SCHEDULE: Disney Clarifies FuboTV Stake, Updates Executive Roster
Ownership Amendment
The Walt Disney Company and Hulu, LLC filed an amendment to their Schedule 13D, clarifying their beneficial ownership percentage in FuboTV Inc. and updating Disney's director and executive officer list.
Summary
- The Walt Disney Company and Hulu, LLC, as reporting persons, filed Amendment No. 1 to their Schedule 13D regarding their beneficial ownership in FuboTV Inc.
- The amendment clarifies the calculation of their beneficial ownership percentage in FuboTV Inc., stating it is 72.9%.
- This 72.9% ownership is based on 947,910,220 shares of Class B Common Stock, assuming their exchange into Class A Common Stock, for a total of 1,300,625,436 shares of Class A Common Stock on a fully exchanged basis.
- The previous Schedule 13D filed on November 5, 2025, reported ownership on a fully diluted basis using 406,247,237 shares as of October 28, 2025, leading to different percentages not due to transactions by the reporting persons.
- The filing also amends Item 2 of the Schedule 13D by replacing Schedule II, which contains the updated list of directors and executive officers of The Walt Disney Company.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It is an administrative update clarifying ownership calculation and updating a list of personnel, with no direct impact on FuboTV's operational or financial performance.
Positives
- The filing provides increased transparency by clarifying the methodology used to calculate The Walt Disney Company's and Hulu, LLC's beneficial ownership percentage in FuboTV Inc.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding FuboTV Inc.'s future performance or strategic direction.
Industry Context
StockSavvy.ai notes that this Schedule 13D/A filing is primarily an administrative update, common for large institutional investors to ensure regulatory compliance and clarify ownership details. It does not signal a change in strategic intent or operational performance for FuboTV Inc. or The Walt Disney Company's broader streaming strategy.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Board and Executive Roster Update | The filing amends Item 2 of the Schedule 13D by replacing Schedule II, which provides an updated list of the directors and executive officers of The Walt Disney Company. | 03/18/2026 | Enhances transparency regarding the current leadership structure of The Walt Disney Company, a significant beneficial owner of FuboTV Inc. |
Stakeholder Impact
- Shareholders of FuboTV Inc. benefit from clearer disclosure regarding the beneficial ownership percentage held by The Walt Disney Company and Hulu, LLC.
- Regulatory bodies receive updated and clarified information regarding significant ownership stakes.
Key Dates
| Date | Description |
|---|---|
| 2025-10-28 | Date used for calculating ownership percentage in the Original Schedule 13D (406,247,237 shares of Class A Common Stock). |
| 2025-11-05 | Date of the Original Schedule 13D filing by the Reporting Persons. |
| 2026-02-03 | Date as of which 352,715,216 shares of Class A Common Stock were outstanding, as disclosed by FuboTV Inc. in its Schedule 14C. |
| 2026-02-27 | Date FuboTV Inc. filed its Definitive Information Statement on Schedule 14C. |
| 2026-03-18 | Date of event which required the filing of this Amendment No. 1. |
| 2026-03-20 | Signature date of Amendment No. 1 to Schedule 13D. |
Keywords
FuboTV, Walt Disney Company, Hulu, Schedule 13D, Beneficial Ownership, Class A Common Stock, Class B Common Stock, SEC Filing, Corporate Governance, Ownership Percentage
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