Disney-owned Hulu has announced a surprise merger with Fubo, essentially putting an end to the lawsuit between the companies.
In a $220m deal, Fubo will combine with Disney's Hulu + Live TV, settling Fubo's 2024 antitrust lawsuit against Disney, Fox and Warners Bros.
TV streaming: You can also stream if you have subscriptions to Spectrum, Optimum, Verizon Fios, DirecTV Stream or fuboTV.
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The deal will create a streaming multichannel video service that is second only to YouTube in scale, while potentially allowing the Venu service to move forward.
As part of the transaction, Disney will fold its Hulu + Live TV business into Fubo, creating a new venture that will be 70% ...
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In many ways, the press release announcing the transaction Monday was typical of the kind that pass through the business news wire on a weekly basis. Fubo and ...