FUBO shareholders agree to the Hulu Live TV deal

FUBO, famous live sports television service, Declare On Tuesday, the shareholders agreed to treat him with Disney, where he combined Fubo with Hulu Live TV.

Starting Declare In January, the deal closer to the final touches on an agreement expected to disrupt the broadcasting industry by making Holo a much greater threat to its biggest opponent, YouTube. It is now said on YouTube TV now 10 million subscribersIn a large part of it is the content associated with sports. Hulu Live TV and FUBO together have about 6 million subscribers, so this merger is a step towards closing this competitive gap.

In addition, if implemented well, sports lovers may provide more flexible options. For example, the sources indicate that FUBO may explore the idea of ​​presenting a new package that bears the Hulu brand as a feature in favor of signs, which is characterized by accessing TRO from Disney broadcasting services (Disney+, Hulu and ESPN) without any additional cost. The company recently Declare Launching a slim sports package only at a lower price.

However, the approval obtained at the Fubo shareholders meeting on Tuesday is still awaiting organizational approvals, because the deal will create a larger entity and influencing the market, which reduces the number of independent poured players.

Once the treatment is completed, Disney will have about 70 % of FUBO. However, perhaps with these regulatory approvals in mind, FUBO is that it will remain available to viewers as an independent show. However, Disney unifies this unit under one leader: David Gandler, co -founder and CEO of FUBO, who will supervise the newly integrated FUBO and Hulu Live TV operations.