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Intangible Assets and Goodwill (Tables) | 9 Months Ended
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Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Impairment Charges | The following table represents the impairment charges recorded during the 3rd quarter of 2020 related to the Company’s Facebank reporting unit (in thousands):
Intangible assets |  | $ | 88,059 |
Goodwill |  | $ | 148,622 |
Total impairment expense |  | $ | 236,681 |
Schedule of Intangible Assets | The table below summarizes the Company’s intangible assets at September 30, 2020 and December 31, 2019 (in thousands):
|  |  |  |  | Weighted Average |  |  | September 30, 2020 |
|  | Useful Lives (Years) |  |  | Remaining Life (Years) |  |  | Intangible Assets |  |  | Intangible Asset Impairment |  |  | Accumulated Amortization |  |  | Net Balance |
Human animation technologies |  |  | 5 |  |  |  | 5 |  |  | $ | 123,436 |  |  |  | (79,884 | ) |  |  | (37,871 | ) |  | $ | 5,681 |
Trademark and trade names |  |  | 5 |  |  |  | 5 |  |  |  | 7,746 |  |  |  | (3,903 | ) |  |  | (2,379 | ) |  |  | 1,464 |
Animation and visual effects technologies |  |  | 5 |  |  |  | 5 |  |  |  | 6,016 |  |  |  | (1,868 | ) |  |  | (1,848 | ) |  |  | 2,300 |
Digital asset library |  |  | 5 |  |  |  | 5 |  |  |  | 7,536 |  |  |  | (1,830 | ) |  |  | (2,185 | ) |  |  | 3,522 |
Intellectual Property |  |  | 7 |  |  |  | - |  |  |  | 828 |  |  |  | (574 | ) |  |  | (254 | ) |  |  | - |
Customer relationships |  |  | 2 |  |  |  | 1.5 |  |  |  | 23,678 |  |  |  | - |  |  |  | (5,920 | ) |  |  | 17,758 |
fuboTV tradename |  |  | 9 |  |  |  | 8.5 |  |  |  | 38,197 |  |  |  | - |  |  |  | (2,122 | ) |  |  | 36,075 |
Software and technology |  |  | 9 |  |  |  | 8.5 |  |  |  | 181,737 |  |  |  | - |  |  |  | (10,097 | ) |  |  | 171,640 |
Total |  |  |  |  |  |  |  |  |  | $ | 389,174 |  |  | $ | (88,059 | ) |  | $ | (62,676 | ) |  | $ | 238,440 |
|  |  |  |  | Weighted Average |  |  | December 31, 2019 |
|  | Useful Lives (Years) |  |  | Remaining Life (Years) |  |  | Intangible Assets |  |  | Intangible Asset Impairment |  |  | Accumulated Amortization |  |  | Net Balance |
Human animation technologies |  |  | 7 |  |  |  | 6 |  |  | $ | 123,436 |  |  | $ | — |  |  | $ | (24,646 | ) |  | $ | 98,790 |
Trademark and trade names |  |  | 7 |  |  |  | 6 |  |  |  | 9,432 |  |  |  | (1,686 | ) |  |  | (1,549 | ) |  |  | 6,197 |
Animation and visual effects technologies |  |  | 7 |  |  |  | 6 |  |  |  | 6,016 |  |  |  | — |  |  |  | (1,203 | ) |  |  | 4,813 |
Digital asset library |  |  | 5-7 |  |  |  | 5.5 |  |  |  | 7,505 |  |  |  | — |  |  |  | (1,251 | ) |  |  | 6,254 |
Intellectual Property |  |  | 7 |  |  |  | 6 |  |  |  | 3,258 |  |  |  | (2,430 | ) |  |  | (236 | ) |  |  | 592 |
Customer relationships |  |  | 11 |  |  |  | 11 |  |  |  | 4,482 |  |  |  | (4,482 | ) |  |  | — |  |  |  | — |
Total |  |  |  |  |  |  |  |  |  | $ | 154,129 |  |  | $ | (8,598 | ) |  | $ | (28,885 | ) |  | $ | 116,646 |
Schedule of Intangible Assets Amortization Expense | The estimated future amortization expense associated with intangible assets is as follows (in thousands):
|  | Future Amortization |
2020 |  | $ | 9,731 |
2021 |  |  | 38,922 |
2022 |  |  | 30,043 |
2023 |  |  | 27,084 |
2024 |  |  | 27,010 |
Thereafter |  |  | 105,650 |
Total |  | $ | 238,440 |
Schedule of Goodwill | The following table is a summary of the changes to goodwill for the three and nine months ended September 30, 2020 (in thousands):
Balance - December 31, 2019 |  | $ | 227,763 |
Deconsolidation of Nexway |  |  | (51,168 | )
Balance - March 31, 2020 |  | $ | 176,595 |
Acquisition of fuboTV |  |  | 562,908 |
Less: transfer to asset held for sale |  |  | (28,541 | )
Balance - June 30, 2020 |  | $ | 710,962 |
Impairment expense |  |  | (148,622 | )
Measurement period adjustment on the fuboTV acquisition |  |  | (68,493 | )
Balance - September 30, 2020 |  | $ | 493,847 |

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