Disney's Hulu Live + TV and Fubo to combine
Published On Jan 6, 2025, 10:20 AM
Disney has announced a merger between its Hulu Live + TV service and FuboTV, with Disney acquiring a 70% stake in the combined entity, which will operate under the Fubo name. This merger is expected to enhance programming choices and consumer pricing in the live TV streaming market. The deal will allow consumers to continue accessing both Hulu Live + TV and Fubo as separate options.
Stock Forecasts
AI prediction results, not representative of any investment advice.
FUBO
Positive
This merger between Disney's Hulu Live + TV and FuboTV could provide a stronger competitive edge in the live streaming market, leading to potential growth in viewership and subscriber numbers. The integration may also improve operational efficiencies and expand Disney's footprint in the streaming service market.