Disney Deal Rockets Fubo Stock 29% – What’s Next as Sports Streaming Soars?
Disney Alliance Transforms Fubo’s Outlook FuboTV’s combination with Disney’s Hulu Live marks a game-changing alliance in the streaming wars. The merger, announced in January and now completed in late October, instantly scales up Fubo’s business. The combined entity boasts nearly 6 million subscribers, making it the 6th largest pay-TV provider in the U.S. (behind only giants like YouTube TV) investing.com. Under the deal, Disney took a ~70% ownership stake, while existing Fubo shareholders retain ~30% investing.com. “Together with Disney, we’re creating a more flexible streaming ecosystem that gives consumers greater choice, while driving profitability and sustainable growth,” said Fubo co-founder
