Overview
- Disney holds an approximately 70% stake in the newly combined company, with existing Fubo shareholders retaining about 30%.
- Fubo and Hulu + Live TV remain separate services in their respective apps with multiple plan tiers and a lineup that includes more than 55,000 live sporting events.
- Fubo co-founder and CEO David Gandler will operate the live-TV business, with former Disney executive Andy Bird serving as independent chairman and several Disney executives joining the board.
- The Fubo ad sales team is moving into Disney’s advertising organization, and the company cites expected savings from flexible programming packages along with a committed $145 million term loan in 2026.
- The transaction followed settlement of Fubo’s antitrust suit over the defunct Venu Sports JV and received Justice Department antitrust clearance according to reports.