Tue Nov 04 01:10:00 UTC 2025: FOR IMMEDIATE RELEASE

Disney and Fubo Complete Landmark Merger, Creating Streaming Powerhouse

NEW YORK, NY – Disney and Fubo today announced the successful completion of their merger, combining Hulu + Live TV operations with Fubo. Under the terms of the agreement, Disney now holds a 70% controlling stake in the newly formed entity, while existing Fubo shareholders retain approximately 30%.

This strategic alliance immediately positions the combined Fubo and Hulu + Live TV as the second-largest virtual pay-TV provider in the United States, boasting a subscriber base of nearly 6 million across North America. This puts them in direct competition with Google’s YouTube TV, which currently leads the market with over 10 million subscribers.

“Today’s announcement brings together two industry-leading brands and a compelling set of resources that uniquely position us to meet the evolving needs of today’s consumer,” said Andy Bird, the new independent chairman of Fubo and former chairman of Walt Disney International.

The merger was officially announced in January, which led to Fubo dropping its antitrust lawsuit against Disney, Fox, and Warner Bros. Discovery over their proposed sports-focused streaming venture, Venu Sports. The Justice Department’s Antitrust Division has cleared the transaction.

Both Fubo and Hulu + Live TV will continue to operate as distinct services, offering consumers a range of plans and price points. Hulu + Live TV will remain integrated within the Hulu app and offered as part of the Disney bundle. The combined company will offer viewers access to over 55,000 live sporting events, and entertainment-focused programming.

Fubo Co-founder and CEO David Gandler will continue to lead the combined business. “Together with Disney, we’re creating a more flexible streaming ecosystem that gives consumers greater choice, while driving profitability and sustainable growth,” Gandler stated.

As part of the deal, the Fubo advertising sales group will transition to Disney’s advertising sales organization. The new entity expects to realize cost savings through content cost savings by creating more flexible programming packaging, advertising optimization, and sales and marketing opportunities.

The new Fubo board includes a mix of media and business leaders including Gandler, Daniel Leff (Waverly Capital), Ignacio Figueras (renowned polo player), Jonathan Headley (Disney), Jim Lygopoulos (Disney), Debra OConnell (Disney), Cathleen Taff (Disney), and Justin Warbrooke (Disney).

Fubo has also announced a change to its fiscal year-end, now set for September 30th, with the combined company’s first full year following closing ending September 30, 2026.

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