Fubo’s previous concerns about Disney’s dominance in the sports market seemed to be cast aside as it announced a merger that promises greater programming offerings and enhanced consumer choice.
CEO David Gandler had voiced strong opposition to Disney's monopolistic practices, stating that they aimed to block new competitors and cheat consumers of more choices, yet now praises the merger's potential benefits.
With the merger, Gandler states that it allows Fubo to scale effectively, strengthening their balance sheet and fostering positive cash flow, highlighting a significant turnaround from prior public stances.
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