Disney Hulu Live TV and Fubo Combine for Expanded Streaming Options

Disney and FuboTV recently shared exciting news about their planned merger. The popular Hulu Live + TV service will be combining forces with Fubo to create a new virtual multichannel video programming distributor (MVPD) company. This new company will operate under the name of the publicly traded Fubo.

Disney will hold a 70% ownership stake in Fubo after the merger. This collaboration aims to offer a wider range of programming packages to consumers, catering to various preferences, all at attractive price points. Even after the merger, consumers will still have the option to access Fubo and Hulu + Live TV as separate offerings.

This announcement caused Fubo shares to surge on Monday morning, reflecting the excitement in the market about this new venture. Stay tuned for more updates on this exciting partnership.