the announced joint venture between Disney, WBD, and Fox is unlawful under Section 7 of the Clayton Act and Section 1 of the Sherman Act. Second, the complaint alleges that “bundling” requirements imposed by Disney, ESPN and Fox constitute unlawful tying and block-booking arrangements under Section 1 of the Sherman Act. Third, the complaint alleges that the Defendants’ use of “most-favored-nation” clauses in their carriage agreements, in combination with other anticompetitive terms, violates Section 1 of the Sherman Act. Fourth, the complaint alleges that all of this conduct violates New York’s Donnelly Act, N.Y. Gen. Bus. Law § 340, for the same reasons it violates federal antitrust law. The Company’s complaint seeks injunctive relief to stop the proposed joint venture and other practices described above, damages for harm already suffered because of those practices, and other relief. At this time, the Company cannot predict the outcome, or provide a reasonable estimate or range of estimates of the possible outcome, if any. However, the Company believes it has meritorious claims and will continue to pursue its rights vigorously in this matter.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On December 29, 2023, the Company entered into a privately negotiated exchange agreement with certain affiliates and related funds of Mudrick Capital Management, L.P., which were holders of its existing 2026 Convertible Notes, to exchange $205.8 million principal amount of the 2026 Convertible Notes for $177.5 million in aggregate principal amount of the Company’s new convertible senior secured notes due 2029 (the “2029 Notes”), subject to customary closing conditions. The exchange closed on January 2, 2024, when the 2029 Notes were issued pursuant to, and are governed by, an indenture, dated as of January 2, 2024, among the Company, the guarantors identified therein and U.S. Bank Trust Company, National Association, as trustee and collateral agent. At our election for any interest period, the 2029 Notes will bear interest at a rate of (i) 7.50% per annum on the principal amount thereof if interest is paid in cash and (ii) 10.00% per annum on the principal amount thereof if interest is paid in kind, in each case payable semi-annually in arrears on February 15 and August 15 of each year, beginning on February 15, 2024. The 2029 Notes will mature on February 15, 2029, unless earlier converted or repurchased. The initial conversion rate of the 2029 Notes is 260.6474 shares of common stock per $1,000 principal amount of 2029 Notes, which represents an initial conversion price of approximately $3.8366 per share of common stock. Holders may convert their 2029 Notes at their option in the following circumstances: ◦ during any calendar quarter commencing after the calendar quarter ending on March 31, 2024 (and only during such calendar quarter), if the last reported sale price per share of common stock is greater than or equal to 130% of the conversion price for each of at least 20 trading days, whether or not consecutive, during the 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter; ◦ during the five five five ◦ upon the occurrence of certain corporate events or distributions on the Company’s common stock, as provided in the Indenture; and ◦ on or after November 15, 2028 until the close of business on the second scheduled trading day immediately before the Maturity Date. The Company may cause all outstanding 2029 Notes to be automatically converted, subject to certain conditions, if, at any time on or after January 2, 2025, the last reported sale price of the Company’s common stock has been at least 200% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period, the last of which 20 trading days is no more than 10 trading days before the date that the Company provides the notice of forced conversion.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net loss attributable to common shareholders	$ (287,454)	$ (561,477)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation and Basis of Presentation The Company’s consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP” or “U.S. GAAP”). The Company’s consolidated financial statements include the accounts of the Company and the accounts of the Company’s wholly-owned subsidiaries, its non-wholly owned subsidiaries where the Company has a controlling interest and variable interest entities ("VIE") formed in connection with the Company's collaboration with Maximum Effort on the launch and distribution of the Maximum Effort Channel, and production and development of original programming (the "MEC Entities"). Generally accepted accounting principles require that if an entity is the primary beneficiary of a VIE, the entity should consolidate the assets, liabilities and results of operations of the VIE in its consolidated financial statements. The primary beneficiary is the party that has both of the following: (i) the power to direct the activities that most significantly impact the economic performance of the VIE, and (ii) the obligation to absorb the losses or rights to receive the benefits of the entity that could potentially be significant to the VIE. The Company considers itself to be the primary beneficiary of the MEC Entities and accordingly, has consolidated these entities since their formation in 2023, with the equity interests of the unaffiliated investors presented as non-controlling interests in the accompanying consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations only (see Note 4 for information on discontinued operations).
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management bases its estimates on historical experience and on various other assumptions it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates. Those estimates and assumptions include allocating the fair value of purchase consideration to assets acquired and liabilities assumed in business acquisitions, useful lives of property and equipment and intangible assets, recoverability of goodwill and intangible assets, accruals for contingent liabilities, equity instruments issued in share-based payment arrangements, and accounting for income taxes, including the valuation allowance on deferred tax assets.
Segment Reporting Unit Information	Segment and Reporting Unit Information Operating segments are defined as components of an entity for which discrete financial information is available that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is determined to be the CODM. As discussed in Note 1, the Company ceased operations of Fubo Sportsbook in connection with the dissolution of Fubo Gaming in October 2022. Consequently, the wagering reportable segment has been eliminated. Subsequent to the dissolution of Fubo Gaming, the CODM reviews financial information and makes resource allocation decisions at the consolidated group level. The Company has one operating segment as of December 31, 2023, the streaming business.
Cash, Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash The Company considers all highly liquid investments with remaining maturities at the date of purchase of three months or less to be cash equivalents, including balances held in the Company’s money market accounts. Restricted cash primarily represents cash on deposit with financial institutions in support of a letter of credit outstanding in favor of the Company’s landlord for office space. The restricted cash balance has been excluded from the cash balance and is classified as restricted cash on the consolidated balance sheets.
Certain Risks and Concentrations	Certain Risks and Concentrations Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of demand deposits and accounts receivable. The Company maintains cash deposits with financial institutions that at times exceed applicable insurance limits. The majority of the Company’s software and computer systems utilize data processing, storage capabilities and other services provided by Google Cloud Platform and Amazon Web Services, which cannot be easily switched to another cloud service provider. As such, any disruption of the Company’s interference with Google Cloud Platform and Amazon Web Services could adversely impact the Company’s operations and business.
Fair Value Estimates	Fair Value Estimates The carrying amounts of the Company’s financial assets and liabilities, such as cash, other assets, accounts payable and accrued payroll, approximate their fair values because of the short maturity of these instruments. The carrying amounts of notes payable and long-term borrowings approximate their fair values due to the short-term maturity and the fact that the effective interest rates on these obligations are comparable to market interest rates for instruments of similar credit risk.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company accounts for financial instruments under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 820, Fair Value Measurements. This statement defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements, ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows: Level 1 — quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2 — observable inputs other than Level 1, quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, and model-derived prices whose inputs are observable or whose significant value drivers are observable; and Level 3 — assets and liabilities whose significant value drivers are unobservable.
Accounts Receivable, net	Accounts Receivable, net The Company records accounts receivable at the invoiced amount less an allowance for any potentially uncollectible accounts. The Company’s accounts receivable balance consists of amounts due from the sale of advertisements and subscription revenue. In evaluating our ability to collect outstanding receivable balances, we consider many factors, including the age of the balance, collection history, and current economic trends. Bad debts are written off after all collection efforts have ceased. Based on the Company’s current and historical collection experience, management concluded that an allowance for credit losses was not necessary as of December 31, 2023 and 2022.
Property, Plant and Equipment, Net	Property and Equipment, Net Property and equipment is stated at cost, net of accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are depreciated over the shorter of the lease term or the estimated useful life of the assets. When assets are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in the consolidated statements of operations and comprehensive loss in the period realized. Maintenance and repairs are expensed as incurred.
Licensed Content	Licensed Content The Company entered into various license agreements to obtain rights to certain live sports events. Costs incurred in acquiring certain rights to live sporting events are accounted for in accordance with ASC 920, Entertainment—Broadcasters (“ASC 920”). These program rights are recorded in subscriber related expenses in a manner consistent with how it expects to monetize the licensed content, which is primarily based on subscription revenue. Cash flows for licensed content are presented within operating activities in the consolidated statements of cash flows.
Impairment or Disposal of Long-Lived Assets	Impairment Testing of Long-Lived Assets The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate that their net book value may not be recoverable. When such factors and circumstances exist, the Company compares the projected undiscounted future cash flows associated with the related asset or group of assets over their estimated useful lives against their respective carrying amount. Impairment, if any, is based on the excess of the carrying amount over the fair value, based on market value when available, or discounted expected cash flows, of those assets and is recorded in the period in which the determination is made. In August 2022, the Company initiated a strategic review of Fubo Sportsbook, and in October 2022 ceased operations of Fubo Sportsbook in connection with the dissolution of Fubo Gaming.
Exit and Disposal Costs	Exit and Disposal Costs The Company accounts for exit or disposal activities, including termination of a line of business or restructuring, in accordance with ASC 420 , Exit or Disposal Cost Obligations. The Company defines a business restructuring as an exit or disposal activity that includes but is not limited to a program which is planned and controlled by management and materially changes either the scope of a business or the manner in which that business is conducted. Under ASC 420
Goodwill	Goodwill The Company tests goodwill for impairment at the reporting unit level on an annual basis on October 1 for each fiscal year or more frequently if events or changes in circumstances indicate that the carrying amount of goodwill may not be recoverable. The Company assesses qualitative factors to determine whether it is more likely than not that the fair value of a single reporting unit is less than its carrying amount under Accounting Standards Update (“ASU”) No. 2017-04, Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment, issued by the FASB. If it is determined that the fair value is less than its carrying amount, the excess of the goodwill carrying amount over the implied fair value is recognized as an impairment loss.
Intangible Assets	Intangible Assets, net The Company’s intangible assets represent definite lived intangible assets, which are being amortized on a straight-line basis over their estimated useful lives as follows: Customer relationships 2 years Trade names 2-9 years Capitalized internal use software 3 years Software and technology 3-9 years We capitalize qualifying development costs associated with software that is developed or obtained for internal use, provided that management with the relevant authority authorizes and commits to the funding of the project, it is probable the project will be completed and the software will be used to perform the function intended. Capitalized costs, including costs incurred for enhancements that are expected to result in additional significant functionality are capitalized and amortized on a straight-line basis over the estimated useful life, which approximates three years. Costs related to preliminary project activities and post-implementation operation activities, including training and maintenance, are expensed as incurred.
Non-Controlling Interest	Non-Controlling Interest Non-controlling interest as of December 31, 2023 and 2022 represents Pulse Evolution Corp. shareholders who retained an aggregate 23.4% interest in that entity following the Company's acquisition of Evolution AI Corporation, and Maximum Effort Productions, LLC and MEP FTV Holdings, LLC 50.0% interest in the MEC Entities. Non-controlling interest is adjusted for the non-controlling interest holders’ proportionate share of the earnings or losses even if loss allocations result in a deficit non-controlling interest balance.
Leases	Leases The Company accounts for its leases under ASC 842, Leases. Under this guidance, arrangements meeting the definition of a lease are classified as operating or financing leases and are recorded on the consolidated balance sheets as both a right-of-use asset and lease liability, calculated by discounting fixed lease payments over the lease term at the rate implicit in the lease or the Company’s incremental borrowing rate. Lease liabilities are increased by interest and reduced by payments each period, and the right-of-use asset is amortized over the lease term. For operating leases, interest on the lease liability and the amortization of the right-of-use asset result in straight-line rent expense over the lease term. In calculating the right-of-use asset and lease liability, the Company elects to combine lease and non-lease components. The Company excludes short-term leases having initial terms of 12 months or less, if any, from the new guidance as an accounting policy election, and recognizes rent expense on a straight-line basis over the lease term.
Revenue from Contract with Customer	Revenue From Contracts With Customers The Company recognizes revenue from contracts with customers under ASC 606, Revenue from Contracts with Customers (the “revenue standard”). The core principle of the revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. A good or service is transferred to a customer when, or as, the customer obtains control of that good or service. The following five steps are applied to achieve that core principle: • Step 1: Identify the contract with the customer • Step 2: Identify the performance obligations in the contract • Step 3: Determine the transaction price • Step 4: Allocate the transaction price to the performance obligations in the contract • Step 5: Recognize revenue when the company satisfies a performance obligation In 2023, the Company generated revenue from the following sources: 1. Subscriptions – The Company sells various subscription plans through its website and third-party app stores. These subscription plans provide different levels of streamed content and functionality depending on the plan selected. Subscription fees are fixed and paid in advance by credit card primarily on a monthly basis. A subscription customer executes a contract by agreeing to the Company’s terms of service. The Company considers the subscription contract legally enforceable once the customer has accepted terms of service and the Company has received credit card authorization from the customer’s credit card company. The terms of service allow customers to terminate the subscription at any time, however, in the event of termination, no prepaid subscription fees are refundable. The Company recognizes revenue when it satisfies a performance obligation by transferring control of the promised services to the customers, which is ratably over the subscription period. Upon the customer agreeing to the Company’s terms and conditions and authorization of the credit card, the customer simultaneously receives and consumes the benefits of the streamed content ratably throughout the term of the contract. Subscription services sold through third-party app stores are recorded gross in revenue with fees to the third-party app stores recorded in subscriber related expenses in the consolidated statement of operations and comprehensive loss. Management concluded that the customers are the end user of the subscription services sold by these third-party app stores. 2. Advertising – The Company executes agreements with advertisers that want to display ads (“impressions”) within the streamed content. The Company enters into individual insertion orders (“IOs”) with advertisers, which specify the term of each ad campaign, the number of impressions to be delivered and the applicable rate to be charged. The Company invoices advertisers monthly for impressions actually delivered during the period. Each executed IO provides the terms and conditions agreed to in respect of each party’s obligations. The Company recognizes revenue at a point in time when it satisfies a performance obligation by transferring control of the promised services to the advertiser, which generally is when the advertisement has been displayed. 3. Other revenue – Other revenue consists of distribution fees and commissions earned on sales through a channel distribution platform. The Company recognizes revenue at a point in time when it satisfies a performance obligation by transferring control of the promised services to the customers.
Subscriber Related Expenses	Subscriber Related Expenses
Broadcasting and Transmission	Broadcasting and Transmission Broadcasting and transmission expenses are charged to operations as incurred and consist primarily of the cost to acquire a signal, transcode, store, and retransmit it to the subscriber.
Sales and Marketing	Sales and Marketing Sales and marketing expenses consist primarily of payroll and related costs, benefits, rent and utilities, stock-based compensation, agency costs, advertising campaigns and branding initiatives. All sales and marketing costs are expensed as they are incurred. Advertising expense totaled $151.0 million, $133.2 million and $111.9 million for the years ended December 31, 2023, 2022 and 2021, respectively.
Technology and Development	Technology and Development Technology and development expenses are charged to operations as incurred. Technology and development expenses consist primarily of payroll and related costs, benefits, rent and utilities, stock-based compensation, technical services, software expenses, and hosting expenses.
General and Administrative	General and Administrative General and administrative expenses consist primarily of payroll and related costs, benefits, rent and utilities, stock-based compensation, corporate insurance, office expenses, professional fees, as well as travel, meals, and entertainment costs.
Stock-Based Compensation	Stock-Based Compensation The Company accounts for the fair value of restricted stock units using the closing market price of its common stock on the date of the grant. The Company accounts for share-based payment awards exchanged for services at the estimated grant date fair value of the award. Stock options issued under the Company’s long-term incentive plans are granted with an exercise price equal to no less than the market price of the Company’s stock at the date of grant and expire up to ten years from the date of grant. These options generally vest over a four- year The Company estimates the fair value of stock option grants using the Black-Scholes option pricing model and the assumptions used in calculating the fair value of stock-based awards represent management’s best estimates and involve inherent uncertainties and the application of management’s judgment. Expected Term - The expected term of options represents the period that the Company’s stock-based awards are expected to be outstanding based on the simplified method, which is the half-life from vesting to the end of its contractual term. The simplified method was used because the Company does not have sufficient historical exercise data to provide a reasonable basis for an estimate of expected term. Expected Volatility – The Company historically has lacked sufficient company specific historical and implied volatility information. Therefore, it estimates its expected stock volatility based primarily on the historical volatility of a publicly traded set of peer companies with consideration of the volatility of its own traded stock price. Risk-Free Interest Rate - The Company bases the risk-free interest rate on the implied yield available on U. S. Treasury zero-coupon issues with an equivalent remaining term. Expected Dividend - The Company has never declared or paid any cash dividends on its common shares and does not plan to pay cash dividends in the foreseeable future, and, therefore, uses an expected dividend yield of zero in its valuation models. The Company accounts for forfeited awards as they occur.
Income Taxes	Income Taxes The Company accounts for income taxes under the asset and liability method, in which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is required to the extent any deferred tax assets may not be realizable. ASC Topic 740, Income Taxes, (“ASC 740”), also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim period, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s consolidated financial statements. The Company believes that its income tax positions and deductions would be sustained on audit and does not anticipate any adjustments that would result in material changes to its financial position.
Foreign Currency	Foreign Currency The Company’s reporting currency is the U.S. dollar while the functional currencies of non-U.S. subsidiaries is determined based on the primary economic environment in which the subsidiary operates. The financial statements of non-U.S. subsidiaries are translated into United States dollars in accordance with ASC 830, Foreign Currency Matters , using period-end rates of exchange for assets and liabilities, and average rates of exchange for the period for revenues, costs, and expenses and historical rates for equity. Translation adjustments resulting from the process of translating the local currency financial statements into U.S. dollars are included in determining other comprehensive income (loss).
Net Loss Per Share	Net Loss Per Share Basic net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data): Years Ended December 31, 2023 2022 2021 Basic loss per share: Loss from continuing operations $ (293,102) $ (425,045) $ (351,786) Less: net loss attributable to non-controlling interest 463 442 126 Loss from continuing operations available to common shareholders (292,639) (424,603) (351,660) Net income (loss) from discontinued operations, net of tax 5,185 (136,874) (31,177) Net loss attributable to common shareholders $ (287,454) $ (561,477) $ (382,837) Shares used in computation: Weighted-average common shares outstanding 276,282,572 182,472,069 137,498,077 Basic and diluted loss per share from continuing operations $ (1.06) $ (2.33) $ (2.56) Basic and diluted income (loss) per share from discontinued operations $ 0.02 $ (0.75) $ (0.23) Basic and diluted loss per share $ (1.04) $ (3.08) $ (2.78) The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive: December 31, 2023 2022 2021 Warrants to purchase common stock 166,670 166,670 565,544 Stock options 19,028,904 15,517,069 15,908,187 Unvested restricted stock units 22,349,609 14,575,629 4,685,800 Convertible notes variable settlement feature 6,879,543 6,966,078 6,966,078 Total 48,424,726 37,225,446 28,125,609
Recently Issued Accounting Standards	Recently Issued Accounting Standards The Company continually assesses any new accounting pronouncements to determine their applicability. When it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequences of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financial statements properly reflect the change. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU requires disclosures to include significant segment expenses that are regularly provided to the chief operating decision maker, among other provisions. The ASU is effective for fiscal year periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted and the ASU requires retrospective application to all prior periods presented in the financial statements. The Company is currently evaluating the standard to determine the impact of adoption to its consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvement to Income Tax Disclosures to enhance the transparency and decision usefulness of income tax disclosures. The ASU primarily enhances and expands both the income tax rate reconciliation disclosure and the income taxes paid disclosure. The amendments in ASU 2023-09 address investor requests for enhanced income tax information primarily through changes to the rate reconciliation and income taxes paid information. Early adoption is permitted. A public entity should apply the amendments in ASU 2023-09 prospectively to all annual periods beginning after December 15, 2024. The Company is currently evaluating the impact of this standard on our consolidated financial statements and related disclosures.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Restrictions on Cash and Cash Equivalents	The following table provides a reconciliation of cash and cash equivalents and restricted cash within the consolidated balance sheets that sum to the total of the same on the consolidated statement of cash flows (in thousands): December 31, 2023 2022 Cash and cash equivalents $ 245,278 $ 337,087 Restricted cash 6,142 6,139 Total cash and cash equivalents and restricted cash $ 251,420 $ 343,226
Schedule of Intangible Assets Estimated Useful Life	The Company’s intangible assets represent definite lived intangible assets, which are being amortized on a straight-line basis over their estimated useful lives as follows: Customer relationships 2 years Trade names 2-9 years Capitalized internal use software 3 years Software and technology 3-9 years
Schedule of Earnings per Share, Basic and Diluted	The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data): Years Ended December 31, 2023 2022 2021 Basic loss per share: Loss from continuing operations $ (293,102) $ (425,045) $ (351,786) Less: net loss attributable to non-controlling interest 463 442 126 Loss from continuing operations available to common shareholders (292,639) (424,603) (351,660) Net income (loss) from discontinued operations, net of tax 5,185 (136,874) (31,177) Net loss attributable to common shareholders $ (287,454) $ (561,477) $ (382,837) Shares used in computation: Weighted-average common shares outstanding 276,282,572 182,472,069 137,498,077 Basic and diluted loss per share from continuing operations $ (1.06) $ (2.33) $ (2.56) Basic and diluted income (loss) per share from discontinued operations $ 0.02 $ (0.75) $ (0.23) Basic and diluted loss per share $ (1.04) $ (3.08) $ (2.78)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive: December 31, 2023 2022 2021 Warrants to purchase common stock 166,670 166,670 565,544 Stock options 19,028,904 15,517,069 15,908,187 Unvested restricted stock units 22,349,609 14,575,629 4,685,800 Convertible notes variable settlement feature 6,879,543 6,966,078 6,966,078 Total 48,424,726 37,225,446 28,125,609

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table presents the allocation of the purchase price to the net assets acquired, inclusive of intangible assets, with the excess fair value recorded to goodwill (in thousands): Assets acquired: Cash $ 818 Accounts receivable, net 1,752 Prepaid and other current assets 6,273 Property and equipment, net 738 Other non-current assets 2,643 Intangible assets 18,429 Goodwill 127,971 Right-of-use assets 4,566 Total assets acquired 163,190 Liabilities assumed: Accounts payable 15,724 Accrued expenses and other current liabilities 21,628 Deferred revenue 812 Long-term borrowings - current portion 3,662 Lease liabilities 4,566 Total liabilities assumed 46,392 Redeemable non-controlling interest 1,752 Net assets acquired $ 115,046
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The estimated useful lives and fair value of the intangible assets acquired are as follows (in thousands): Estimated Fair Value Customer relationships 2 $ 9,271 Trade name 2 679 Software and technology 6 8,479 Total $ 18,429

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table presents the Company’s revenues disaggregated into categories based on the nature of such revenues (in thousands): Years Ended December 31, 2023 2022 2021 Subscription $ 1,249,579 $ 905,886 $ 564,441 Advertising 115,370 101,739 73,749 Other 3,276 1,071 180 Total revenues $ 1,368,225 $ 1,008,696 $ 638,370
Revenue from External Customers by Geographic Areas	The following tables summarize subscription revenue and advertising revenue by region for the year ended December 31, 2023, 2022 and 2021 (in thousands): Subscription Years Ended December 31, 2023 2022 2021 United States and Canada (North America) $ 1,217,905 $ 882,679 $ 562,991 Rest of world 31,674 23,207 1,450 Total subscription revenues $ 1,249,579 $ 905,886 $ 564,441 Advertising Years Ended December 31, 2023 2022 2021 United States and Canada (North America) $ 114,247 $ 100,605 $ 73,538 Rest of world 1,123 1,134 211 Total advertising revenues $ 115,370 $ 101,739 $ 73,749

Property and equipment, net (Ta

Property and equipment, net (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and equipment, net, is comprised of the following (in thousands): December 31, Useful Lives 2023 2022 Furniture and fixtures 7 $ 532 $ 441 Computer equipment 3 - 5 3,949 2,922 Leasehold improvements Term of lease 5,302 5,136 9,783 8,499 Less: Accumulated depreciation (4,948) (3,524) Total property and equipment, net $ 4,835 $ 4,975

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	Net income (loss) from Fubo Gaming's discontinued operations consists of the following for the years ended December 31, 2023 and 2022 (in thousands): Years Ended December 31, 2023 2022 2021 Revenues Wagering $ — $ (759) $ (20) Total revenues — (759) (20) Operating expenses Sales and marketing (59) 9,976 6,667 Technology and development 17 9,220 5,095 General and administrative 1,370 28,481 19,146 Depreciation and amortization 158 433 215 Gain on extinguishment and remeasurement of certain liabilities (6,671) — — Impairment of goodwill, intangible assets, and other long-lived assets, net — 87,365 — Total operating expenses (5,185) 135,475 31,123 Operating income (loss) 5,185 (136,234) (31,143) Other income (expense) Interest expense — (598) — Other income (expense) — (42) (34) Total other expense — (640) (34) Net income (loss) from discontinued operations before income taxes 5,185 (136,874) (31,177) Income tax benefit — — — Net income (loss) from discontinued operations $ 5,185 $ (136,874) $ (31,177) The carrying amounts of the major classes of assets and liabilities classified as discontinued operations as of December 31, 2023 and 2022 are as follows (in thousands): December 31, 2023 2022 ASSETS Current assets Cash and cash equivalents $ 462 $ 3,277 Prepaid and other current assets — 1,366 Total assets - discontinued operations $ 462 $ 4,643 LIABILITIES Current liabilities Accounts payable $ 2,195 $ 4,347 Accrued expenses and other current liabilities 17,413 25,787 Lease liabilities — 2,447 Total liabilities - discontinued operations $ 19,608 $ 32,581

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The table below summarizes the Company’s intangible assets at December 31, 2023 and 2022 (in thousands): Useful Lives Weighted Average Remaining December 31, 2023 Intangible Assets Accumulated Amortization Net Balance Customer relationships 2 — $ 32,729 $ (32,729) $ — Trade names 2-9 5.2 38,859 (16,578) 22,281 Capitalized internal use software 3 2.3 25,770 (5,893) 19,877 Software and technology 3-9 5.1 196,136 (79,846) 116,290 Total $ 293,494 $ (135,046) $ 158,448 Useful Lives Weighted Average Remaining December 31, 2022 Intangible Assets Accumulated Amortization Net Balance Customer relationships 2 1.2 $ 32,433 $ (28,421) $ 4,012 Trade names 2-9 6.1 38,837 (12,018) 26,819 Capitalized internal use software 3 2.4 8,487 (1,757) 6,730 Software and technology 3-9 6.1 191,735 (57,464) 134,271 Total $ 271,492 $ (99,660) $ 171,832
Finite-lived Intangible Assets Amortization Expense	The estimated future amortization expense associated with intangible assets is as follows (in thousands): Future Amortization 2024 35,478 2025 33,661 2026 31,277 2027 26,823 2028 25,100 Thereafter 6,109 Total $ 158,448
Schedule of Goodwill	The following table is a summary of the changes to goodwill for the years ended December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Beginning balance $ 618,506 $ 619,587 Molotov acquisition — (497) Foreign currency translation adjustment 4,312 (584) Ending balance $ 622,818 $ 618,506
Fair Value Measurement Inputs and Valuation Techniques	Significant inputs into the valuation models included the control premium, discount rate, and revenue market multiples as follows: December 31, 2022 Control premium 35% Discount rate 31% Revenue multiples 0.34x - 0.52x

Accounts Payable, Accrued Exp_2

Accounts Payable, Accrued Expenses and Other Long-Term Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities	Accounts payable, accrued expenses and other long-term liabilities are presented below (in thousands): December 31, 2023 2022 Affiliate fees $ 266,089 $ 218,367 Broadcasting and transmission 13,097 15,732 Selling and marketing 33,925 26,907 Accrued compensation 13,218 9,838 Legal and professional fees 3,672 3,712 Sales tax 42,590 37,934 Accrued interest 4,671 4,773 Subscriber related 1,624 3,101 Shares settled liability 5,131 2,860 Other 11,970 9,708 Total $ 395,987 $ 332,932

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The loss before income taxes on continuing operations includes the following components (in thousands): For the Years Ended December 31, 2023 2022 2021 United States $ 283,988 $ 399,941 $ 346,244 International 9,993 26,770 8,223 Loss before income taxes $ 293,981 $ 426,711 $ 354,467
Schedule of Components of Income Tax Expense (Benefit)	The benefit of income taxes on continuing operations for the years ended December 31, 2023, 2022 and 2021 consist of the following (in thousands): December 31, 2023 2022 2021 U.S. Federal Current $ — $ — $ — Deferred 620 1,351 2,082 State and local Current (116) — — Deferred 145 315 599 Foreign Current — — — Deferred 230 — — Income tax benefit $ 879 $ 1,666 $ 2,681
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the statutory federal rate on continuing operations to the Company’s effective tax rate on continuing operations is as follows: December 31, 2023 2022 2021 Federal rate 21.00 % 21.00 % 21.00 % State income taxes, net of federal benefit 2.57 0.07 0.17 Other nontaxable of nondeductible items (0.05) — — Stock-based compensation (1.33) (0.67) (2.25) Change in fair value of derivative, warrant liability, and gain on extinguishment of convertible notes — (0.08) 0.16 Amortization of debt discount — (0.67) — Foreign rate differential 0.14 0.34 0.13 Effect of changes in tax laws or rates enacted in the current period (0.83) — — Change in valuation allowance (21.73) (18.94) (18.99) Other 0.53 (0.66) 0.54 Income tax benefit 0.30 % 0.39 % 0.76 %
Schedule of Deferred Tax Assets and Liabilities	The components of our deferred tax assets are as follows (in thousands): December 31, 2023 2022 Deferred tax assets: Net operating losses $ 366,837 $ 324,256 Accruals and deferrals 15,115 11,032 Stock-based compensation 16,235 10,225 Interest expense limitation 14,860 13,959 Leasing assets 9,375 9,125 Other 30 49 Total deferred tax assets 422,452 368,646 Less: Valuation allowance (385,461) (322,989) Net deferred tax assets $ 36,991 $ 45,657 Deferred tax liabilities: Intangible assets $ 29,073 $ 38,929 Property and equipment 7,688 7,391 Deferred state income tax — 102 Total deferred tax liabilities $ 36,761 $ 46,422 Net deferred tax assets (liabilities) $ 230 $ (765)

Notes Payable, Long-Term Borr_2

Notes Payable, Long-Term Borrowing, and Convertible Notes (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Payable Long-term Borrowing And Convertible Notes
Schedule of Debt	Notes payable, long-term borrowings, and convertible notes as of December 31, 2023 and 2022 consist of the following (in thousands): Note Stated Interest Rate Principal Balance Capitalized Interest Debt Discount December 31, 2023 2026 Convertible Notes 3.25 % $ 397,500 $ — $ (5,752) $ 391,748 Note payable 10.0 % 2,700 3,585 — 6,285 BPi France 2.25 % 1,612 — — 1,612 Other 4.0 % 30 8 — 38 $ 401,842 $ 3,593 $ (5,752) $ 399,683 Note Stated Interest Rate Principal Balance Capitalized Interest Debt Discount December 31, 2022 2026 Convertible Notes 3.25 % $ 402,500 $ — $ (8,406) $ 394,094 Note payable 10.0 % 2,700 2,950 — 5,650 BPi France 2.25 % 1,986 — — 1,986 Other 4.0 % 30 7 — 37 $ 407,216 $ 2,957 $ (8,406) $ 401,767

Segments and Geographic Infor_2

Segments and Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables set forth our financial performance by geographical location (in thousands): Total long-lived assets and rights-of-use assets December 31, 2023 2022 United States 190,113 197,673 Rest of world 8,995 15,022 Total revenue December 31, 2023 2022 2021 United States $ 1,309,438 $ 972,220 $ 634,065 Rest of world 58,787 36,476 4,305 Total revenue $ 1,368,225 $ 1,008,696 $ 638,370

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table classifies the Company’s assets and liabilities measured at fair value on a recurring basis into the fair value hierarchy as of December 31, 2023 and 2022 (in thousands): Fair valued measured at December 31, 2023 Quoted prices in active markets Significant other observable inputs Significant unobservable inputs Total Financial assets at fair value: Cash and cash equivalents Money market securities $ 205,074 $ — $ — $ 205,074 Total financial assets at fair value $ 205,074 $ — $ — $ 205,074 Fair valued measured at December 31, 2022 Quoted prices in active markets Significant other observable inputs Significant unobservable inputs Total Financial assets at fair value: Cash and cash equivalents Money market securities $ 50,010 $ — $ — $ 50,010 Total financial assets at fair value $ 50,010 $ — $ — $ 50,010
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents changes in Level 3 liabilities measured at fair value (in thousands) for the years ended December 31, 2022 and 2021. Unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. Warrant liabilities Fair value at December 31, 2020 $ 22,686 Change in fair value (2,659) Redemption (16,479) Fair value at December 31, 2021 3,548 Change in fair value 1,701 Redemption (5,249) Fair value at December 31, 2022 — There were no warrant liabilities outstanding as of December 31, 2023 and 2022.

Shareholders_ Equity (Tables)

Shareholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Stockholders' Equity Note, Warrants or Rights	A summary of the Company’s outstanding warrants as of December 31, 2023, are presented below (in thousands, except share and per share amounts): Number of Warrants Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 166,670 $ 17.40 $ — 9.6 Outstanding as of December 31, 2023 166,670 $ 17.40 $ — 8.6
Share-based Payment Arrangement, Expensed and Capitalized, Amount	During the years ended December 31, 2023, 2022 and 2021 the Company recognized stock-based compensation expense as follows (in thousands): Years Ended December 31, 2023 2022 2021 Subscriber related $ 211 $ 144 $ 71 Sales and marketing 22,886 22,198 7,818 Technology and development 12,024 9,998 13,752 General and administrative 16,094 20,114 31,509 $ 51,215 $ 52,454 $ 53,150
Share-based Payment Arrangement, Activity	A summary of stock option activity for the year ended December 31, 2023, is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 10,243,772 $ 6.43 $ 1,956 6.0 Granted 636,298 $ 2.02 Exercised (339,842) $ 1.10 Forfeited or expired (64,621) $ 10.67 Outstanding as of December 31, 2023 10,475,607 $ 6.31 $ 6,534 5.3 Options vested and exercisable as of December 31, 2023 9,172,874 $ 6.48 $ 5,796 5.4 A summary of activity under the Plan for market and service-based stock options for the year ended December 31, 2023 is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 4,453,297 $ 12.75 $ — 4.7 Outstanding as of December 31, 2023 4,453,297 $ 12.75 $ — 3.7 Options vested and exercisable as of December 31, 2023 3,994,964 $ 11.96 $ — 3.6
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The Company estimated the fair value of the warrants granted during the year ended December 31, 2022 using the Monte Carlo valuation model as follows: Dividend yield — Expected price volatility 107.0% Risk free interest rate 2.8% Expected term (years) 10.0 The following was used in determining the fair value of stock options granted during the year ended December 31, 2023: Dividend yield — % Expected price volatility 49.8 % Risk free interest rate 3.9 % Expected term (years) 6.0
Schedule of Nonvested Restricted Stock Units Activity	A summary of the Company’s time-based restricted stock unit activity during the year ended December 31, 2023 is as follows: Number of Shares Weighted Average Grant-Date Fair Value Unvested at December 31, 2022 13,055,629 $ 5.25 Granted 13,912,089 $ 2.99 Vested (3,397,642) $ 5.82 Forfeited (3,256,301) $ 3.72 Unvested at December 31, 2023 20,313,775 $ 3.85 A summary of the Company’s performance-based restricted stock unit activity during the year ended December 31, 2023 is as follows: Number of Shares Weighted Average Grant-Date Fair Value Unvested at December 31, 2022 1,520,000 $ 33.87 Granted 895,834 $ 2.87 Vested (286,667) $ 33.87 Forfeited (93,333) $ 33.87 Unvested at December 31, 2023 2,035,834 $ 20.23

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Expensed and Capitalized, Amount	During the years ended December 31, 2023, 2022 and 2021 the Company recognized stock-based compensation expense as follows (in thousands): Years Ended December 31, 2023 2022 2021 Subscriber related $ 211 $ 144 $ 71 Sales and marketing 22,886 22,198 7,818 Technology and development 12,024 9,998 13,752 General and administrative 16,094 20,114 31,509 $ 51,215 $ 52,454 $ 53,150
Share-based Payment Arrangement, Activity	A summary of stock option activity for the year ended December 31, 2023, is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 10,243,772 $ 6.43 $ 1,956 6.0 Granted 636,298 $ 2.02 Exercised (339,842) $ 1.10 Forfeited or expired (64,621) $ 10.67 Outstanding as of December 31, 2023 10,475,607 $ 6.31 $ 6,534 5.3 Options vested and exercisable as of December 31, 2023 9,172,874 $ 6.48 $ 5,796 5.4 A summary of activity under the Plan for market and service-based stock options for the year ended December 31, 2023 is as follows (in thousands, except share and per share amounts): Number of Shares Weighted Average Exercise Price Total Intrinsic Value Weighted Average Remaining Contractual Life Outstanding as of December 31, 2022 4,453,297 $ 12.75 $ — 4.7 Outstanding as of December 31, 2023 4,453,297 $ 12.75 $ — 3.7 Options vested and exercisable as of December 31, 2023 3,994,964 $ 11.96 $ — 3.6
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The Company estimated the fair value of the warrants granted during the year ended December 31, 2022 using the Monte Carlo valuation model as follows: Dividend yield — Expected price volatility 107.0% Risk free interest rate 2.8% Expected term (years) 10.0 The following was used in determining the fair value of stock options granted during the year ended December 31, 2023: Dividend yield — % Expected price volatility 49.8 % Risk free interest rate 3.9 % Expected term (years) 6.0
Schedule of Nonvested Restricted Stock Units Activity	A summary of the Company’s time-based restricted stock unit activity during the year ended December 31, 2023 is as follows: Number of Shares Weighted Average Grant-Date Fair Value Unvested at December 31, 2022 13,055,629 $ 5.25 Granted 13,912,089 $ 2.99 Vested (3,397,642) $ 5.82 Forfeited (3,256,301) $ 3.72 Unvested at December 31, 2023 20,313,775 $ 3.85 A summary of the Company’s performance-based restricted stock unit activity during the year ended December 31, 2023 is as follows: Number of Shares Weighted Average Grant-Date Fair Value Unvested at December 31, 2022 1,520,000 $ 33.87 Granted 895,834 $ 2.87 Vested (286,667) $ 33.87 Forfeited (93,333) $ 33.87 Unvested at December 31, 2023 2,035,834 $ 20.23

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Lease, Cost	The components of lease expense were as follows (in thousands): Years Ended December 31, 2023 2022 2021 Operating leases Operating lease cost $ 6,513 $ 5,711 $ 1,387 Other lease cost 256 239 287 Operating lease expense 6,769 5,950 1,674 Short-term lease rent expense 132 167 — Total rent expense $ 6,901 $ 6,117 $ 1,674
Schedule of Cash Flow, Supplemental Disclosures	Supplemental cash flow information related to leases were as follows (amounts in thousands): Years Ended December 31, 2023 2022 2021 Operating cash flows from operating leases $5,939 $1,421 $553 Right of use assets exchanged for operating lease liabilities $3,062 $4,312 $30,968 Weighted average remaining lease term - operating leases 9.9 years 11.3 years 13.0 years Weighted average remaining discount rate - operating leases 7.8% 7.4% 7.6%
Lessee, Operating Lease, Liability, Maturity	Maturities of the Company’s operating leases from continuing operations, are as follows (in thousands): Year Ended December 31, 2024 $ 8,362 Year Ended December 31, 2025 7,764 Year Ended December 31, 2026 5,991 Year Ended December 31, 2027 4,831 Year Ended December 31, 2028 4,403 Thereafter 31,737 Total 63,088 Less present value discount (19,754) Operating lease liabilities $ 43,334 Annual Sponsorship Agreements Year Ended December 31, 2024 $ 3,225 Year Ended December 31, 2025 3,275 Year Ended December 31, 2026 3,325 Year Ended December 31, 2027 3,425 Year Ended December 31, 2028 3,525 Thereafter 12,725 Total $ 29,500 Future payments under these agreements are as follows: Year Ended December 31, 2024 $ 26,065 Year Ended December 31, 2025 13,748 Year Ended December 31, 2026 13,748 Year Ended December 31, 2027 13,748 Year Ended December 31, 2028 4,583 Total $ 71,892

Liquidity, Going Concern and _2

Liquidity, Going Concern and Management Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Cash, cash equivalents, restricted cash and restricted cash equivalents, including disposal group and discontinued operations	$ 251,420	$ 343,226	$ 376,080	$ 136,221
Working capital deficit	(111,400)
Accumulated deficit	(1,845,542)	(1,558,088)
Net loss from continuing operations	(293,102)	$ (425,045)	$ (351,786)
Sales Agreement
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Proceeds from issuance of common stock	116,900
Deduction of commission and expenses	$ 2,800
Issuance of common stock for cash (in shares)	81,694,729
Weighted average gross sale price per share (in dollars per share)	$ 1.46

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Cash and cash equivalents	$ 245,278	$ 337,087
Restricted cash	6,142	6,139
Total cash and cash equivalents and restricted cash	$ 251,420	$ 343,226	$ 376,080	$ 136,221

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Intangible Assets Estimated Useful Life (Details)	Dec. 31, 2023	Dec. 31, 2022
Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	9 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	2 years
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	2 years	2 years
Trade names
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	3 years	3 years
Trade names | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	2 years	2 years
Trade names | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	9 years	9 years
Capitalized internal use software
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	3 years
Software and technology | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	3 years	3 years
Software and technology | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (in Years)	9 years	9 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Calculation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Basic loss per share:
Loss from continuing operations	$ (293,102)	$ (425,045)	$ (351,786)
Net loss attributable to non-controlling interest	463	442	126
Loss from continuing operations available to common shareholders	(292,639)	(424,603)	(351,660)
Net income (loss) from discontinued operations, net of tax	5,185	(136,874)	(31,177)
Net loss attributable to common shareholders	$ (287,454)	$ (561,477)	$ (382,837)
Shares used in computation:
Basic (in shares)	276,282,572	182,472,069	137,498,077
Diluted (in shares)	276,282,572	182,472,069	137,498,077
Diluted loss per share from continuing operations (in dollars per share)	$ (1.06)	$ (2.33)	$ (2.56)
Basic loss per share from continuing operations (in dollars per share)	(1.06)	(2.33)	(2.56)
Basic loss per share from discontinued operations (in dollars per share)	0.02	(0.75)	(0.23)
Diluted loss per share from discontinued operations (in dollars per share)	0.02	(0.75)	(0.23)
Diluted loss per share (in usd per share)	(1.04)	(3.08)	(2.78)
Basic loss per share (in usd per share)	$ (1.04)	$ (3.08)	$ (2.78)

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	48,424,726	37,225,446	28,125,609
Warrants to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	166,670	166,670	565,544
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	19,028,904	15,517,069	15,908,187
Unvested restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	22,349,609	14,575,629	4,685,800
Convertible notes variable settlement feature
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	6,879,543	6,966,078	6,966,078

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) segment	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Assets	$ 1,232,640	$ 1,277,774
Liabilities	$ 948,815	874,444
Number of operating segments | segment	1
Other Asset Impairment Charges	$ 76,700
Subscriber related expenses excluding FSN	1,213,300
Subscriber related expenses excluding FSN	1,213,253	976,415	$ 593,241
Advertising expense	$ 151,000	$ 133,200	$ 111,900
Expiration period	10 years
Award vesting period	4 years
Variable Interest Entity, Primary Beneficiary
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Assets	$ 13,500
Liabilities	$ 3,000
PEC stockholders
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Noncontrolling interest, ownership percentage by noncontrolling owners	23.40%
MEC Entities
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Noncontrolling interest, ownership percentage by noncontrolling owners	50%
Gaming Licenses
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Useful Lives (Years)	3 years

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) $ in Thousands, € in Millions, shares in Millions			12 Months Ended
	Dec. 06, 2021 USD ($) shares	Dec. 06, 2021 EUR (€) shares	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Mar. 31, 2023	Dec. 06, 2021 EUR (€)
Business Acquisition [Line Items]
Payments to acquire businesses, net of cash acquired			$ 0	$ 0	$ 22,894
Operating loss			$ (289,350)	$ (411,857)	(328,277)
Molotov SAS
Business Acquisition [Line Items]
Noncontrolling interest, ownership percentage by parent				1.50%		1.50%
Molotov SAS
Business Acquisition [Line Items]
Business combination, step acquisition, equity interest in acquiree, percentage	98.50%						98.50%
Payments to acquire businesses, gross	$ 115,000	€ 101.7
Cash	$ 16,300						€ 14.4
Issuance of common stock to original owners of Facebank AG (in shares) | shares	5.7	5.7
Business acquisition, equity interest issued or issuable, value assigned	$ 98,800
Revenues					1,400
Operating loss					$ 8,100
Goodwill, purchase accounting adjustments				$ 1,800
Molotov
Business Acquisition [Line Items]
Business combination, acquisition related costs				$ 2,700
Cash	$ 818

Acquisitions - Schedule of Asse

Acquisitions - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 06, 2021
Assets acquired:
Goodwill	$ 622,818	$ 618,506	$ 619,587
Molotov
Assets acquired:
Cash				$ 818
Accounts receivable, net				1,752
Prepaid and other current assets				6,273
Property and equipment, net				738
Other non-current assets				2,643
Intangible assets				18,429
Goodwill				127,971
Right-of-use assets				4,566
Total assets acquired				163,190
Liabilities assumed:
Accounts payable				15,724
Accrued expenses and other current liabilities				21,628
Long-term borrowings - current portion				3,662
Deferred revenue				812
Lease liabilities				4,566
Total liabilities assumed				46,392
Redeemable non-controlling interest				1,752
Net assets acquired				$ 115,046

Acquisitions - Schedule of Esti

Acquisitions - Schedule of Estimated Useful Lives and Fair Value of the Intangible Assets Acquired (Details) - Molotov $ in Thousands	Dec. 06, 2021 USD ($)
Business Acquisition [Line Items]
Fair Value	$ 18,429
Software and technology
Business Acquisition [Line Items]
Estimated Useful Life (in Years)	6 years
Fair Value	$ 8,479
Customer relationships
Business Acquisition [Line Items]
Estimated Useful Life (in Years)	2 years
Fair Value	$ 9,271
Trade names
Business Acquisition [Line Items]
Estimated Useful Life (in Years)	2 years
Fair Value	$ 679

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Schedule of Disaggregated Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues	$ 1,368,225	$ 1,008,696	$ 638,370
Subscription
Disaggregation of Revenue [Line Items]
Total revenues	1,249,579	905,886	564,441
Advertising
Disaggregation of Revenue [Line Items]
Total revenues	115,370	101,739	73,749
Other
Disaggregation of Revenue [Line Items]
Total revenues	$ 3,276	$ 1,071	$ 180

Revenue from Contract with Cust

Revenue from Contract with Customer - Revenue from External Customers by Geographic Areas (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues	$ 1,368,225	$ 1,008,696	$ 638,370
United States
Disaggregation of Revenue [Line Items]
Total revenues	1,309,438	972,220	634,065
Rest of world
Disaggregation of Revenue [Line Items]
Total revenues	58,787	36,476	4,305
Subscription
Disaggregation of Revenue [Line Items]
Total revenues	1,249,579	905,886	564,441
Subscription | United States
Disaggregation of Revenue [Line Items]
Total revenues	1,217,905	882,679	562,991
Subscription | Rest of world
Disaggregation of Revenue [Line Items]
Total revenues	31,674	23,207	1,450
Advertising
Disaggregation of Revenue [Line Items]
Total revenues	115,370	101,739	73,749
Advertising | United States
Disaggregation of Revenue [Line Items]
Total revenues	114,247	100,605	73,538
Advertising | Rest of world
Disaggregation of Revenue [Line Items]
Total revenues	$ 1,123	$ 1,134	$ 211

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Contract liabilities	$ 90.2	$ 65.4

Property and equipment, net - S

Property and equipment, net - Schedule of Property and Equipment, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 9,783	$ 8,499
Less: Accumulated depreciation	(4,948)	(3,524)
Total property and equipment, net	$ 4,835	4,975
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Useful Lives (Years)	7 years
Property, plant and equipment, gross	$ 532	441
Computer equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 3,949	2,922
Computer equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful Lives (Years)	3 years
Computer equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful Lives (Years)	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 5,302	$ 5,136

Property and equipment, net - N

Property and equipment, net - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation	$ 1.5	$ 1.2	$ 0.7

Discontinued Operations - Net L

Discontinued Operations - Net Loss From Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other income (expense)
Net income (loss) from discontinued operations before income taxes	$ 5,185	$ (136,874)	$ (31,177)
Income tax	0	0	0
Discontinued Operations
Other income (expense)
Income tax	0	0	0
Less: Income (Loss) from discontinued operations, net of tax	5,185	(136,874)	(31,177)
Discontinued Operations | Fubo Gaming
Revenues
Total revenues	0	(759)	(20)
Operating expenses
Sales and marketing	(59)	9,976	6,667
Technology and development	17	9,220	5,095
General and administrative	1,370	28,481	19,146
Depreciation and amortization	158	433	215
Gain on extinguishment and remeasurement of certain liabilities	(6,671)	0	0
Impairment of goodwill, intangible assets, and other long-lived assets, net	0	87,365	0
Total operating expenses	(5,185)	135,475	31,123
Operating income (loss)	5,185	(136,234)	(31,143)
Other income (expense)
Interest expense	0	(598)	0
Other income (expense)	0	(42)	(34)
Total other expense	0	(640)	(34)
Net income (loss) from discontinued operations before income taxes	5,185	(136,874)	(31,177)
Discontinued Operations | Wagering | Fubo Gaming
Revenues
Total revenues	$ 0	$ (759)	$ (20)

Discontinued Operations - Narra

Discontinued Operations - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Share-based payment arrangement, expense	$ 51,215	$ 52,454	$ 53,150
Fubo Gaming
Restructuring Cost and Reserve [Line Items]
Impairment of goodwill and intangible assets		87,400
Share-based payment arrangement, expense		15,900	10,600
Disposal group, including discontinued operation, accrued expenses and other current liabilities	17,400	24,700
Fubo Gaming | Discontinued Operations
Restructuring Cost and Reserve [Line Items]
Gain on extinguishment of liabilities	$ 6,671	$ 0	$ 0

Discontinued Operations - Major

Discontinued Operations - Major Classes of Assets and Liabilities Classified as Discontinued Operations (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Assets of discontinued operations	$ 462	$ 4,643
Discontinued Operations | Fubo Gaming
Current assets
Cash and cash equivalents	462	3,277
Prepaid and other current assets	0	1,366
Assets of discontinued operations	462	4,643
Current liabilities
Accounts payable	2,195	4,347
Accrued expenses and other current liabilities	17,413	25,787
Lease liabilities	0	2,447
Liabilities of discontinued operations	$ 19,608	$ 32,581

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible Assets	$ 293,494	$ 271,492
Accumulated Amortization	(135,046)	(99,660)
Net Balance	$ 158,448	$ 171,832
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	9 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	2 years
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	2 years	2 years
Weighted Average Remaining Life (Years)		1 year 2 months 12 days
Intangible Assets	$ 32,729	$ 32,433
Accumulated Amortization	(32,729)	(28,421)
Net Balance	$ 0	$ 4,012
Trade names
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	3 years	3 years
Weighted Average Remaining Life (Years)	5 years 2 months 12 days	6 years 1 month 6 days
Intangible Assets	$ 38,859	$ 38,837
Accumulated Amortization	(16,578)	(12,018)
Net Balance	$ 22,281	$ 26,819
Trade names | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	2 years	2 years
Trade names | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	9 years	9 years
Capitalized internal use software
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	3 years
Weighted Average Remaining Life (Years)	2 years 3 months 18 days	2 years 4 months 24 days
Intangible Assets	$ 25,770	$ 8,487
Accumulated Amortization	(5,893)	(1,757)
Net Balance	$ 19,877	$ 6,730
Software and technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (Years)	5 years 1 month 6 days	6 years 1 month 6 days
Intangible Assets	$ 196,136	$ 191,735
Accumulated Amortization	(79,846)	(57,464)
Net Balance	$ 116,290	$ 134,271
Software and technology | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	3 years	3 years
Software and technology | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	9 years	9 years

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill - Schedule of Intangible Assets Amortization Expense (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 35,478
2025	33,661
2026	31,277
2027	26,823
2028	25,100
Thereafter	6,109
Total	$ 158,448

Intangible Assets and Goodwil_4

Intangible Assets and Goodwill - Schedule of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Roll Forward]
Beginning balance	$ 618,506	$ 619,587
Ending balance	622,818	618,506
Molotov acquisition
Goodwill [Roll Forward]
Goodwill, acquired during period	0	(497)
Foreign currency translation adjustment
Goodwill [Roll Forward]
Foreign currency translation adjustment	$ 4,312	$ (584)

Intangible Assets and Goodwil_5

Intangible Assets and Goodwill - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 35,000	$ 35,500	$ 36,900
Impairment of intangible assets (excluding goodwill)	100,300
Goodwill	622,818	618,506	$ 619,587
Goodwill, impaired, accumulated impairment loss	$ 148,100	$ 148,100
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	2 years
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	9 years

Intangible Assets and Goodwil_6

Intangible Assets and Goodwill (Details)	Dec. 31, 2023
Control premium
Finite-Lived Intangible Assets [Line Items]
Goodwill, measurement input	0.35
Discount rate
Finite-Lived Intangible Assets [Line Items]
Goodwill, measurement input	0.31
Minimum | Revenue multiples
Finite-Lived Intangible Assets [Line Items]
Goodwill, measurement input	0.34
Maximum | Revenue multiples
Finite-Lived Intangible Assets [Line Items]
Goodwill, measurement input	0.52

Accounts Payable, Accrued Exp_3

Accounts Payable, Accrued Expenses and Other Long-Term Liabilities - Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Affiliate fees	$ 266,089	$ 218,367
Broadcasting and transmission	13,097	15,732
Selling and marketing	33,925	26,907
Accrued compensation	13,218	9,838
Legal and professional fees	3,672	3,712
Sales tax	42,590	37,934
Accrued interest	4,671	4,773
Subscriber related	1,624	3,101
Shares settled liability	5,131	2,860
Other	11,970	9,708
Total	$ 395,987	$ 332,932

Income Taxes - Schedule of loss

Income Taxes - Schedule of loss before income taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Contingency [Line Items]
Loss before income taxes	$ 293,981	$ 426,711	$ 354,467
United States
Income Tax Contingency [Line Items]
Loss before income taxes	283,988	399,941	346,244
Rest of world
Income Tax Contingency [Line Items]
Loss before income taxes	$ 9,993	$ 26,770	$ 8,223

Income Taxes - Schedule of Bene

Income Taxes - Schedule of Benefit of Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
U.S. Federal
Current	$ 0	$ 0	$ 0
Deferred	620	1,351	2,082
State and local
Current	(116)	0	0
Deferred	145	315	599
Foreign Income Tax Expense (Benefit), Continuing Operations [Abstract]
Current	0	0	0
Deferred	230	0	0
Income tax benefit	$ 879	$ 1,666	$ 2,681

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Federal rate	21%	21%	21%
State income taxes, net of federal benefit	2.57%	0.07%	0.17%
Other nontaxable of nondeductible items	(0.05%)	0%	0%
Stock-based compensation	(1.33%)	(0.67%)	(2.25%)
Change in fair value of derivative, warrant liability, and gain on extinguishment of convertible notes	0%	(0.08%)	0.16%
Amortization of debt discount	0%	(0.67%)	0%
Foreign rate differential	0.14%	0.34%	0.13%
Effect of changes in tax laws or rates enacted in the current period	(0.83%)	0%	0%
Change in valuation allowance	(21.73%)	(18.94%)	(18.99%)
Other	0.53%	(0.66%)	0.54%
Income tax benefit	0.30%	0.39%	0.76%

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Net operating losses	$ 366,837	$ 324,256
Accruals and deferrals	15,115	11,032
Stock-based compensation	16,235	10,225
Interest expense limitation	14,860	13,959
Leasing assets	9,375	9,125
Other	30	49
Total deferred tax assets	422,452	368,646
Less: Valuation allowance	(385,461)	(322,989)
Net deferred tax assets	36,991	45,657
Deferred tax liabilities:
Intangible assets	29,073	38,929
Property and equipment	7,688	7,391
Deferred state income tax	0	102
Total deferred tax liabilities	36,761	46,422
Net deferred tax assets (liabilities)	$ 230
Net deferred tax assets (liabilities)		$ (765)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Operating Loss Carryforwards [Line Items]
Change in valuation allowance	$ 62,500,000
Liability for uncertainty in income taxes, current	0
Income tax examination, penalties and interest expense	0	$ 0
Expire before utilization
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	1,100,000
Federal
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	1,381,000,000
Federal | Expire In 2033
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	88,100,000
Federal | Indefinitely
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	1,292,900,000
State and Local Jurisdiction
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	538,500,000
State and Local Jurisdiction | Expire In 2033
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	513,800,000
State and Local Jurisdiction | Indefinitely
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	24,700,000
Foreign Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 172,600,000

Notes Payable, Long-Term Borr_3

Notes Payable, Long-Term Borrowing, and Convertible Notes - Schedule of Notes Payable and Long-Term Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Feb. 02, 2021
Short-Term Debt [Line Items]
Principal Balance	$ 401,842	$ 407,216
Capitalized Interest	3,593	2,957
Debt Discount	(5,752)	(8,406)
Long-term debt, gross	$ 399,683	$ 401,767
2026 Convertible Notes
Short-Term Debt [Line Items]
Stated Interest Rate	3.25%	3.25%	3.25%
Principal Balance	$ 397,500	$ 402,500
Capitalized Interest	0	0
Debt Discount	(5,752)	(8,406)
Long-term debt, gross	$ 391,748	$ 394,094
Note payable
Short-Term Debt [Line Items]
Stated Interest Rate	10%	10%
Principal Balance	$ 2,700	$ 2,700
Capitalized Interest	3,585	2,950
Debt Discount	0	0
Long-term debt, gross	$ 6,285	$ 5,650
BPi France
Short-Term Debt [Line Items]
Stated Interest Rate	2.25%	2.25%
Principal Balance	$ 1,612	$ 1,986
Capitalized Interest	0	0
Debt Discount	0	0
Long-term debt, gross	$ 1,612	$ 1,986
Other
Short-Term Debt [Line Items]
Stated Interest Rate	4%	4%
Principal Balance	$ 30	$ 30
Capitalized Interest	8	7
Debt Discount	0	0
Long-term debt, gross	$ 38	$ 37

Notes Payable, Long-Term Borr_4

Notes Payable, Long-Term Borrowing, and Convertible Notes - Narrative (Details)		12 Months Ended
	Feb. 02, 2021 USD ($) d $ / shares	Dec. 31, 2023 USD ($) segment d	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Oct. 01, 2018 USD ($)
Short-Term Debt [Line Items]
Proceeds from convertible note, net of issuance costs		$ 0	$ 0	$ 389,446,000
Gain (loss) on extinguishment of debt		1,607,000	0	(380,000)
Amortization of debt discount		$ 2,574,000	2,476,000	14,928,000
Chief Executive Officer
Short-Term Debt [Line Items]
Debt interest rate		4%
Debt instrument, periodic payment		$ 38,000	37,000
Notes payable		30,000
Evolution AI Corporation EAI | Note payable
Short-Term Debt [Line Items]
Debt interest rate					10%
Debt instrument, face amount					$ 2,700,000
Interest payable		3,300,000
Evolution AI Corporation EAI | Interest and Penalties
Short-Term Debt [Line Items]
Debt instrument, periodic payment		$ 6,300,000	$ 5,700,000
2026 Convertible Notes
Short-Term Debt [Line Items]
Convertible notes payable	$ 402,500,000
Debt interest rate	3.25%	3.25%	3.25%
Proceeds from convertible note, net of issuance costs	$ 389,400,000
Debt and equity issuance costs	$ 13,100,000
Debt instrument, convertible, conversion price (in usd per share) | $ / shares	$ 57.78
Threshold trading days | d	20
Threshold consecutive trading days | d	30
Threshold percentage of stock price trigger	130%
Debt instrument, redemption price, percentage	100%
Debt instrument, repurchased face amount		$ 5,000,000
Repayments of debt		(3,300,000)
Gain (loss) on extinguishment of debt		1,600,000
Interest expense		13,100,000	$ 13,400,000	7,000,000
Amortization of debt discount		2,600,000	2,500,000	2,400,000
Debt instrument, unamortized discount (premium), net		391,700,000	394,100,000
Unamortized debt discount and issuance costs		5,800,000	8,400,000
2026 Convertible Notes | Significant other observable inputs (Level 2)
Short-Term Debt [Line Items]
Convertible debt		$ 288,200,000	$ 183,100,000
2026 Convertible Notes | Debt Instrument, Redemption, Period One
Short-Term Debt [Line Items]
Threshold trading days | d		20
Threshold consecutive trading days | d		30
Threshold percentage of stock price trigger		130%
2026 Convertible Notes | Debt Instrument, Redemption, Period Two
Short-Term Debt [Line Items]
Threshold trading days | segment		5
Threshold consecutive trading days | segment		5
Maximum percentage of product of sales price and conversion rate		98%
BPi France
Short-Term Debt [Line Items]
Debt interest rate		2.25%	2.25%
BPi France | Molotov acquisition
Short-Term Debt [Line Items]
Repayments of debt		$ (400,000)	$ (400,000)
Business acquisition, notes assumed		2,400,000
Long-term borrowings - current portion		$ (1,600,000)	(2,000,000)
BPi France | Molotov acquisition | Maximum
Short-Term Debt [Line Items]
Debt interest rate		2.25%
Societe Generale | Molotov acquisition
Short-Term Debt [Line Items]
Business acquisition, notes assumed				$ 1,300,000
Long-term borrowings - current portion			$ (1,300,000)
Societe Generale | Molotov acquisition | Minimum
Short-Term Debt [Line Items]
Debt interest rate				0.25%

Segments and Geographic Infor_3

Segments and Geographic Information - Narrative (Details) - segment	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2023
Segment Reporting [Abstract]
Number of reportable segments	1	1
Number of operating segments			1

Segments and Geographic Infor_4

Segments and Geographic Information - Financial Performance by Geographical Location (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total revenues	$ 1,368,225	$ 1,008,696	$ 638,370
United States
Segment Reporting Information [Line Items]
Total long-lived assets	190,113	197,673
Total revenues	1,309,438	972,220	634,065
Rest of world
Segment Reporting Information [Line Items]
Total long-lived assets	8,995	15,022
Total revenues	$ 58,787	$ 36,476	$ 4,305

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial assets at fair value:
Total financial assets at fair value	$ 205,074	$ 50,010
Money market securities
Financial assets at fair value:
Money market securities	205,074	50,010
Quoted prices in active markets (Level 1)
Financial assets at fair value:
Total financial assets at fair value	205,074	50,010
Quoted prices in active markets (Level 1) | Money market securities
Financial assets at fair value:
Money market securities	205,074	50,010
Significant other observable inputs (Level 2)
Financial assets at fair value:
Total financial assets at fair value	0	0
Significant other observable inputs (Level 2) | Money market securities
Financial assets at fair value:
Money market securities	0	0
Significant unobservable inputs (Level 3)
Financial assets at fair value:
Total financial assets at fair value	0	0
Significant unobservable inputs (Level 3) | Money market securities
Financial assets at fair value:
Money market securities	$ 0	$ 0

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Liability for Derivatives and Warrants (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]		Other long-term liabilities
Warrant liabilities	$ 0		$ 0
Warrant liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	3,548,000	$ 22,686,000
Change in fair value	1,701,000	(2,659,000)
Redemption	(5,249,000)	(16,479,000)
Ending balance	$ 0	$ 3,548,000

Shareholders_ Equity - Narrativ

Shareholders’ Equity - Narrative (Details)				12 Months Ended
	Aug. 12, 2022 USD ($) shares	Aug. 04, 2022 USD ($)	Aug. 13, 2021 USD ($)	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Jan. 09, 2019 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, authorized (in shares) | shares				800,000,000	800,000,000		400,000,000
Issuance of common stock for cash				$ 116,889,000	$ 292,155,000
Weighted average exercise price, gross (in dollars per share) | $ / shares				$ 6.31	$ 6.43
Stock issued during period, business days within start of effective date	10 days
Framework Agreement - Projects
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, shares, percentage	0.80
Framework Agreement - Network
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, shares, percentage	0.20
Share-based Payment Arrangement, Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, other, basis for determination of shares issued	$ 10,000,000
Stock issued during period, other, threshold trading days	30 years
Stock issued during period, other, issuance period, days after effective date	10 days
Share-based Payment Arrangement, Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, other, basis for determination of shares issued	$ 10,000,000
Stock issued during period, other, threshold trading days	30 days
Stock issued during period, other, issuance period, days after effective date	10 days
Restricted Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, other (in shares) | shares	2,000,000
Restricted Common Stock | MEP Effective Date
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock for cash (in shares) | shares				3,778,718
2022 ATM Offering
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payment for stock issuance cost				$ 2,800,000
Sale of stock, consideration received on transaction				$ 116,900,000
Sale of stock, number of shares issued in transaction (in shares) | shares				81,694,729
Sale of stock, price per share (in dollars per share) | $ / shares				$ 1.46	$ 5.90
Sale of stock, remaining shares available for sale, amount				$ 156,300,000
Maximum | 2021 ATM Offering
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sale of stock, commission fee percentage			3%
Sales Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from issuance of common stock				$ 116,900,000
Issuance of common stock for cash (in shares) | shares				81,694,729
Evercore Group LLC Needham and Company LLC and Oppenheimer And Co Inc | Sales Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock for cash		$ 350,000,000	$ 500,000,000
Proceeds from issuance of common stock					$ 292,100,000	$ 140,400,000
Payment for stock issuance cost					$ 6,600,000	$ 3,500,000
Issuance of common stock for cash (in shares) | shares					50,620,577	5,338,607
Weighted average exercise price, gross (in dollars per share) | $ / shares						$ 26.96
Commission rate percentage		3%

Shareholders_ Equity - Schedule

Shareholders’ Equity - Schedule of Warrants Activity (Details) - Warrant - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of warrants outstanding, beginning balance (in shares)	166,670
Number of warrants outstanding, ending balance (in shares)	166,670	166,670
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in dollars per share)	$ 17.40
Weighted average exercise price, ending balance (in dollars per share)	$ 17.40	$ 17.40
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, outstanding	$ 0	$ 0
Weighted average remaining contractual life (in years)	8 years 7 months 6 days	9 years 7 months 6 days

Shareholders_ Equity - Fair Val

Shareholders’ Equity - Fair Value Assumptions (Details) - Share-based Payment Arrangement, Option	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0%	0%
Expected price volatility	49.80%	107%
Risk free rate	3.90%	2.80%
Expected term (in years)	6 years	10 years

Shareholders_ Equity - Warrants

Shareholders’ Equity - Warrants (Details) - USD ($) $ / shares in Units, $ in Thousands			2 Months Ended	12 Months Ended
	Aug. 12, 2022	Mar. 01, 2021	Feb. 28, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of warrant or right, number of securities called by warrants or rights (in shares)	166,667
Exercise price (in dollars per share)	$ 15
Class of warrant or right, trading days for closing share price (in dollars per share)	30 days
Class of warrant or right, weighted average closing share price (in dollars per share)	$ 30
Warrants and rights outstanding, term (in years)	1 year 8 months 12 days
Conversion of Stock, Percent Converted		100%
Exercise of stock options (in shares)				339,842
Exercise of stock options					$ 829	$ 3,013
Series AA Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of stock, shares converted (in shares)		13,412,246	9,807,367
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of Series AA Preferred Stock (in shares)		26,824,492	19,614,734
Common Stock | Exchange Offer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of Series AA Preferred Stock (in shares)		2
Warrant
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of warrant or right, outstanding (in shares)	400,000
Share-based payment arrangement, nonvested award, cost not yet recognized, amount				$ 100
Granted (in shares)				0

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)							12 Months Ended
	Nov. 20, 2023	May 09, 2023	Apr. 30, 2023	Nov. 20, 2022	Nov. 03, 2021	Nov. 20, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Aug. 07, 2023	Oct. 08, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 51,215,000	$ 52,454,000	$ 53,150,000
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							$ 2,800,000
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition							1 year 1 month 6 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Performance Period							5 years
Number of shares outstanding, beginning balance (in shares)							636,298
Share-based payment arrangement, noncash expense							$ 51,215,000	52,454,000	53,150,000
Award vesting period							4 years
Modifications Resulted
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, noncash expense							$ 0	$ 2,100,000	10,600,000
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							300,000
Share-based compensation arrangement by share-based payment award, options, vested (in shares)								820,000
Number of shares outstanding, beginning balance (in shares)			4,100,000
Share-based compensation arrangement by share-based payment award, options, grants in period, weighted average grant date fair value (in dollars per share)			$ 10
Share-based compensation arrangement by share-based Payment Award, options, nonvested, number of shares (in shares)			3,280,000
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value							1,200,000
Share-based compensation arrangement by share-based payment award, number of shares authorized (in shares)											4,100,000
Performance Shares | Measurement Input, EBITDA Multiple
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage			50%
Performance Shares | Measurement Input, Revenue Criteria
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage			25%
Performance Shares | Measurement Input, Subscribers Achieved
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage			25%
Market and Service Condition Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							3,300,000	$ 7,800,000	$ 7,200,000
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							$ 900,000
Number of shares outstanding, beginning balance (in shares)							0	0	1,375,000
Share-based compensation arrangement by share-based payment award, options, granted in period, fair value									$ 19,200,000
Service-Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 23,000,000
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							$ 12,300,000
Number of shares unvested (in shares)							1,600,000
Service-Based Restricted Stock Awards | Share-based Payment Arrangement, Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 7,000,000
Service-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							8,000,000
Service-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 8,000,000
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition							3 years
Performance-Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 5,700,000
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition							2 years
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, outstanding							$ 1,700,000
Number of shares unvested (in shares)							400,000
Performance-Based Restricted Stock Awards | Share-based Payment Arrangement, Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 1,700,000
Performance-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							2,000,000
Performance-Based Restricted Stock Awards | Share-based Payment Arrangement, Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							2,000,000
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							72,600,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, outstanding							64,600,000	$ 47,200,000
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value							$ 44,000,000
Number of shares unvested (in shares)							13,912,089	12,803,284
Award vesting period							4 years	4 years
Weighted average remaining contractual life (in years)							3 years
Forfeited (in shares)							3,256,301
Restricted Stock Units (RSUs) | Board of Directors And Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Delivery of common stock underlying restricted stock units (in shares)							3,443,251	1,576,231
Performance Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							$ 6,800,000	$ 14,600,000	$ 5,600,000
Share-based compensation arrangement by share-based payment award, options, vested (in shares)							666,667
Share-based compensation arrangement by share-based Payment Award, options, nonvested, number of shares (in shares)	1,140,000
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value					$ 64,400,000		$ 7,200,000
Number of shares unvested (in shares)					1,900,000		895,834
Award vesting period							5 years
Share-based compensation arrangement by share-based payment award, number of shares authorized (in shares)								286,667	380,000
Forfeited (in shares)							93,333
Employee benefits and share-based compensation							$ 8,700,000
Share-based compensation arrangement by share-based payment award, equity instruments other than options, shares received at target performance (in shares)		730,338
Share-based compensation arrangement by share-based payment award, equity instruments other than options, shares received at maximum performance (in shares)		1,095,507
Share based compensation arrangement by share based payment award non options granted in period fair value		$ 700,000
Performance Based Restricted Stock Units | Measurement Input, EBITDA Multiple
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	50%
Performance Based Restricted Stock Units | Measurement Input, Revenue Criteria
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	25%
Performance Based Restricted Stock Units | Measurement Input, Subscribers Achieved
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	25%
Executive PRSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							1,800,000
Share-based compensation arrangement by share-based payment award, options, vested in period, fair value							1,900,000
Number of shares unvested (in shares)	569,475
Employee benefits and share-based compensation							100,000
Executive PRSU | Measurement Input, EBITDA Multiple
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	50%
Executive PRSU | Measurement Input, Revenue Criteria
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	25%
Executive PRSU | Measurement Input, Subscribers Achieved
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	25%
Accrued Expenses And Other Current Liabilities And Other Long-Term Liabilities | Service-Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							3,700,000
Accrued Expenses And Other Current Liabilities And Other Long-Term Liabilities | Performance-Based Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment srrangement, nonvested award, option, cost not yet recognized, amount							$ 1,400,000
2020 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of additional shares authorized				2,500,000		17,500,000
Stock issued during period, employee stock purchase plans (in shares)							7,399,380
2015 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant							0
2022 Inducement Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant							0
2023 Inducement Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant										3,000,000
Employment Inducement Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant							2,724,451
Framework Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 6,500,000	$ 2,900,000
Framework Agreement | Accrued Expenses and Other Current Liabilities
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense							$ 5,100,000	$ 2,900,000

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 51,215	$ 52,454	$ 53,150
Subscriber related
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	211	144	71
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	22,886	22,198	7,818
Technology and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	12,024	9,998	13,752
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 16,094	$ 20,114	$ 31,509

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Number of shares outstanding, beginning balance (in shares)	10,243,772
Number of shares outstanding, beginning balance (in shares)	636,298
Number of shares, exercised (in shares)	(339,842)
Number of shares outstanding, forfeited or expired (in shares)	(64,621)
Number of shares outstanding, ending balance (in shares)	10,475,607	10,243,772
Options vested and exercisable (in shares)	9,172,874
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in dollars per share)	$ 6.43
Weighted average exercise price, granted (in dollars per share)	2.02
Weighted average exercise price, exercised (in dollars per share)	1.10
Weighted average exercise price (in dollars per share)	10.67
Weighted average exercise price, ending balance (in dollars per share)	6.31	$ 6.43
Weighted average exercise price options vested and exercisable, ending balance (in dollars per share)	$ 6.48
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]
Total Intrinsic Value	$ 6,534	$ 1,956
Options vested and exercisable, intrinsic value	$ 5,796
Weighted average remaining contractual life (in years)	5 years 3 months 18 days	6 years
Weighted average remaining contractual life, options vested and exercisable (in years)	5 years 4 months 24 days
Market and Service Condition Based Options
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Number of shares outstanding, beginning balance (in shares)	4,453,297
Number of shares outstanding, beginning balance (in shares)	0	0	1,375,000
Number of shares outstanding, ending balance (in shares)	4,453,297	4,453,297
Options vested and exercisable (in shares)	3,994,964
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in dollars per share)	$ 12.75
Weighted average exercise price, ending balance (in dollars per share)	12.75	$ 12.75
Weighted average exercise price options vested and exercisable, ending balance (in dollars per share)	$ 11.96
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]
Total Intrinsic Value	$ 0	$ 0
Options vested and exercisable, intrinsic value	$ 0
Weighted average remaining contractual life (in years)	3 years 8 months 12 days	4 years 8 months 12 days
Weighted average remaining contractual life, options vested and exercisable (in years)	3 years 7 months 6 days

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock Options Assumptions (Details) - Share-based Payment Arrangement, Option	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0%	0%
Expected price volatility	49.80%	107%
Risk free rate	3.90%	2.80%
Expected term (in years)	6 years	10 years

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Restricted Stock Unit Activity (Details) - $ / shares		12 Months Ended
	Nov. 03, 2021	Dec. 31, 2023	Dec. 31, 2022
Restricted Stock Units (RSUs)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Number of shares unvested, beginning balance (in shares)		13,055,629
Number of shares unvested (in shares)		(13,912,089)	(12,803,284)
Vested (in shares)		(3,397,642)
Forfeited (in shares)		(3,256,301)
Unvested, ending balance (in shares)		20,313,775	13,055,629
Weighted Average Exercise Price
Weighted average grant-date fair value unvested, beginning balance (in dollars per share)		$ 5.25
Weighted average grant date fair value (in dollars per share)		2.99
Weighted average grant date fair value (in dollars per share)		5.82
Weighted average grant date fair value forfeited (in dollars per share)		3.72
Weighted average grant-date fair value unvested, ending balance (in dollars per share)		$ 3.85	$ 5.25
Performance Based Restricted Stock Units
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Number of shares unvested, beginning balance (in shares)		1,520,000
Number of shares unvested (in shares)	(1,900,000)	(895,834)
Vested (in shares)		(286,667)
Forfeited (in shares)		(93,333)
Unvested, ending balance (in shares)		2,035,834	1,520,000
Weighted Average Exercise Price
Weighted average grant-date fair value unvested, beginning balance (in dollars per share)		$ 33.87
Weighted average grant date fair value (in dollars per share)		2.87
Weighted average grant date fair value (in dollars per share)		33.87
Weighted average grant date fair value forfeited (in dollars per share)		33.87
Weighted average grant-date fair value unvested, ending balance (in dollars per share)		$ 20.23	$ 33.87

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Operating Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating leases
Operating lease cost	$ 6,513	$ 5,711	$ 1,387
Other lease cost	256	239	287
Operating lease expense	6,769	5,950	1,674
Short-term lease rent expense	132	167	0
Total rent expense	$ 6,901	$ 6,117	$ 1,674

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Operating cash flows from operating leases	$ 5,939	$ 1,421	$ 553
Right of use assets exchanged for operating lease liabilities	$ 3,062	$ 4,312	$ 30,968
Weighted average remaining lease term - operating leases	9 years 10 months 24 days	11 years 3 months 18 days	13 years
Weighted average remaining discount rate - operating leases	7.80%	7.40%	7.60%

Commitments and Contingencies_3

Commitments and Contingencies - Schedule of Future Minimum Payments for Operating Leases (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Year Ended December 31, 2024	$ 8,362
Year Ended December 31, 2025	7,764
Year Ended December 31, 2026	5,991
Year Ended December 31, 2027	4,831
Year Ended December 31, 2028	4,403
Thereafter	31,737
Total	63,088
Less present value discount	(19,754)
Operating lease liabilities	43,334
Annual Sponsorship Agreements
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Year Ended December 31, 2024	3,225
Year Ended December 31, 2025	3,275
Year Ended December 31, 2026	3,325
Year Ended December 31, 2027	3,425
Year Ended December 31, 2028	3,525
Thereafter	12,725
Total	29,500
Sports Rights Agreements
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Year Ended December 31, 2024	26,065
Year Ended December 31, 2025	13,748
Year Ended December 31, 2026	13,748
Year Ended December 31, 2027	13,748
Year Ended December 31, 2028	4,583
Total	$ 71,892

Commitments and Contingencies_4

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Loss Contingencies [Line Items]
Operating lease, impairment loss	$ 2.3
Prepaid Expenses and Other Current Assets
Loss Contingencies [Line Items]
Prepaid contracts	$ 27.4	$ 54.7

Subsequent Events (Details)

Subsequent Events (Details) - Convertible Debt $ / shares in Units, $ in Millions	Jan. 02, 2025 vote	Jan. 02, 2024 USD ($) d vote $ / shares
2026 Convertible Notes | Subsequent Event
Subsequent Event [Line Items]
Convertible notes payable | $		$ 205.8
2029 Convertible Notes | Subsequent Event
Subsequent Event [Line Items]
Convertible notes payable | $		$ 177.5
Debt instrument, convertible, conversion price (in usd per share) | $ / shares		$ 0.2606474
Threshold percentage of stock price trigger		130%
Threshold consecutive trading days | d		20
Threshold trading days		30
Debt instrument, convertible, threshold consecutive trading day immediately after measurement period		5 years
Debt instrument, convertible, threshold percentage of notes trading price trigger		98%
2029 Convertible Notes | Forecast
Subsequent Event [Line Items]
Threshold percentage of stock price trigger	200%
Threshold consecutive trading days	20
Threshold trading days	30
Debt instrument, convertible, threshold consecutive trading day before notice	10 days
2029 Convertible Notes | Base Rate | Subsequent Event
Subsequent Event [Line Items]
Debt interest rate		7.50%
2029 Convertible Notes | Paid in Kind | Subsequent Event
Subsequent Event [Line Items]
Debt interest rate		10%