Fubo Shareholders Approve Hulu + Live TV Deal
Fubo said Tuesday that its shareholders voted to approve the Disney deal that will combine the streaming platform with Hulu + Live TV. The transaction was announced in January (see 2501060003). Disney will own 70% of Fubo, and the latter's…
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management team will operate the Fubo and Hulu + Live TV businesses, Fubo said. The two services will continue to be available to consumers as separate offerings. The deal still needs regulatory approval, the company noted.