Disney and FuboTV to Merge Live TV Streaming Services

 Disney and FuboTV to Merge Live TV Streaming Services

Disney (DIS) will combine its Hulu + Live TV business with sports streamer FuboTV (FUBO) in the first major media dealmaking move of 2025.

According to a press release, Disney will control 70% of Fubo. Shareholders of the sports streamer will own the remaining 30% of the combined business, which will operate under the Fubo publicly traded company name.

In conjunction with the transaction, Fubo settled all litigation with Disney, Fox (FOX), and Warner Bros. Discovery (WBD) related to Venu Sports, the planned sports streaming platform previously announced by the trio.

Shares of Fubo surged over 100% in early trading Monday on the heels of the announcement. Disney, Fox, and WBD shares were all up about 1%.

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