Disney Merges Hulu + Live into Fubo and Settles Venu Suit
Disney and FuboTV have come together to create a powerhouse in the world of online live TV. By combining their services, they are now the second-largest digital pay-TV provider, just behind YouTube TV. In this new venture, Disney will have a 70% stake, with Fubo owning the remaining 30%.
With a total of 6.2 million subscribers in North America, this merger will surely make waves in the streaming entertainment world. Disney will be folding its Hulu + Live TV business into Fubo, to create a new and exciting platform for users to enjoy.
It’s important to note that this deal does not include Hulu’s subscription video business, which operates separately. Customers who pay a fee to stream content through Hulu will not be affected by this merger.
Overall, this partnership between Disney and FuboTV is sure to bring new and innovative options for online live TV viewers. YouTube TV may have some competition on its hands with this dynamic duo on the scene!