In a seismic shift for the streaming television landscape, FuboTV Inc. and The Walt Disney Company today announced the successful closure of their previously disclosed transaction to merge Fubo’s live TV platform with Disney’s Hulu + Live TV service. The deal, first revealed earlier this year, instantly catapults the combined entity into the sixth-largest Pay TV provider in the United States, boasting nearly 6 million subscribers across North America.
The newly formed group unites Fubo’s sports-centric service with Hulu + Live TV’s entertainment depth, delivering a lineup of over 55,000 live sporting events annually alongside a robust slate of premium programming. Consumers will continue to access both services independently—Fubo through its dedicated app and Hulu + Live TV via the Hulu platform, integrated within Disney’s flagship bundle including Hulu, Disney+, and ESPN Unlimited. Multiple tiered plans, from smaller lean “skinny” bundles to larger packages, at what the company calles competitive price points.
“It is a privilege to join Fubo as Chairman at such a transformative time for the company,” said Andy Bird, Chairman of the Board of Directors. “Today’s announcement brings together two industry leading brands and a compelling set of resources that uniquely position us to meet the evolving needs of today’s consumer.”
“Since Fubo’s founding a decade ago, our vision has always been to build a consumer-first streaming platform defined by innovation and value,” said David Gandler, Co-founder and CEO of Fubo. “Together with Disney, we’re creating a more flexible streaming ecosystem that gives consumers greater choice, while driving profitability and sustainable growth.
As part of the transaction, Disney has committed a $145 million term loan to Fubo in 2026. Fubo’s advertising sales team will transition into Disney’s advanced ad organization, promising premium, data-driven experiences for viewers and brands alike.
Corporate governance reflects the partnership’s balance: Disney holds approximately 70% equity interest, with Fubo’s existing shareholders retaining 30%. Gandler and his seasoned management team will steer day-to-day operations, leveraging Disney’s vast resources to accelerate growth.
Leading the board is Andy Bird, CBE, as Independent Chairman. The former Chairman of Walt Disney International and CEO of Pearson plc brings decades of global transformation experience. Joining him are luminaries such as polo icon and entrepreneur Ignacio “Nacho” Figueras; venture capital veteran Daniel Leff of Waverley Capital; Disney treasury alumnus Jonathan S. Headley; and senior Disney executives including Debra OConnell (President, ABC News Group & Disney Entertainment Networks), Cathleen Taff (President, Production Services, Franchise Management & Theatrical Distribution), Jim Lygopoulos (EVP, People & Culture), and Justin Warbrooke (EVP, Corporate Development).
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