FuboTV Shareholders Approve Merger with Disney's Hulu + Live TV
Shareholders of FuboTV have given the green light for a merger with Disney's Hulu + Live TV business, marking a significant move in the streaming television sector. The deal, approved on September 30, 2025, will see Fubo's common stock convert into Class A Common Stock and continue trading under the ticker symbol FUBO.
The merger, subject to regulatory approvals and other customary closing conditions, is expected to close soon. Disney will own approximately 70% of the combined entity, with Fubo's existing management team continuing to run both platforms. Fubo, a 'sports-first cable TV replacement product,' aggregates over 400 live sports, news, and entertainment networks. The deal represents a strategic move by platforms seeking scale advantages through consolidation.
Upon completion, both Fubo and Hulu + Live TV will remain separate offerings for consumers, providing an enhanced choice of programming packages at attractive price points. David Gandler, Fubo's co-founder and CEO, will continue leading the combined businesses. The Fubo-Hulu merger may eventually lead to consolidated advertising offerings, though specific plans regarding advertising sales integration have not been announced.
The Fubo-Hulu merger, approved by shareholders, is set to reshape the streaming television landscape. With regulatory approvals pending, the combined entity is poised to offer consumers more choice and potentially revolutionize connected TV advertising, with spending projected to reach $33.35 billion in 2025.
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