FUBOTV INC. /FL, PRE 14A filed on 4/20/2023
Proxy Statement - Notice of Shareholders Meeting (preliminary)
v3.23.1
Cover
 12 Months Ended
Dec. 31, 2022
Document Information [Line Items]  
Document Type PRE 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name fuboTV Inc. /FL
Entity Central Index Key 0001484769
v3.23.1
Pay vs Performance Disclosure - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]          
Pay vs Performance [Table Text Block]    
Value of Initial Fixed $100
Investment Based on:
YearSummary
Compensation
Table
 Total for
 PEO #1
($)		Summary
Compensation
Table Total
 for PEO #2
($)		Compensation
Actually
Paid to PEO
 #1
($)(1)(2)		Compensation
Actually
 Paid to PEO
#2
($)(1)(2)		Average
Summary
Compensation
 Table Total
for Non-PEO
NEOs ($)		Average
Compensation Actually
 Paid to
Non-PEO
NEOs
($)(1)(2)		Total
Shareholder
Return
($)		Peer Group
Total
Shareholder
Return
($)(3)		Net
Income
(Loss)
($)		Revenue
($)
20228,382,861—(19,012,038)—907,013(2,114,790)1781(561,919,000)1,008,696,000
20216,484,064—(29,263,387)—21,246,076217,982151146(382,963,000)638,370,000
202021,694,522949,986102,300,236949,9867,145,33716,644,399272115(599,392,000)217,746,000
    
Company Selected Measure Name     Revenue    
Named Executive Officers, Footnote [Text Block]     Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining named executive officers for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
YearPEO #1PEO #2Non-PEO NEOs
2022David Gandler--John Janedis, Edgar Bronfman, Jr., Alberto Horihuela Suarez and Simone Nardi
2021David Gandler--Edgar Bronfman, Jr. and Alberto Horihuela Suarez
2020David GandlerJohn Textor(a)Edgar Bronfman, Jr. and Simone Nardi
(a)John Textor served as our Chief Executive Officer from August 8, 2018 until April 1, 2020, as our Executive Chairman from April 1, 2020 to April 29, 2020 and as a director from August 8, 2018 to July 31, 2020. From April 29, 2020 through October 30, 2020, Mr. Textor served as our Head of Studio. He resigned from all positions with the Company as of October 30, 2020.
    
Peer Group Issuers, Footnote [Text Block]     .    
Adjustment To PEO Compensation, Footnote [Text Block]     Compensation actually paid to our named executive officers represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
202020212022
AdjustmentsPEO #1PEO #2Average
Non-PEO
NEOs		PEOAverage Non-
PEO NEOs		PEOAverage
Non-PEO
NEOs
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
(20,937,563)- (6,903,041)(5,432,006)(20,891,705)(7,255,640)(471,640)
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
85,959,630 - 5,223,616 7,255,640 1,906,972 159,004 165,109 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
8,866,650 - 10,636,742 - - - - 
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
5,719,127 - 465,567 (32,402,476)(1,804,638)(15,911,093)(1,636,967)
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
997,869 - 76,179 (5,168,339)(238,722)(4,387,170)(914,821)
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
- - - - — - (611,214)
Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY
- - - - - - 447,730 
TOTAL ADJUSTMENTS
80,605,713 — 9,499,063 (35,747,181)(21,028,093)(27,394,899)(3,021,803)
    
Non-PEO NEO Average Total Compensation Amount     $ 907,013 $ 21,246,076 $ 7,145,337
Non-PEO NEO Average Compensation Actually Paid Amount     $ (2,114,790) 217,982 16,644,399
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]     Compensation actually paid to our named executive officers represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
202020212022
AdjustmentsPEO #1PEO #2Average
Non-PEO
NEOs		PEOAverage Non-
PEO NEOs		PEOAverage
Non-PEO
NEOs
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
(20,937,563)- (6,903,041)(5,432,006)(20,891,705)(7,255,640)(471,640)
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
85,959,630 - 5,223,616 7,255,640 1,906,972 159,004 165,109 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
8,866,650 - 10,636,742 - - - - 
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
5,719,127 - 465,567 (32,402,476)(1,804,638)(15,911,093)(1,636,967)
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
997,869 - 76,179 (5,168,339)(238,722)(4,387,170)(914,821)
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
- - - - — - (611,214)
Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY
- - - - - - 447,730 
TOTAL ADJUSTMENTS
80,605,713 — 9,499,063 (35,747,181)(21,028,093)(27,394,899)(3,021,803)
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]     Picture1.jpg    
Compensation Actually Paid vs. Net Income [Text Block]     PvP 2.jpg    
Compensation Actually Paid vs. Company Selected Measure [Text Block]     Picture3.jpg    
Tabular List [Table Text Block]    
•Revenue;
•Adjusted EBITDA; and
•Subscribers.
    
Total Shareholder Return Amount     $ 17 151 272
Peer Group Total Shareholder Return Amount     81 146 115
Net Income (Loss)     $ (561,919,000) $ (382,963,000) $ (599,392,000)
Company Selected Measure Amount     1,008,696,000 638,370,000 217,746,000
PEO Name John Textor David Gandler David Gandler David Gandler  
Additional 402(v) Disclosure [Text Block]     For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the S&P Media and Entertainment Index (the “Peer Group”) for the period commencing on October 8, 2020, the date on which our common shares commenced trading on the New York Stock Exchange, through December 31 of the applicable year in the table above, and that all dividends, if any, were reinvested. For additional details regarding our most important financial performance measures, please see the sections titled “Changes to CEO Long-Term Performance Option Design,” “Annual Performance Bonuses” and “Long-Term Equity Incentives” in our compensation discussion and analysis elsewhere in this Proxy Statement.    
Measure [Axis]: 1          
Pay vs Performance Disclosure [Table]          
Measure Name     Revenue    
Measure [Axis]: 2          
Pay vs Performance Disclosure [Table]          
Measure Name     Adjusted EBITDA    
Measure [Axis]: 3          
Pay vs Performance Disclosure [Table]          
Measure Name     Subscribers    
David Gandler [Member]          
Pay vs Performance Disclosure [Table]          
PEO Total Compensation Amount     $ 8,382,861 $ 6,484,064 $ 21,694,522
PEO Actually Paid Compensation Amount     (19,012,038) (29,263,387) 102,300,236
John Textor [Member]          
Pay vs Performance Disclosure [Table]          
PEO Total Compensation Amount         949,986
PEO Actually Paid Compensation Amount         949,986
PEO [Member] | David Gandler [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (27,394,899) (35,747,181) 80,605,713
PEO [Member] | David Gandler [Member] | Adjustment, Deduction for Amounts Reported Under the Stock Awards and Option Awards Applicable FY [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (7,255,640) (5,432,006) (20,937,563)
PEO [Member] | David Gandler [Member] | Adjustment, Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     159,004 7,255,640 85,959,630
PEO [Member] | David Gandler [Member] | Adjustment, Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0 8,866,650
PEO [Member] | David Gandler [Member] | Adjustment, Increase (Deduction) for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (15,911,093) (32,402,476) 5,719,127
PEO [Member] | David Gandler [Member] | Adjustment, Increase (Deduction) for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (4,387,170) (5,168,339) 997,869
PEO [Member] | David Gandler [Member] | Adjustment, Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0 0
PEO [Member] | David Gandler [Member] | Adjustment, Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0 0
PEO [Member] | John Textor [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | John Textor [Member] | Adjustment, Deduction for Amounts Reported Under the Stock Awards and Option Awards Applicable FY [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | John Textor [Member] | Adjustment, Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | John Textor [Member] | Adjustment, Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | John Textor [Member] | Adjustment, Increase (Deduction) for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | John Textor [Member] | Adjustment, Increase (Deduction) for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | John Textor [Member] | Adjustment, Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | John Textor [Member] | Adjustment, Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
Non-PEO NEO [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (3,021,803) (21,028,093) 9,499,063
Non-PEO NEO [Member] | Adjustment, Deduction for Amounts Reported Under the Stock Awards and Option Awards Applicable FY [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (471,640) (20,891,705) (6,903,041)
Non-PEO NEO [Member] | Adjustment, Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     165,109 1,906,972 5,223,616
Non-PEO NEO [Member] | Adjustment, Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0 10,636,742
Non-PEO NEO [Member] | Adjustment, Increase (Deduction) for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (1,636,967) (1,804,638) 465,567
Non-PEO NEO [Member] | Adjustment, Increase (Deduction) for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (914,821) (238,722) 76,179
Non-PEO NEO [Member] | Adjustment, Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (611,214) 0 0
Non-PEO NEO [Member] | Adjustment, Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     $ 447,730 $ 0 $ 0