Disney Hulu Live TV Merge With FuboTV: What You Need To Know
The Walt Disney Company just announced an exciting merger between Hulu + Live TV and FuboTV, a sports-heavy streaming service. This partnership will create a new virtual MVPD company, though we’re still waiting on an official name for it.
In this merger, Disney will own 70% of the new company, which will be led by Fubo’s co-founder and CEO, David Gandler, along with their current management team. This move will give consumers access to a wide range of programming options, pending regulatory approvals, Fubo shareholder consent, and other closing conditions.
Gandler expressed his enthusiasm for this agreement, noting that it will help Fubo scale effectively, strengthen their financial position, and set them up for positive cash flow. It’s a win-win for consumers, shareholders, and the entire streaming industry.
Disney’s EVP and head of corporate development, Justin Warbrooke, highlighted that this collaboration will allow both Hulu + Live TV and Fubo to enhance their virtual MVPD offerings, providing users with more choices and flexibility. The confidence in Fubo’s management team to grow the business and deliver high-quality content that subscribers want was also emphasized.
As part of the deal, Disney will enter a new carriage agreement with Fubo, enabling the launch of a sports and broadcast service that includes major networks like ABC, ESPN, and ESPN2, among others. Additionally, Disney, Fox, and Warner Bros. Discovery will collectively make a cash payment of $220 million to Fubo, with Disney committing to provide a $145 million term loan to Fubo in 2026.
Exciting times are ahead for fans of Hulu + Live TV and FuboTV as this merger aims to bring more content and value to subscribers!
