Media and Entertainment
Media and Entertainment
Disney nears deal to merge Hulu + Live TV business into Fubo, Bloomberg News reports
- Walt Disney Co and streaming provider FuboTV are nearing a deal to combine their online live TV businesses, Bloomberg News reported on Monday, citing people familiar with the matter.
Disney is reportedly in advanced talks to merge its Hulu live TV business with Fubo, a sports-focused streaming service, according to Bloomberg News. This potential deal aims to enhance Fubo's offerings by integrating Hulu's extensive content library, which includes popular shows and movies, into Fubo's platform. The merger could provide Fubo with a competitive edge in the crowded streaming market by combining Hulu's entertainment content with Fubo's sports-centric approach. However, the specifics of the deal, including financial terms and the exact integration process, remain undisclosed. This move comes as part of Disney's broader strategy to streamline its streaming services and bolster its position in the direct-to-consumer market.
Read the Full Reuters Article at:
[ https://www.reuters.com/business/media-telecom/disney-nears-deal-merge-hulu-live-tv-business-into-fubo-bloomberg-news-reports-2025-01-06/ ]
Read the Full Reuters Article at:
[ https://www.reuters.com/business/media-telecom/disney-nears-deal-merge-hulu-live-tv-business-into-fubo-bloomberg-news-reports-2025-01-06/ ]
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