FuboTV Inc.

FuboTV Inc. has appointed Alisa Bowen as its new Chief Executive Officer, effective July 10, 2026. Ms. Bowen, previously President of Disney+, brings nearly 30 years of media and digital experience, including leadership roles at Disney, News Corporation, Dow Jones, and Thomson Reuters. She succeeds co-founder David Gandler, who has resigned. Her compensation package includes an annual base salary of $1,575,000, a target annual bonus of 120% of her base salary, and equity awards totaling $11,500,000, along with a $1,100,000 inducement bonus.

FuboTV Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on Tuesday, July 28, 2026. Stockholders will vote on the election of nine directors, the ratification of PricewaterhouseCoopers LLP as the independent auditor, and advisory votes on executive compensation and its frequency. Key proposals also include approving an amendment to the 2020 Equity Incentive Plan to increase available shares and an amendment to the Certificate of Incorporation to remove additional voting requirements for Hulu Designees, following the October 2025 business combination with Hulu + Live TV where Disney acquired a 70% ownership interest.

FuboTV Inc. completed its Business Combination with the Hulu Live Business on October 29, 2025, with Hulu holding a 70% economic and voting interest in the combined entity, Newco. The company reported total revenues of $1,573.9 million for the three months ended March 31, 2026, and a net loss attributable to common shareholders of $(2.1) million, or $(0.07) per share. Additionally, FuboTV Inc. effected a 1-for-12 reverse stock split on March 23, 2026, and changed its fiscal year end to September 30.

FuboTV reported strong financial results for Q2 fiscal 2026, with record revenue of $1.57 billion and a significant improvement in Adjusted EBITDA to $37.7 million. The company reaffirmed its fiscal 2026 and 2028 Adjusted EBITDA targets and expects positive Free Cash Flow in fiscal 2027. FuboTV also highlighted progress on integrations with Disney, content portfolio expansion, and product innovations, despite a slight decline in total North America subscribers.

FuboTV issued a press release and shareholder letter updating the company's business and recent developments, including Adjusted EBITDA outlook for the fiscal years ending September 30, 2026 and 2028, and other long-term financial targets. This information is important for investors as it provides insight into the company's future financial performance and strategic direction.