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Disney and Fubo merge streaming services, combining Hulu + Live TV and FuboTV into a 6.2 million subscriber entity.
Disney and Fubo have agreed to merge their streaming services, Hulu + Live TV and FuboTV, creating a combined entity with 6.2 million subscribers.
Disney will own 70% of the new company, while Fubo will continue to run operations.
The merger ends a lawsuit over Venu Sports and allows Fubo to create a new sports service featuring Disney's networks like ESPN and ABC.
The deal is subject to regulatory approval and shareholder consent.
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Disney y Fubo fusionan servicios de streaming, combinando Hulu + Live TV y FuboTV en una entidad de 6,2 millones de suscriptores.