General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDisney Agrees to Merge Hulu + Live into Fubo, Settles Venu Suit
Walt Disney Co. and streaming provider FuboTV Inc. agreed to combine their online live TV businesses, creating the second-biggest digital pay-TV provider.
As part of the transaction, Disney will fold its Hulu + Live TV business into Fubo, creating a new venture that will be 70% owned by Disney and the rest by Fubo, Disney said in a statement on Monday, confirming an earlier Bloomberg report. With a combined 6.2 million subscribers in North America, the new venture will trail only YouTube TV.
The deal doesnt include Hulus subscription video business, in which customers pay a fee to stream a catalog of content at their leisure. The TV venture will continue to operate under two brands: Fubo and Hulu + Live TV.
Fubo co-founder and Chief Executive Officer David Gandler will operate the newly combined Fubo and Hulu+ Live TV business.
https://www.bloomberg.com/news/articles/2025-01-06/disney-is-said-to-near-deal-to-merge-hulu-live-into-fubo
Renew Deal
(83,331 posts)And how does that impact the price?