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Fubo Shareholders Aprove Merger With Hulu + Live TV
Deadline· 2025-09-30 16:21
Core Viewpoint - FuboTV's stockholders have approved a merger with Hulu + Live TV, which will create a larger entity controlled by Disney [1][4]. Group 1: Merger Details - The merger is subject to regulatory approval, which has gained attention due to recent controversies involving Disney's programming decisions [2]. - The deal was initially announced in January and is expected to close in the fourth quarter of this year or the first quarter of 2026 [5]. - Disney will own approximately 70% of the newly formed company, with Fubo's existing management team, led by CEO David Gandler, continuing to run the new Fubo [4]. Group 2: Impact on Offerings - Post-merger, Fubo and Hulu + Live TV will remain available to consumers as separate offerings [4]. - All outstanding shares of Fubo will be converted into shares of the new Fubo, which will continue to trade under the ticker symbol FUBO on the New York Stock Exchange [5]. Group 3: Management and Vision - Gandler expressed gratitude to Fubo shareholders for their approval, emphasizing the vision of creating a streaming marketplace that offers greater choice and flexibility to consumers [5].
Fubo Shareholders Approve Business Combination With The Walt Disney Company's Hulu + Live TV
Businesswire· 2025-09-30 14:30
Core Points - FuboTV Inc. has received shareholder approval for its transaction with The Walt Disney Company to combine its business with Hulu + Live TV [1] Group 1 - The transaction was approved at a special meeting of Fubo's shareholders [1] - The deal is still subject to regulatory approval [1]