fuboTV Inc. (FUBO): A Bull Case Theory

Group 1 - FuboTV Inc. is experiencing a transformative merger with Disney's Hulu Live TV, which could significantly reshape its business trajectory and subscriber base [2][4] - Under the merger agreement, Disney will own 70% of FuboTV, while Fubo shareholders will retain 30% and full voting rights [3] - The merger is expected to triple Fubo's subscriber base, providing necessary economies of scale to cover high fixed costs, potentially leading to profitability [4] Group 2 - FuboTV's stock surged over 300% upon the merger announcement but has since stalled due to a second request from the Department of Justice, delaying approval [3] - The company has accumulated losses of $1.84 billion and has a market cap of $1.4 billion, indicating high risk but also high reward potential due to activist pressure and hedge fund interest [4] - Shareholder votes on the merger are scheduled for September 30, with DOJ approval being a key catalyst for a potential major rerating of the stock [4]