Hulu and sports-forward streamer Fubo are settling aside some legal differences and teaming up in order to launch yet another new platform for you to subscribe to.
Last year, Fubo filed a lawsuit against Disney (which co-owns Hulu), Fox, and Warner Bros. Discovery last year on grounds that the studios’ plan for Venu Sports, a new sports streaming service, was anticompetitive. But today, Fubo announced that it has reached an agreement with Disney to merge Hulu + Live TV and the entire Fubo platform to create a new multichannel video programming distributor. Going forward, Disney will own about 70 percent of the new venture, which will be headed up by Fubo’s co-founder and CEO David Gandler. Hulu’s core video subscription service will also continue to operate independently.
In a statement about the partnership, Gandler insisted that the deal will enable Fubo to “deliver on our promise to provide consumers with
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