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How Fubo won big in its fight against giants Disney, Fox, and Warner Bros. Discovery

  • Fubo settled its antitrust lawsuit with Disney, Fox, and Warner Bros. Discovery, dropping allegations about their Venu Sports streaming service.
  • The settlement allows Fubo to merge with Hulu + Live TV, with Disney owning 70 percent of the new distributor.
  • DirectTV and EchoStar expressed concerns that the merger could harm competition in sports streaming.
  • Fubo's stock rose over 250% following the merger announcement, and it received a $220 million settlement plus a $145 million loan from Disney.
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