Fubo Clears Another Hurdle to Merge With Disney’s Hulu + Live TV
Fubo shareholders have approved a deal with Disney to merge its business with the video service Hulu With Live TV to shake up the streaming TV business. The approval secured at a special meeting of shareholders held by Fubo on Tuesday still requires regulatory approvals and other customary closing conditions for a deal that aims…
Fubo shareholders have approved a deal with Disney to merge its business with the video service Hulu With Live TV to shake up the streaming TV business.
The approval secured at a special meeting of shareholders held by Fubo on Tuesday still requires regulatory approvals and other customary closing conditions for a deal that aims to create a much bigger player in the virtual multichannel video provider to challenge market leader YouTube TV.
The specific vote by Fubo shareholders on the business combination first announced in January 2025 will become available with a filing with the Securities and Exchange Commission yet to be made public.
Once the transaction is completed, a new company will continue to trade publicly under the Fubo name, while Disney will control 70 percent of the combined business and appoint a majority of the board. Fubo management, including co-founder and CEO David Gandler, will run the newly combined Fubo and Hulu + Live TV businesses.
Fubo and Hulu + Live TV will continue to be available to consumers under distinct brands post-closing, with Hulu continuing to be available in the larger Disney bundle.
“We would like to thank Fubo shareholders for voting to approve our business combination with Disney’s Hulu + Live TV business,” Gandler said in a statement on Tuesday. “The transaction remains subject to regulatory approvals and other customary closing conditions, but today we are one step closer to fulfilling our vision of a streaming marketplace that provides consumers with greater choice and flexibility.”
