The collaboration between FuboTV and Disney is undoubtedly explosive news. According to the agreement, Disney will merge its Hulu+Live TV business with FuboTV and hold approximately 70% of the shares in the merged Fubo. In addition, FuboTV will also receive $220 million in cash from Disney, Fox, and Warner Bros. Exploration, which undoubtedly provides strong support for FuboTV's future development.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- BaronLyly·01-08This merger could significantly boost FuboTV's growth potential.LikeReport
- AlanBright·01-08This merger could really reshape the streaming landscapeLikeReport