Fubo and Disney’s Hulu + Live TV Virtual MVPD Businesses to Combine
FuboTV Inc. (NYSE: FUBO) and The Walt Disney Company (NYSE: DIS) today announced that they have entered into a definitive agreement for Disney to comb
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Think there may be some regulatory hurdles, but this is a big one as it combines two of the biggest live sports streamers (Disney/ESPN/Hulu and FuboTV).
More consolidation in the industry - higher prices incoming.
One potential positive is that as part of the merger, Fubo is dropping/settling its suit to prevent the Fox/Disney/Warner joint venture for a sports-only streaming platform that is supposed to carry all the pro leagues and college. Hopefully that means no more subsidizing cable streamers or news stations - just sports at reportedly less than $45 a month as of last year - will need to see how this merger impacts that pricing (it aint gonna go down, folks).
