Disney and Fubo merge to create $6 billion streaming entity to compete with YouTube TV

From Nasdaq: 2025-01-06 11:15:23

Disney merges Hulu + Live TV with FuboTV, creating a $6 billion entity with 6.2 million subscribers. The deal settles antitrust disputes and gives Fubo $220 million in cash. Disney’s 70% stake enhances content offerings, including ESPN. Venu Sports, a joint venture, will launch soon, intensifying competition with YouTube TV.

The merger strengthens Disney’s streaming presence and Fubo’s financial standing. Disney’s majority stake leverages its content portfolio for growth. Fubo benefits from cash infusion and legal resolution for Venu Sports launch. The partnership enhances Fubo’s market position and creates synergies for long-term success in streaming.



Read more at Nasdaq: Disney and Fubo Merge to Rival YouTube TV in Streaming