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Intangible Assets and Goodwill (Tables)
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

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

 

   Useful   Weighted Average Remaining   December 31, 2021 
   Lives
(Years)		   Life (Years)   Intangible Assets   Accumulated Amortization   Net Balance 
Customer relationships  2   2.2   $32,965   $(21,105)  $11,860 
Tradenames   2-9   7.2    38,876    (7,455)   31,421 
Software and technology  3-9   8.7    195,852    (35,572)   160,280 
Gaming licenses and market access fees  2-5   4.8    14,951    (326)   14,625 
Total          $282,644   $(64,458)  $218,186 

 

       

Weighted

Average

   December 31, 2020 
   Useful

Lives

(Years)

     Remaining

Life

(Years)

   Intangible Assets   

Intangible Asset Impairment

     Accumulated Amortization   Net Balance 
Human animation technologies  5     -   $

123,436

    $ (85,281 )   $

(38,155

)  $- 
Trademark and trade names  5     -    

7,746

      (5,294 )    (2,452)   - 
Animation and visual effects technologies  4     -    

6,016

      (4,024 )    

(1,992

)   - 
Digital asset library  4     -    7,536       (5,131 )    (2,405

)   - 
Intellectual property  7     -    828       (574 )    (254

)   - 
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            $389,219    $ (100,304 )   $(72,466)  $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):

 

   Future Amortization 
2022   38,599 
2023   35,129 
2024   30,184 
2025   28,907 
2026   28,675 
Thereafter   56,692 
Total  $218,186 
Schedule of Goodwill

The following table is a summary of the changes to goodwill for the years ended December 31, 2021 and 2020 (in thousands):

 

   December 31, 
   2021   2020 
Beginning balance  $478,406   $227,763 
Deconsolidation of Nexway   -    (51,168)
Acquisition of fuboTV   -    478,406 
Less: Sale of Facebank AG   -    (28,541)
Impairment expense   -    (148,054)
Vigtory acquisition   10,683    - 
Molotov acquisition   128,468    - 
Edisn acquisition   

12,501

      

Foreign currency translation

   211    - 
Ending balance  $630,269   $478,406