barnyarddog
22 hours ago
Disney and FuboTV are merging their services to create a new virtual multichannel video programming distributor (MVPD). Disney will own 70% of the combined company, which will operate under Fubo's publicly traded company name (NYSE: FUBO).
How the merger came about
Disney and Fubo were previously on opposite sides of a lawsuit. Fubo sued to block the launch of Venu Sports, a joint streaming venture between Disney, Fox, and Warner Bros. Discovery.
Disney dropped its plans for Venu Sports after reaching an agreement with Fubo. As part of the agreement, Fubo dropped its lawsuit against Disney, Fox, and Warner Bros. Discovery.
What the merger means
The combined company will offer more flexible programming options.
Fubo will create a new Sports & Broadcasting service, featuring Disney's sports and broadcast networks.
Fubo will continue to operate as a publicly traded company.
Antitrust concerns
Senator Elizabeth Warren has urged the Justice Department to carefully scrutinize the deal, saying it presents antitrust concerns.
Generative AI is experimental.
https://www.google.com/search?q=disney+fubo&client=firefox-b-1-d&sca_esv=c96fd65cc805f08a&ei=CQ3PZ-mzH4DXptQP4fuY4As&ved=0ahUKEwip3LnF8f-LAxWAq4kEHeE9BrwQ4dUDCBA&oq=disney+fubo&gs_lp=Egxnd3Mtd2l6LXNlcnAiC2Rpc25leSBmdWJvSABQAFgAcAB4AZABAJgBAKABAKoBALgBDMgBAJgCAKACAJgDAJIHAKAHAA&sclient=gws-wiz-serp
barnyarddog
2 days ago
โWe are also thrilled with the agreement signed earlier this year with The Walt Disney Company to combine Hulu + Live TV with Fubo,โ Gandler and Bronfman Jr remarked.
โWe believe this is a game-changing opportunity to establish a leading streaming company that prioritises consumer choice, flexible packages, and a cutting-edge experience. We will continue to provide periodic updates as the transaction progresses.โ
In addition to the Hulu endeavour, Fubo also plans to create a new sports and broadcasting service which its leadership stress will be โtailored to sports fansโ. The firm plans to launch this in the second half of 2025 to coincide with the winter sports schedule.
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March 4, 2025
https://insidersport.com/2025/03/04/fubo-tv-hulu-merger-2024-revenue/
barnyarddog
2 weeks ago
On January 6, 2025, the Walt Disney Company announced its intent to acquire a 70% stake in Fubo, who will merge with Hulu's live TV service. The combined company will remain public, but will be controlled by Disney shareholders and will be a sister service to Disney+, ESPN+, and the aforementioned Hulu. The merger will take 12 to 18 months according to Disney and Fubo. It is unknown if Disney will acquire Paramount's undisclosed stake.
https://en.wikipedia.org/wiki/FuboTV
barnyarddog
2 weeks ago
Disney's Power Move: Is This the Biggest Streaming Shake-Up Yet?
....But with Disney expanding its streaming empire, regulatory scrutiny is bound to intensify. For investors, the key question isn't just whether this deal goes through, but whether Disney's aggressive consolidation strategy will hold up under mounting legal and political pressure.
Khac Phu Nguyen
Thu, February 20, 2025
https://finance.yahoo.com/news/disneys-power-move-biggest-streaming-165726756.html
Ha, Ha, Ha.
---- To the stratosphere with FUBO.
Show me the tech.
barnyarddog
1 month ago
Venu Sports, a sports streaming service that was supposed to launch from Fox, Warner Bros. Discovery, and Disney's ESPN (DIS).
The three companies first announced the joint venture last year, with an expected price point of $42.99 a month. The service was set to bring together their respective slates of sports rights as media companies attempt to scale their streaming services and achieve profitability.
Ultimately, though, the service was abandoned due to increased regulatory and antitrust concerns.
"Our only disappointment in sports is that we will not be moving forward with [Venu]," Murdoch said on the call. "While the Venu team has done a tremendous amount of truly genius work preparing the digital platform for launch, in the end, the legal distractions around the business became increasingly difficult to bear."
February 4, 2025
https://finance.yahoo.com/news/fox-plans-to-roll-out-its-own-streaming-service-by-end-of-year-162618859.html
barnyarddog
1 month ago
Disney will enter into a new carriage agreement with Fubo that will allow Fubo to create a new Sports & Broadcast service, featuring Disneyโs premier sports and broadcast networks including ABC, ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, as well as ESPN+.
barnyarddog
1 month ago
https://www.fubo.tv/stream/tv/
Fubo is the worldโs only sports-focused live TV streaming service with top leagues and teams, plus popular shows, movies and news for the entire household. Watch 200+ live TV channels, thousands of on-demand titles and more on your TV, phone, tablet, computer and other devices.
barnyarddog
1 month ago
Disneyโs premier sports and broadcast networks including ABC, ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, as well as ESPN+
barnyarddog
1 month ago
In connection with the Transaction, Disney will enter into a new carriage agreement with Fubo that will allow Fubo to create a new Sports & Broadcast service, featuring Disneyโs premier sports and broadcast networks including ABC, ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, as well as ESPN+.
https://thewaltdisneycompany.com/fubo-hulu-live-tv-combine/