Disney Buys 70% Of Fubo, Merges With Hulu + Live TV
- by Wayne Friedman , January 6, 2025
In a deal that will end its public battle including litigation, Walt Disney is buying a majority stake in sports-focused virtual pay TV provider. The deal includes a cash payment to Fubo TV of $220 million.
In February, FuboTV filed a lawsuit against Disney, as well as Fox Corp and Warner Bros. Discovery alleging the companies have been engaging in anti-competitive practices to monopolize the market and increase prices for subscribers.
FuboTV claimed the three companies have been trying to consolidate control over sports television into a single streaming platform that was intended to launch last fall, named Venu Sports.
Under the deal, Disney will own 70% of Fubo. Disney, Fox Corp and Warner Bros. Discovery will make an aggregate cash payment to Fubo of $220 million. Disney is also making a $145 million loan to Fubo as part of the transaction.
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Fubo will be combined with Disney’s Hulu + Live TV business -- totaling a combined 6.2 million North American subscribers. Fubo and Hulu + Live TV will continue to be available to consumers as separate offerings
Fubo co-founder and CEO David Gandler will operate the newly combined Fubo and Hulu + Live TV businesses.
The combined business will operate under the Fubo publicly traded company name (NYSE: FUBO).
All litigation between Fubo, Disney, Fox and Warner Bros. Discovery has been settled.
As part of the agreement, Fubo says it “amends” carriage agreements with Disney, as well as Fox Corp. and will create a new sports and broadcasting service to include ESPN+, among other networks.
More Disney criminal behavior (IMHO) they were able to buy themselves out of, but the circled wagons are getting picked off one-by-one nonetheless.
Can you imagine being one of those fools who supported washed-up dumb-dumb Bobby Igor in that last board vote? LOL, what morons. Double-digit IQ conventional wisdom drones parading as "experts."
2025 is going to be a bloodbath for Disney-owned cinema properties: SNOW WHITE and black CAPTAIN AMERICA "re-imaginings" are both pushing half-a-billion $$$ budgets, after anywhere from 4-6 reshoots for each motion picture ratcheted up the massive spending following test screening disasters all around.
When even your 100% black test audience tells you your new superhero flick is a racist anti-American piece of sh!t, you've got serious problems and CAPTAIN AMERICA: BRAVE NEW WORLD has got serious, serious problems. Meanwhile, the looming SNOW WHITE turd stars the most hated Hollywood actress currently and will lose the Rat Kingdom nine digits, easy.
So whatever. 2025 is going to be another miserable year for the anti-family globalist scum at Disney, both financially and PR-wise. They'll continue to double-down, I'm sure, because they are too vain, arrogant and stupid to do otherwise. Priceless schedenfreude entertainment, the Invisible Hand once again smacking around the Hidden Hand. Burn, baby, burn.
Disney is 100% family-friendly and will still be making a billion dollars no matter what Captain America looks pretty good. Braven was pretty good from Marvel Braven will just be in Marvel movies with other heroes since it didn't do well at the box office. Disney will be just fine they'll have some hit movies this year and some not so good movies.