Fubo & Hulu Live Close Merger; Will Stay As Separate Services

By Phillip Swann
The TV Answer Man – Follow me on X.

Fubo and Disney announced today that they have closed the planned combining of Fubo’s business with Disney’s Hulu Live TV business. Disney will own 70 percent of the new combined entity with Fubo holding 30 percent

The companies said Fubo and Hulu Live will continue to be available as separate services with different plans and prices rather than becoming one service. In addition, Hulu Live will continue to be offered in the Hulu app and as part of a bundle with Disney+ and ESPN Unlimited.

David Gandler, Fubo’s CEO, will also be CEO of the new Hulu Live/Fubo business. Gandler said the combining of the two businesses will allow Fubo to streamline operations and increase profits. The plan to merge the two was first announced last January.

“Since Fubo’s founding a decade ago, our vision has always been to build a consumer-first streaming platform defined by innovation and value,” Gandler said in a press release. “Together with Disney, we’re creating a more flexible streaming ecosystem that gives consumers greater choice, while driving profitability and sustainable growth.

Fubo said the two businesses now have nearly six million subscribers. That would make it the second largest live streaming service. YouTube TV is first with roughly 10 million subs.

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