Fubo Announces Repurchase of $140.2 Million of Its 3.25% Convertible Senior Notes Due 2026
NEW YORK, January 14, 2026–(BUSINESS WIRE)–FuboTV Inc. (NYSE: FUBO) today announced the repurchase of $140.2 million aggregate principal amount of its outstanding 3.25% convertible senior notes due 2026.
Pursuant to the terms of the indenture governing the 2026 Notes, Fubo repurchased the outstanding notes due February 15, 2026 at a repurchase price of 100% of their principal amount, plus accrued and unpaid interest up to, but not including, the repurchase date.
The buyout follows Fubo’s receipt last week of the proceeds of a $145 million term loan made pursuant to a commitment letter entered into as part of Fubo’s 2025 business combination with Hulu + Live TV. Fubo also announced last week no redemption of its senior convertible notes due 2029 following the triggering of a notice to holders regarding their fundamental change redemption rights following the business combination.
“Today’s buyout, funded with proceeds from our recent term loan, highlights Fubo’s continued proactive management of our capital structure,” said David Gandler, co-founder and CEO of Fubo. “We are also pleased to announce that no shareholders were diluted as a result of this redemption, as we repaid the 2026 Notes for cash using the proceeds of the recent term loan. The remaining aggregate principal amount of $4.5 million of the outstanding 2026 Notes will be repaid in cash upon maturity in February 2026. We believe these actions strengthen Fubo’s financial position and support our continued commitment to providing an innovative, consumer-focused streaming company that delivers value to shareholders and consumers.
About FuboTV Inc.
FuboTV Inc. (NYSE: FUBO) is a consumer-focused live TV streaming company whose mission is to deliver premium sports, news and entertainment programming through a best-in-class user experience that delivers greater choice, flexibility and value. The sixth largest pay TV company in the United States (UBS 2025 estimates) and ranked among the fastest growing companies in the Americas in 2025 by the Financial TimesFuboTV Inc. owns Hulu + Live TV (entertainment), Fubo (sports), and Molotov (entertainment and sports), which air in markets around the world. FuboTV Inc. is a subsidiary of The Walt Disney Company.
Learn more at https://fubo.tv
Fubo Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements by FuboTV Inc. (“Fubo”) that involve significant risks and uncertainties. All statements in this press release that do not relate to historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our business strategy and plans, financial condition and capitalization. The words “may,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” “believe” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements made by Fubo as a result of a number of important factors, including, but not limited to, the following: our ability to achieve or maintain profitability; risks related to our access to capital and prospects of raising funds to fund our financial operations and support the anticipated growth of our business; risks related to the integration of the Hulu + Live TV business; risks related to our organizational structure following completion of the Transaction; our revenues and gross profit are subject to seasonality; our operating results may fluctuate; our ability to effectively manage our growth; the risks associated with the Transaction; the long-term nature of our content commitments; our ability to renew our long-term content contracts on sufficiently favorable terms; our ability to attract and retain subscribers; risks related to our commercial agreements with Hulu; obligations imposed on us through our agreements with certain distribution partners; our ability to license streaming content or other rights on acceptable terms; restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third-party platforms to operate certain aspects of our business; risks linked to the difficulty of measuring key indicators linked to our activity; risks related to the preparation and forecasting of our financial results; risks related to the highly competitive nature of our industry; risks related to our technology, as well as risks related to cybersecurity and data privacy; risks related to our conversion to a Delaware corporation and our status as a “controlled company”; risks related to current or future legal proceedings; and other risks, including the effects of future industry, market, economic, political or regulatory conditions, foreign exchange and interest rates, and changes in tax and other laws, regulations, rates and policies. Additional risks that could cause actual results to differ materially from those expressed or implied in these forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025 filed with the Securities and Exchange Commission (“SEC”), as well as in our other periodic filings with the SEC. We encourage you to read these risks in detail. The forward-looking statements contained in this press release represent the views of Fubo as of the date of this press release. Fubo anticipates that subsequent events and developments will lead to a change in views. However, although it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should therefore not rely on these forward-looking statements as representing the views of Fubo as of any date after the date of this press release.
