The combination creates the second-biggest internet pay-TV company in North America, behind YouTube TV, with around $6 billion in revenue and 6.2 million subscribers.
Disney will hold a 70% majority stake in the venture, which will be led by Fubo chief executive and co-founder David Gandler. The deal excludes Hulu's mainstay video-streaming business.
Denne historien er fra January 07, 2025-utgaven av Mint Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 07, 2025-utgaven av Mint Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Expectations of safeguard duty drive up steel prices
DGTR last week suggested a 15% duty on the alloy to protect India from cheap imports
Nivara gets ₹245 cr in a round led by True North
Nivara Home Finance Ltd has raised ₹245 crore in its series B round led by private equity firm True North.
Vedantu preps for IPO in 1-2 yrs as offline expansion drives growth
The company's consolidated operating revenue rose 21% y-o-y in FY24, while it cut its losses by 58%
Intel's New CEO Plots Overhaul of Manufacturing and AI Operations
Intel's incoming chief executive officer (CEO), Lip-Bu Tan, has considered major changes to its chip manufacturing methods and artificial intelligence (AI) strategies ahead of his return to the company on Tuesday, two people familiar with Tan's thinking told Reuters, in a sweeping bid to revive the ailing technology giant.
Shows with high viewership aren't always audience favourites
Some shows on streaming platforms may have gained high viewership from the hype built around them and generous marketing spends, but these web originals don't necessarily become audience favourites.
Creditors Invoke Promoters' Shares as Gensol Tanks 68%
Three creditors wrested 6.96% of the pledged shares as founders failed to provide collateral
HDFC Life: Tad ahead of the rest
Life insurance companies have posted disappointing numbers for February. Life Insurance Corp. of India Ltd (LIC) is the biggest drag. It still accounts for nearly one-third of the industry's total annual premium equivalent (APE) based on FY25 data till date, so any significant drop in its performance has a big impact on total industry data.
US Will Find It Hard To Walk The Talk, Face Worst Recession Of My Lifetime
The recent slump in the US stock markets has raised concerns about President Donald Trump's economic policies on tariffs, immigration crackdowns and federal budget cuts.
Meta vs CCI: NCLAT to rule on WhatsApp data privacy dispute
NCLAT to decide whether to hear Meta's appeal before or after the new data protection rules take effect
Chase for chill to lift summer-driven biz
Forecast spells demand for beverages, fans, air-conditioners
