Core Viewpoint - Fubo's shareholders have approved the merger with Disney, combining Fubo with Hulu Live TV, which is expected to disrupt the streaming industry and enhance Hulu's competitive position against YouTube [1][2]. Group 1: Merger Details - The merger was initially announced in January and aims to close the competitive gap between Hulu Live TV and YouTube TV, which has around 10 million subscribers, while Hulu Live TV and Fubo together have about 6 million subscribers [2]. - If executed effectively, the merger could provide sports fans with more flexible viewing options, including a potential new Hulu-branded package that offers access to Disney's streaming services (Disney+, Hulu, and ESPN) at no additional cost [3]. Group 2: Regulatory and Ownership Aspects - The approval from Fubo's shareholders is still subject to regulatory approvals, as the merger will create a larger entity and affect market competition by reducing the number of independent streaming players [4]. - Once finalized, Disney will own approximately 70% of Fubo, but Fubo will continue to operate as an independent offering, with David Gandler, co-founder and CEO of Fubo, overseeing the merged operations [5].