Fubo TV Shareholders Approve Business Combination With Hulu+Live TV

Earlier this year, Disney announced plans to combine its Hulu + Live TV business with Fubo, bringing together both live services to offer a broad set of programming options.

The deal will see Disney own approximately 70% of Fubo. Fubo’s existing management team, led by Fubo Co-founder and CEO David Gandler, will operate the newly combined Fubo and Hulu + Live TV businesses. Fubo and Hulu + Live TV will continue to be available to consumers as separate offerings post-closing, facilitating an enhanced choice of programming packages that address a variety of consumer preferences at attractive price points.

Today, Fubo shareholders approved the deal at a special meeting held today, although the deal remains subject to regulatory approvals and the satisfaction of other customary closing conditions. 

Fubo CEO David Gandler said in a statement regarding the shareholder deal:

“We would like to thank Fubo shareholders for voting to approve our business combination with Disney’s Hulu + Live TV business.  The Transaction remains subject to regulatory approvals and other customary closing conditions, but today we are one step closer to fulfilling our vision of a streaming marketplace that provides consumers with greater choice and flexibility.”

Roger’s Take: With the current political climate in the United States and Disney’s recent issue with the FCC over the “Jimmy Kimmel Live” show, Disney still has some hurdles to overcome to finalise this deal.  While both Disney and Fubo are saying the two services will continue to run separately, honestly, should this deal get finalised, I wouldn’t be surprised if, within a short time, they will eventually merge together, since it makes sense to do so, while also being able to shift the Hulu branding away from live TV, especially as the Video-On-Demand side will also be merging with Disney+ in 2026.

Do you think Fubo and Hulu+Live TV will merge?  Let me know on social media!