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Fubo and Hulu Live TV are officially teaming up.
After some fuss Earlier this year As for the lead deal, it is now a done deal. The two companies Announce On Wednesday they finalized their agreement to merge sports-focused platform Fubo with Hulu’s live TV streaming service, after… A nod of approval from Fubo shareholders last month.
This marks a change in the streaming landscape as the new entity becomes the sixth-largest pay-TV provider in the United States, with nearly 6 million subscribers. This puts the newly combined company in direct competition with YouTube TV, which tops out at about 10 million subscribers.
Although this deal creates a larger entity and affects competition in the market by reducing the number of independent broadcast sources a report Disney and Fubo have received clearance from the Justice Department’s Antitrust Division to proceed with the deal.
One of the highlights is the integration of Fubo’s sports offerings with Hulu’s extensive entertainment library. Together, the platform offers an impressive collection of over 55,000 live sporting events every year, representing a huge draw for sports fans. Additionally, Fubo subscribers will have access to a wide range of popular shows and movies that were previously unavailable to them.
Another benefit of the merger is that it will provide customers with more flexible options. The two companies plan to offer several plan options, including smaller packages and more robust offerings, all at prices that both companies consider competitive.
However, users will still be able to access both platforms separately — Fubo will retain its dedicated app, while Hulu Live TV will remain part of the Hulu platform, which is included in the Disney bundle that includes Hulu, Disney+, and ESPN Unlimited.
Disney will own approximately 70% of the newly combined company’s shares, while existing Fubo shareholders will retain approximately 30%. Additionally, the combined company will have access to a $145 million term loan that Disney agreed to provide to Fubo in 2026 as part of the deal.
This announcement comes on the heels of interesting developments regarding Paramount’s interest in acquiring Warner Bros. Entertainment. Reports It suggests that Paramount CEO David Ellison wants to discontinue HBO Max as a standalone streaming service and consolidate its content and user base into Paramount+.