Fubo, the popular live sports TV streaming service, announced on Tuesday that its shareholders have approved its transaction with Disney, combining Fubo with Hulu Live TV.
Initially announced in January, the deal brings the companies closer to finalizing an agreement that is anticipated to disrupt the streaming industry by making Hulu a far bigger threat to its larger rival, YouTube. YouTube TV reportedly now has around 10 million subscribers , in large part due to is live sports-related content. Hulu Live TV and Fubo together have about 6 million subscribers, so this merger is a step towards closing that competitive gap.
Additionally, if executed well, it could offer sports fans more flexible options. For instance, sources suggest that Fubo may be exploring the idea of introducing