Disney pulls ABC, ESPN, more
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Disney and Fubo have come to an official agreement, announcing plans to merge the streamer’s business with Hulu + Live TV.
The latest financial results comes as Fubo combines its video service with Hulu + Live TV to shake up the streaming TV business.
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Disney and Fubo announced the closing of their deal merging Hulu + Live TV operations with Fubo, with Disney owning a 70% stake in the new company.
Disney content has gone dark on YouTube TV, leaving subscribers of the Google-owned live streaming platform without access to major networks like ESPN and ABC. In the meantime, YouTube TV subscribers who want to watch Disney channels could have little choice other than turning to traditional broadcasting or the company's own platforms — which come with their own price tags.
The announcement of the deal came as a surprise in January, as Fubo had previously sued Disney (along with Fox and Warner Bros.) over antitrust concerns related to Venu, the streamers’ proposed giant sports app.
Walt Disney Co. asked YouTube TV to restore the broadcast of its ABC network for Election Day, as a fight over distribution fees drags on.