Fubo and Disney’s Hulu + Live TV Merger: What You Need to Know

Fubo and Disney’s Hulu + Live TV are teaming up to create the second-largest digital pay-TV provider in North America! This new joint venture will be 70% owned by Disney and 30% by Fubo, combining their 6.2 million subscribers. But don’t worry, Hulu’s subscription video business is staying separate, so you can still stream your favorite shows at your own pace.

Fubo’s CEO, David Gandler, is thrilled about the partnership, noting that it will give customers more choices and flexibility. Plus, it’s a win for shareholders and the entire streaming industry. Shares of Fubo nearly tripled on Monday, reaching $3.99, and Disney shares went up by about 0.7%.

One cool aspect of this merger is that Fubo will be able to create a new sports and broadcast service, featuring Disney’s top networks like ABC and ESPN. This means more live sports events and popular shows for subscribers. Fubo will continue to stream over 55,000 live sporting events each year, while Hulu + Live TV will be bundled with Hulu, Disney+, and ESPN+.

And the best part? Fubo and Disney have settled all previous legal disputes related to Venu Sports, a sports streaming platform that was causing some drama before. As part of the agreement, Disney will make a cash payment of $220 million to Fubo, with an additional $145 million term loan lined up for 2026.

This new partnership promises to offer viewers even more options and high-quality content from two major players in the streaming world. So get ready to enjoy the best of both Fubo and Hulu + Live TV as they join forces to bring you an even better streaming experience!