In a surprising deal announced on Monday, Disney is set to combine its Hulu Live TV business with Fubo, the live TV streaming service known for its extensive sports coverage. Under the terms of the deal, Disney will own about 70% of Fubo, which will continue to be available to viewers as a separate offering.

Walt Disney Co said on Monday it would merge its Hulu + Live TV business with smaller rival FuboTV , removing a significant hurdle to the launch of its sports streaming venture with Fox Corp and Warner Bros Discovery .

Disney's Hulu + Live TV and sports streaming platform Fubo on Monday announced a partnership as part of a broader agreement that includes settling a legal dispute over the launch of Venu Sports. Fubo announced it has resolved all legal disputes with Disney and ESPN concerning Venu Sports,