Hulu + Live TV and Fubo have officially declared “If you can’t beat ’em, join ’em.”
Today, Walt Disney Co. announced that it would be merging its Hulu + Live TV service with Fubo, another of the best cable alternatives out there. While billed as a merger, it seems that Disney has decided to acquire one of its competitors, as the new company formed by this merger will be 70% owned by the House of Mouse.
Hulu + Live TV/Fubo merger key points
• Hulu + Live TV and Fubo combine into one company
• Hulu + Live TV and Fubo will continue offering separate live TV packages
• Hulu streaming service not part of deal
• Deal expected to take 12-18 months to complete
• Fubo will drop its Venu lawsuit
Nothing is official yet, and it’ll reportedly be 12-18 months before this deal is completed, but here’s how sources
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