Disney to Merge Hulu Live TV and Fubo: What You Need to Know

Good news for streaming TV fans: Fubo and Disney are teaming up! The merger between Fubo and Disney’s Hulu Plus Live TV service is causing quite the buzz, with Fubo’s stock prices soaring. Together, they boast a whopping 6.2 million subscribers, making them the second-largest streaming pay TV provider in the country, just behind YouTube TV.

In this exciting partnership, Disney will own 70 percent of Fubo, but don’t worry, Fubo’s management will still be calling the shots when it comes to operations. As part of the deal, Fubo will be dropping its lawsuit against Venu Sports, a streaming collaboration between Disney, Fox Corporation, and Warner Brothers Discovery. And the cherry on top? Fubo is set to receive a cool $220 million from the companies.

Disney is also stepping up by providing Fubo with a $145 million loan through 2026. It’s important to note that this merger does not include the Hulu subscription service, so Hulu users can rest easy. This merger is set to shake things up in the streaming world, so keep an eye out for more exciting developments to come!