Fubo settles Disney litigation for Hulu + Live TV merger

FuboTV recently announced an exciting new partnership with Disney that will result in the creation of a new sports and broadcast service. As part of the agreement, Hulu + Live TV will be combined with FuboTV, with Disney becoming the majority owner of the merged entity, controlling 70% of shares.

This collaboration means that FuboTV will have access to a wide range of sports content from Disney-owned networks like ABC, ESPN, and ESPN+. This includes coverage of popular leagues such as the NFL, NBA, MLB, and NHL, among others.

The Founder and CEO of FuboTV, David Gandler, expressed his enthusiasm for the partnership, stating that it will provide consumers with greater choice and flexibility. The merger will also strengthen FuboTV’s balance sheet and position them for positive cash flow.

After a period of legal disputes, FuboTV has settled its litigation with Disney, ESPN, Warner Bros Discovery, and FOX, paving the way for this exciting merger. Both FuboTV and Hulu + Live TV will continue to operate as separate offerings under their existing apps, giving customers more choice and flexibility in their streaming options.

Overall, this partnership is a win-win for consumers, shareholders, and the streaming industry as a whole. Stay tuned for more updates on this exciting development in the world of streaming entertainment!