The Walt Disney Company and FuboTV Inc. are combining Hulu + Live TV with Fubo, creating a major new player in the virtual MVPD (Multichannel Video Programming Distributor) market. Disney will own 70% of the combined entity, operating under the Fubo name (NYSE: FUBO). Both services will remain available as separate offerings, led by Fubo Co-founder and CEO David Gandler.
Expanded Streaming Options
With over 6.2 million North American subscribers, the combined company will offer flexible programming packages to cater to diverse audiences. Fubo will introduce a Sports & Broadcasting service featuring Disney’s premier sports networks, while Hulu + Live TV will continue to bundle Hulu, Disney+, and ESPN+.
Strengthened Partnership
This merger combines Disney’s resources and Fubo’s innovation, ensuring the new entity is well-capitalized and cash-flow positive from the start. The partnership resolves prior litigation and includes a $220 million cash payment to Fubo and a $145 million term loan from Disney in 2026.
What’s Next?
The transaction is subject to regulatory and shareholder approvals. Details can be found here
