Core Insights - Fubo surpassed Wall Street expectations in its last quarter before being acquired by Disney, achieving 1.63 million North American subscribers [1] - Disney completed its acquisition of 70% of Fubo, resulting in a combined total of 6 million subscribers across Fubo and Hulu + Live TV [2] - The acquisition was part of a settlement of Fubo's antitrust lawsuit against Disney and other media companies, which was resolved before trial [3] Financial Performance - Fubo's revenue for the July-to-September quarter decreased by 2% year-over-year to $368.6 million, while adjusted earnings per share improved to 2 cents, reversing a loss of 8 cents from the previous year [4] - The subscriber count reached an all-time high for Fubo during the third quarter, exceeding analyst expectations of a loss of 4 cents per share and revenue of $361.3 million [4] Product Developments - Fubo launched a sports-focused bundle in 100 U.S. markets during the quarter, aiming to enhance its market offering after previous challenges with major programmers [5] - The company introduced a channel store that allows subscribers to access various subscription services, including Hallmark+, DAZN1, and others, integrating regional sports networks into its platform [6] Strategic Outlook - The CEO of Fubo highlighted the significance of the acquisition by Disney, emphasizing the potential for increased programming flexibility and consumer choice [7]