Lou Basenese, MDB Capital president and marketing strategist, joins “Cavuto: Coast to Coast” to discuss Disney’s recent turnaround.
Disney and FuboTV on Monday announced a planned merger of Hulu Live + TV and Fubo.
The two companies will form a combined multichannel virtual video programming distributor (MVPD) company that “will operate under the publicly traded Fubo company name,” the companies said.
The Fubo app page is displayed on a smartphone. (Cheng Xin/Getty Images/Getty Images)
Disney will have a 70% stake in Fubo.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The combination “will facilitate an enhanced choice of programming packages and target a variety of consumer preferences at attractive price points,” according to Disney and Fubo.
After the end of the agreement, consumers still have the option to obtain Fubo and Hulu + Live TV as “separate offers,” the companies also said.
CLICK HERE TO READ MORE ABOUT FOX BUSINESS
Fubo shares came up on the news Monday morning.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/0/0/fubo-logo-scaled.gif?ve=1&tl=1
2025-01-06 15:20:00
