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.
This story is from the January 07, 2025 edition of Mint New Delhi.
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This story is from the January 07, 2025 edition of Mint New Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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