Fubo and Disney Hulu + Live TV Virtual MVPD Businesses Joining Forces

FuboTV Inc. and The Walt Disney Company have joined forces to create an exciting new venture in the world of streaming entertainment. The two companies have agreed to combine Disney’s Hulu + Live TV business with Fubo, resulting in a new virtual MVPD company.

This collaboration means big things for consumers, as it will offer a wider range of programming options and increased flexibility. With a combined 6.2 million subscribers in North America, the new company is set to shake up the streaming industry by providing more choices for viewers.

Under the agreement, Disney will become the majority owner of the new venture, holding approximately 70% of the company. Fubo’s current management team, including CEO David Gandler, will continue to lead the operation of the combined Fubo and Hulu + Live TV businesses.

Both Fubo and Hulu + Live TV allow users to stream a variety of live broadcast and cable networks on a range of devices, from TVs to smartphones. By joining forces, the two companies hope to expand their virtual MVPD offerings and provide even more value to subscribers.

This collaboration is a win-win for consumers, shareholders, and the entire streaming industry. It’s an exciting time for streaming entertainment, and this new venture is sure to bring innovative and high-quality content to viewers everywhere. Stay tuned for more updates on this dynamic partnership.