BusinessMergers & AcquisitionsMay 24, 2026
Disney closes Hulu + Live TV sale, keeps 70% stake
Disney and Fubo have finalized their deal to merge Hulu + Live TV operations with Fubo. As a result, Disney now holds a 70% ownership stake in the newly combined company.
Key Takeaways
- Disney owns a 70% stake in the newly combined company after the close.
- The deal merges Hulu + Live TV operations with Fubo.
- The transaction was announced as closed on May 24, 2026.
Why It Matters
The closing turns Hulu + Live TV and Fubo into one combined streaming business, with Disney holding the majority 70% stake. That gives Disney a large continuing ownership position while Fubo gains Hulu + Live TV operations under the same corporate structure. For streaming investors and operators, the key signal is that the merger is no longer pending; it is completed. The next concrete item to watch is how Disney and Fubo describe the combined company’s operating structure and ownership in any follow-up filings or releases.
Read full article at msn.com