Disney Acquires Majority Stake in FuboTV to Form a New Streaming

Disney Acquires Majority Stake in FuboTV to Form a New Streaming

fuboTV Inc. BATS:FUBO



The Walt Disney Company (DIS) will merge its Hulu + Live TV operations with FuboTV Inc. (FUBO), taking a 70% controlling stake. The combined entity will serve 6.2 million customers with an expected annual revenue of $6 billion, making it the second-largest online pay-TV provider in North America.

3 entry points, ABC trade
Trailing 1 runner

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