Fubo’s Subscriber Surge Drowned by Disney Deal Details: Stock Tanking After Q4 Results
So Fubo is trying to shine, but the stock market isn’t having it—as they announce a rocky fourth quarter. The pay-TV provider celebrated an uptick in revenue, up 8% year-over-year to $433.8 million, and a narrower loss per share—down from 18 cents to just 2 cents. That’s like finding a fiver in your couch cushions, but wait, there’s a buttload of drama brewing underneath. Analysts were not impressed, as the revenue figure fell short of expectations, leading investors to punish the stock, which plummeted 20% to hover around $2.82—ouch! This isn’t the first time Fubo’s been in the stocks doghouse; after a two-year slump which saw shares barely above $1, they soared over three times following news of their acquisition by Disney—only to crash back to earth now.
But what does all this mean for Fubo’s nearly 1.7 million subscribers? Well, buckaroo, they expect a dip in Q1, projecting only 1.43 to 1.46 million subscribers by the end of March. That’s largely blamed on a carriage dispute with TelevisaUnivision, hinting that things might get uglier before they get better. However, in the long game, CEO David Gandler remains optimistic about the impending acquisition, claiming it’ll create a “game-changing opportunity” to dominate the streaming space alongside Disney—once they wrangle through the regulatory muck. The merger is likely to close in 2026, hinting that for now, it’s just business as usual—Fubo will still operate separately from Disney’s Hulu + Live TV.
Don’t forget, this acquisition stems from a controversial antitrust lawsuit against Disney, Fox, and Warner Bros Discovery. After a federal judge made a ruling in favor of Fubo, the launch of Venu Sports—a joint streaming venture—was swiftly canceled. Now, as Fubo ties its future to Disney, they’re eyeing a “Sports & Broadcasting” package set for a fall launch, aiming to draw in sports enthusiasts looking for a streamlined, no-fluff viewing experience—essentially what they wanted to do before corporate interference got in the way.
Stay tuned for more updates on this saga, because Fubo’s path is looking like one wild ride—and it seems their fight for “consumer choice” could either skyrocket or crash, depending on who plays ball in the future.
Sources: Celebrity Storm and Deadline, Variety, CNBC
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