FuboTV (FUBO) ownership update as Disney and Hulu report 72.9% stake
Rhea-AI Filing Summary
The Walt Disney Company and Hulu, LLC filed Amendment No. 1 to their Schedule 13D on FuboTV Inc., updating their reported beneficial ownership and director and officer information. They report shared voting and dispositive power over 947,910,220 shares of FuboTV Class A common stock on an as-converted basis, representing 72.9% of the class based on 352,715,216 shares outstanding as of February 3, 2026.
The filing explains this percentage also reflects 947,910,220 shares of Class B common stock issued in connection with prior transactions, assuming exchange into a total of 1,300,625,436 Class A shares on a fully exchanged basis. It notes that differences from the original November 5, 2025 filing result from calculation methodology, not new transactions by the reporting persons.
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Insights
Disney and Hulu reaffirm a controlling FuboTV stake, with changes driven by updated share-count math rather than new trades.
The amendment shows The Walt Disney Company and Hulu, LLC jointly beneficially owning 947,910,220 as-converted FuboTV Class A shares. Using 352,715,216 Class A shares outstanding as of February 3, 2026, this equates to a reported 72.9% of the Class A common stock.
The text clarifies that ownership percentages in the original November 5, 2025 filing were calculated on a different, fully diluted share base of 406,247,237 shares, and that the updated percentages are not due to any new transactions. Instead, they reflect 947,910,220 shares of Class B stock, issued in earlier transactions and exchangeable into Class A, implying substantial ongoing influence over shareholder voting.
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