Disney's Hulu+ Live TV to join forces with Fubo in new deal
A major streaming consolidation is in the works as Disney (DIS) seeks to combine its Hulu+ Live TV service with FuboTV (FUBO, FUBO.MX). The proposed deal would give Disney a 70% majority stake in the new venture, with current Fubo shareholders holding 30%. Additionally, the agreement would settle ongoing legal disputes between Fubo and major media companies Disney, Fox (FOX, FOXA), and Warner Bros. Discovery (WBD). Yahoo Finance Entertainment Reporter Alexandra Canal examines how this strategic merger could reshape the streaming and media industry. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith