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Disney to combine its Hulu+ Live TV with streamer Fubo

  • Disney's Hulu + Live TV and Fubo are merging, with Disney holding a 70% stake in the new company, which will operate under Fubo's name and management team.
  • The combined service will have 6.2 million subscribers, making it the second largest streaming pay TV provider after YouTube TV.
  • As part of the agreement, Disney, Fox, and Warner Bros. Discovery will pay Fubo $220 million, and Disney will provide a $145 million loan to Fubo through 2026.
  • Fubo's CEO, David Gandler, stated that the combination will offer consumers greater choice and flexibility while strengthening Fubo's balance sheet.
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