NBCUniversal Pulls Networks From FuboTV Over Dispute On Versant Channels; Fubo Says "NBCU Is Discriminating Against Fubo And Our Subscribers. They Allowed YouTube TV And Amazon Prime Video To Integrate Peacock Directly Into Their Channel Store, But Refused To Give Fubo The Same Rights'

FuboTV Inc. (NYSE:FUBO) has been engaged in good faith negotiations with NBCUniversal to renew its long-standing content agreement to distribute their networks to consumers. As a result of Fubo not agreeing to NBCU's demands, which would hurt Fubo consumers, NBCU pulled its networks from Fubo on November 21, 2025. Today, Fubo issued the following statement:

Versant Explained

NBCU is spinning off some of their cable networks into a new company called Versant on Jan 1, 2026. Despite them not being worth the cost to Fubo subscribers, Fubo offered to distribute Versant channels for one year. NBCU wants Fubo to sign a multi-year deal - well past the time the Versant channels will be owned by a separate company. NBCU wants Fubo subscribers to subsidize these channels.

They Are Blocking Consumers' Skinny Bundle

Earlier this year, Fubo launched Fubo Sports, a cost-effective sports-focused service. NBCU wants Fubo to add expensive, non-sports channels, which will drive up the price paid by Fubo subscribers.

Discriminatory Tactics

NBCU is discriminating against Fubo and our subscribers. They allowed YouTube TV and Amazon Prime video to integrate Peacock directly into their channel store, but refused to give Fubo the same rights. Fubo's goal is to make Peacock available directly in our channel store so subscribers can access all of their content in one place and seamlessly pay on one bill.

Streaming As It Should Be

Fubo is committed to bringing its subscribers a premium, competitively-priced live TV streaming experience with the content they love. That includes multiple content options, including a sports-focused service, that can be accessed directly from the Fubo app. We hope NBCU reconsiders their stance, or we'll be forced to move forward without them.