Disney buys FuboTV with new sports streaming channel on the agenda
January 8 – In a streaming shake-up, Disney has acquired a majority stake in FuboTV with Hulu + Live TV to combine forces in the market.
Disney, which owns sports broadcast giant ESPN, will take a 70% stake in the new venture. “This combination enables us to deliver on our promise to provide consumers with greater choice and flexibility,” said Fubo CEO David Gandler in a statement. “Additionally, this agreement allows us to scale effectively,
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