Reported 2 days ago
Walt Disney Co has announced a merger of its Hulu + Live TV business with FuboTV, with Disney retaining a 70% ownership stake in the new entity. This transition will see the combined operations functioning under the Fubo brand, led by its existing management team. The merger also resolves ongoing litigation between Fubo and major media companies over antitrust concerns related to a competing sports streaming platform.
Source: YAHOO