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Fubo Was Suing Disney, So Disney Bought Fubo.

Story by Tony Maglio

from IndieWire

Image from IndieWire

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Disney acquires live TV streamer Fubo, folding it into Hulu+ in surprise streaming shakeup.

beat sheet

The $1.3 billion deal sees Disney absorb Fubo's 1.2 million subscribers, solidifying its dominance in the live TV streaming space.
Fubo had previously sued Disney over retransmission fees, but the two sides have buried the hatchet in this strategic acquisition.

call sheet

Disney, Fubo

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