Disney Acquires FuboTV, Merges with Hulu
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Walt Disney is merging its Hulu + Live TV business with Fubo , which will give the House of Mouse a controlling 70% ownership stake in the smaller company.
This is an unusual deal, but it lets the smaller business operate under a separate business structure.
The Disney transaction could be just what FUBoTV needed to stake a claim in the streaming sports coverage arena.
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