Disney and FuboTV on Monday announced a planned merging of Hulu Live + TV and Fubo. Disney will have a 70% ownership stake in Fubo when the deal closes.
Fubo will be combined with Hulu's live TV service and offer a new streaming package with ABC and ESPN channels.
The deal will create a streaming multichannel video service that is second only to YouTube in scale, while potentially allowing the Venu service to move forward.
Hulu + Live TV and Fubo will combine into one publicly traded company — Fubo. While Disney will own the majority of the company and its board, Fubo management, including co-founder and CEO David ...
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Disney's Hulu + Live TV and sports streaming service Fubo are combining in a deal that will also see the settlement of a ...