This combination will allow both Hulu + Live TV and Fubo to enhance and expand their virtual MVPD offerings and provide consumers with even more choice and flexibility," said Justin Warbrooke, Disney's executive vice president and head of corporate development, in a statement. "We have confidence in the Fubo management team and their ability to grow the business, delivering high-quality offerings that serve subscribers with the content they want and offering great value.
The short and sweet of it: Disney's Hulu + Live TV businesses are combining with Fubo, and Disney will control 70% of the new service. Fubo's management team will lead the new operation, which will operate under Fubo, and both Fubo and Hulu + Live TV will remain available as separate services to customers.
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