Fubo Shareholders Approve Merger with Hulu Live TV

[madmax]

Fubo shareholders approved the company’s merger with Hulu Live TV, a deal that will give Disney majority ownership at roughly 70%. The merger aims to strengthen Hulu as a competitor to YouTube TV, combining Fubo’s 6 million subscribers with Hulu Live TV to expand live sports offerings. David Gandler, Fubo’s CEO, will oversee the merged operations. The deal still requires regulatory approval, but could introduce bundled Disney+, Hulu, and ESPN packages for subscribers.

[jacson4]

Fubo shareholders have approved the Hulu Live TV merger
Disney will own ~70%, combining 6M Fubo subs with Hulu’s base to boost live sports.
CEO David Gandler will lead operations — bundled Disney+, Hulu & ESPN may follow.

[EmTeam]

Big streaming shake-up: Fubo + Hulu Live TV merger gets shareholder nod
Disney gains majority control (70%) as part of strategy vs YouTube TV.
Regulatory review pending, but bundled sports & streaming packages are on the horizon.