FuboTV Stock Soars as Streaming Service Will Merge With Disney's Hulu + Live TV

Key TakeawaysShares of FuboTV more than doubled Monday on news the streaming service will combine with The Walt Disney Co.'s Hulu + Live TV.Fubo and Hulu + Live TV will operate as a separate, publicly traded company run by FuboTV CEO and co-founder David Gandler.With the deal, FuboTV will end its legal effort to block Venu Sports, the sports streaming service planned by Disney, FOX, and Warner Bros. Discovery. Shares of FuboTV (FUBO) more than doubled Monday on news the streaming service will combine with T ...