11 sources·Business

Disney Merges with Fubo to Create New Streaming Powerhouse

Disney announces merger with Fubo, gaining a 70% stake, incorporating Hulu + Live TV while settling antitrust lawsuits and enhancing sports offerings.

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Updated: Jan 6th, 2025, 7:36 PM ET

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Disney has finalized a merger agreement with Fubo, gaining a 70% stake and merging Hulu + Live TV with Fubo's sports streaming platform. The new entity will maintain separate subscriptions for both services while expanding Fubo’s offerings to include multiple Disney sports networks. The merger resolves previous litigation surrounding antitrust allegations against Disney and partners Fox and Warner Bros Discovery, with a $220 million settlement. Regulatory approval is required, and the deal is expected to finalize in 12 to 18 months.

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