From Financial Modeling Prep: 2025-01-07 06:07:42

Walt Disney Co. and FuboTV Inc. have merged their live TV streaming operations, creating a major competitor in the digital pay-TV market. Disney will own 70% of the new venture, with FuboTV owning 30%. The combined services will cater to 6 million subscribers, making it the second-largest digital pay-TV provider after YouTube TV.

The merger excludes Hulu’s SVOD service and both Hulu + Live TV and Fubo will operate as distinct brands. FuboTV plans to withdraw its legal claims against Disney, Fox Corp., and Warner Bros. Discovery. FuboTV’s stock surged nearly 200% in pre-market trading following the announcement, reflecting investor optimism.

This merger matters as it strengthens both platforms, offering consumers a comprehensive alternative to traditional cable. It also paves the way for launching a sports streaming platform and marks a shift towards consolidation in the streaming landscape. Monitoring market trends, financial analysis, and subscriber growth metrics will be key to evaluating the impact of this merger.



Read more at Financial Modeling Prep:: Disney and FuboTV Merger: Reshaping the Digital Pay-TV Landscape