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Intangible Assets and Goodwill (Tables)

3 Months Ended

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

X

- Definition

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

+ References

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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

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- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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