Disney to combine Hulu + Live TV with Fubo, becoming 70% owner of combined vMVPD company

FuboTV Inc.

Disney will own 70% of Fubo post-closing; Fubo CEO David Gandler remains at helm.
Combined Fubo and Hulu + Live TV have over 6.2M North American subscribers.
Fubo gets $220M aggregate cash payment from Disney, Fox, and Warner Bros. Discovery.
Disney commits $145M term loan to Fubo in 2026; $130M termination fee if regulatory approval fails.
All litigation with Disney, ESPN, Fox, and Warner Bros. Discovery settled; Venu Sports dispute resolved.

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