FuboTV Inc. FuboTV (FUBO) shares climbed Thursday after the sports-focused streaming platform announced a new distribution agreement with NBCUniversal, ending an eight-month blackout that had left subscribers without access to popular channels.

NBCUniversal Channels Return to Fubo

The agreement brings back NBCUniversal's portfolio of sports, entertainment, and Spanish-language channels, including NBC, Telemundo, Universo, Bravo, and regional sports networks. It also adds the new NBC Sports Network and additional free ad-supported streaming television (FAST) channels that will launch in the coming weeks.

The deal marks the end of a dispute that began in November 2025, when NBCUniversal pulled its programming from Fubo after the companies failed to agree on new carriage terms. At the time, Fubo accused NBCUniversal of demanding multi-year commitments tied to cable networks that were set to be spun off into a separate company, known as Versant. The company also alleged that NBCUniversal was blocking its efforts to offer a lower-cost sports-focused package and was treating the platform differently from rivals by refusing to allow direct integration of Peacock into Fubo's channel store.

FuboTV Sports Offering Gets a Boost

The restoration of NBCUniversal's channels is significant for Fubo, whose value proposition centers on live sports. The return of NBC-owned regional sports networks and the new NBC Sports Network strengthens Fubo's sports lineup ahead of key upcoming programming.

"We're thrilled to announce the return of NBCUniversal networks to Fubo, given their robust portfolio of top-tier sports, entertainment, and news," Todd Mathers, Fubo's executive vice president of content strategy and acquisition, said in a statement. Mathers said the agreement reinforces the company's strategy of offering consumers greater programming choice through multiple subscription packages.

Content Available Across Subscription Plans

Customers will be able to access NBCUniversal content through several Fubo plans, including its base English-language package, Latino plan, and Fubo Sports service.

For investors, the agreement removes a major content-related overhang and restores access to some of the most-watched sports and entertainment programming on the platform, a development that appears to be driving Thursday's gains in Fubo shares.

FuboTV Price Action

FUBO Price Action: FuboTV shares were up 3.06% at $10.28 at the time of publication on Thursday, according to market data.