Disney Approaches Merger Deal to Combine Hulu + Live TV with Fubo
competition and driving up prices. A district court judge found that Fubo is likely to succeed in its antitrust claims and issued the injunction temporarily barring Venu’s launch.
The three media majors will ask the U.S. Court of Appeals on Monday to reverse the ruling that blocked Venu’s launch.
The Bloomberg report said the deal does not include Hulu’s subscription video streaming business. While Hulu offers a library of on-demand streaming content, Hulu + Live TV provides consumers with access to Hulu content, along with more than 90 live TV channels.
An ad-supported Hulu + Live TV plan, which comes with content from Disney+ and ESPN+, is priced at $82.99 per month. Hulu also offers a “Live TV Only” option, which does not include the Hulu streaming library or access to Disney+ or ESPN+, for $81.99 a month.
It’s exciting news in the streaming world as Disney and FuboTV are getting close to merging their live TV services. Disney is looking to combine Hulu + Live TV into FuboTV, creating a new venture that will be 70% owned by Disney and the rest by FuboTV, according to Bloomberg News.
FuboTV’s shares had taken a hit in 2024, but with this potential deal, there’s a surge in premarket trading. This merger could mean big things for the future of sports streaming as FuboTV plans to drop its legal claims against Disney and other major companies.
It’s a step towards more accessible and comprehensive streaming options for consumers. Stay tuned for more updates as this exciting development unfolds.
