Fubo and Disney close Hulu + Live TV combination; Disney holds ~70% stake

FuboTV Inc.

Disney holds approx. 70% interest in combined company; existing Fubo shareholders hold ~30%.
Combined entity has nearly 6M subscribers, becoming the 6th largest Pay TV company in the U.S.
David Gandler remains CEO; Andy Bird appointed Chairman of the Board.
Combined company expects cost and revenue synergies; Disney committed $145M term loan for 2026.
Fubo changes fiscal year end to September 30; ticker remains FUBO.

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