Disney is acquiring a 70% stake in Fubo, combining Hulu + Live TV with Fubo to create a major MVPD player.
The deal is expected to close in the fourth quarter of 2025 or the first quarter of 2026, pending regulatory and shareholder approvals.
The combined company will have over 6.2 million subscribers, strengthening Disney's position in the live TV streaming market.
Fubo will continue to operate under its existing brand and management, led by CEO David Gandler.
The acquisition follows Fubo's legal challenge against Disney, Fox, and Warner Bros. Discovery over their proposed sports streaming venture, Venu. Why this matters: This acquisition allows Disney to control a larger share of the live TV and sports streaming market, positioning it to compete more effectively with rivals like YouTube TV and traditional cable providers. It also provides Fubo with much-needed scale, capital, and content leverage.
Disney's strategic acquisition of a controlling stake in Fubo marks a significant shift in the streaming landscape. By merging Hulu + Live TV with Fubo, Disney aims to dominate the live TV and sports streaming market. This move is not just about acquiring subscribers; it's about controlling the distribution and monetization of live content.
The deal gives Disney the ability to shape the future of sports distribution, offering bundled, a la carte, or entirely new streaming options. For Fubo, this partnership provides the scale and stability needed to compete with larger players like Alphabet and Comcast. The combined company reported pro forma revenue of $1.56 billion for the March 2025 quarter, demonstrating the potential financial strength of the merger.
However, the deal still requires regulatory approval and the consent of Fubo stockholders. Even if the acquisition is successful, integrating the two platforms and achieving profitability will be a challenge. The streaming market is increasingly competitive, and Disney will need to leverage its content and technology effectively to succeed.
Q: What does this mean for current Hulu + Live TV subscribers?
Hulu + Live TV will continue to be available as a standalone offering and as part of the Disney bundle (Hulu, Disney+, and ESPN+).
Q: Will Fubo still exist as a separate service?
Yes, Fubo will continue to operate under its own brand and management.
Q: When is the deal expected to close?
The deal is expected to close in late 2025 or early 2026, pending regulatory and shareholder approvals.
Q: What are the benefits of this deal for Disney?
Disney gains a larger subscriber base, greater control over live TV and sports streaming distribution, and the ability to compete more effectively in the streaming market.
Disney is acquiring a controlling stake in Fubo, merging Hulu + Live TV with the platform.
The deal is expected to close in late 2025 or early 2026.
The combined company will have over 6.2 million subscribers.
Fubo will continue to operate under its existing brand and management.
This acquisition strengthens Disney's position in the live TV and sports streaming market.
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