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Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The table below summarizes the Company’s intangible assets at September 30, 2021 and December 31, 2020 (in thousands):

 Schedule of Intangible Assets

		Useful			Weighted Average Remaining			September 30, 2021
		Lives (Years)			Life (Years)			Intangible Assets				Accumulated Amortization				Net Balance
Customer relationships		2			0.5			$	23,678			$	(17,758	)		$	5,920
fuboTV tradename		9			7.5				38,197				(6,366	)			31,831
Software and technology		3-9			7.5				182,203				(30,350	)			151,853
Gaming licenses and market access fees		1-20			9.8				29,650				-				29,650
Total								$	273,728			$	(54,474	)		$	219,254

		Useful			Weighted Average Remaining			December 31, 2020
		Lives (Years)			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 (excluding gaming licenses and market access fees) is as follows (in thousands):

 Schedule of Intangible Assets Amortization Expense

			Future Amortization
2021			$	9,108
2022				27,552
2023				24,591
2024				24,496
2025				24,437
Thereafter				79,420
Total			$	189,604

Schedule of Goodwill

The following table is a summary of the changes to goodwill for the nine months ended September 30, 2021 (in thousands):

 Schedule of Goodwill

Balance - December 31, 2020		$	478,406
Vigtory acquisition			10,683
Balance - September 30, 2021		$	489,089

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- Definition

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

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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

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-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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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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