Disney and Fubo have merged their Hulu + Live TV and Fubo services, creating a new streaming giant with 6.2 million North American subscribers. Disney will own 70% of the new company, which will operate under Fubo’s publicly traded company with the stock symbol FUBO. The merger injects $220 million in cash into Fubo immediately, with an additional $145 million term loan available in January 2026. This deal also settles all litigation between Fubo, Disney, Fox, and Warner Bros. Discovery over the Venu Sports streaming joint venture. The combined company is expected to generate $6 billion in revenue and become cash flow positive instantly. Fubo’s stock surged over 200% before the market opened, reaching about $4.40 per share. The merger aims to enhance consumer choice with more flexible programming, including sports, news, and entertainment bundles. The new entity will be governed by a board with a majority appointed by Disney, and Fubo’s existing management will continue to lead the operations.
Source: deadline.com















