Disney: How the Fubo Sports Deal Became a Game Changer

Walt Disney TodayDISWalt Disney $85.00 +0.34 (+0.40%) 52-Week Range$ 80.10▼ $118.63Dividend Yield1.18%P/E Ratio27.69Price Target$ 124.48Add to WatchlistThe Walt Disney Co. NYSE: DIS surprised investors with a groundbreaking deal in the consumer discretionary sector with struggling live sports and TV streaming provider FuboTV Inc. NYSE: FUBO. In a transaction that turned an adversary into a partner, Disney will merge its Hulu + Live TV business with FuboTV’s sports-focused streaming platform to create a combine ...