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Intangible Assets and Goodwill (Tables) | 3 Months Ended
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Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | The table below summarizes the Company’s intangible assets at March 31, 2021 and December 31, 2020 (in thousands):
|  |  |  |  |  |  |  | March 31, 2021 |
|  | Useful Lives (Years) |  |  | Weighted Average Remaining Life (Years) |  |  | Intangible Assets |  |  | Accumulated Amortization |  |  | Net Balance |
Customer relationships |  |  | 2 |  |  |  | 1.0 |  |  | $ | 23,678 |  |  |  | (11,839 | ) |  | $ | 11,839 |
fuboTV tradename |  |  | 9 |  |  |  | 8.0 |  |  |  | 38,197 |  |  |  | (4,244 | ) |  |  | 33,953 |
Software and technology |  |  | 9 |  |  |  | 8.0 |  |  |  | 181,782 |  |  |  | (20,198 | ) |  |  | 161,584 |
Total |  |  |  |  |  |  |  |  |  | $ | 243,657 |  |  | $ | (36,281 | ) |  | $ | 207,376 |
|  |  |  |  |  |  |  | December 31, 2020 |
|  | Useful Lives (Years) |  |  | Weighted Average Remaining Life (Years) |  |  | Intangible Assets |  |  | Accumulated Amortization |  |  | Net Balance |
Customer relationships |  |  | 2 |  |  |  | 1.5 |  |  |  | 23,678 |  |  |  | (8,880 | ) |  |  | 14,798 |
fuboTV tradename |  |  | 9 |  |  |  | 8.5 |  |  |  | 38,197 |  |  |  | (3,183 | ) |  |  | 35,014 |
Software and technology |  |  | 9 |  |  |  | 8.5 |  |  |  | 181,782 |  |  |  | (15,145 | ) |  |  | 166,637 |
Total |  |  |  |  |  |  |  |  |  | $ | 243,657 |  |  | $ | (27,208 | ) |  | $ | 216,449 |
Schedule of Intangible Assets Amortization Expense | The estimated future amortization expense associated with intangible assets is as follows (in thousands):
|  | Future Amortization |
2021 |  | $ | 27,218 |
2022 |  |  | 27,412 |
2023 |  |  | 24,452 |
2024 |  |  | 24,437 |
2025 |  |  | 24,437 |
Thereafter |  |  | 79,420 |
Total |  | $ | 207,376 |
Schedule of Goodwill | The following table is a summary of the changes to goodwill for the three months ended March 31, 2021 (in thousands):
Balance - December 31, 2020 |  | $ | 478,406 |
Vigtory acquisition |  |  | 10,683 |
Balance - March 31, 2021 |  | $ | 489,089 |

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