https://www.reuters.com/business/media-telecom/disney-nears-deal-merge-hulu-live-tv-business-into-fubo-bloomberg-news-reports-2025-01-06/#:~:text=Disney%20will%20hold%20a%2070,reacted%20enthusiastically%20to%20the%20deal.

Disney will hold a 70% majority stake in the combined Fubo and Hulu + Live venture, which will be led by Fubo CEO and co-founder David Gandler. The deal excludes Hulu's mainstay video-streaming business. Wall Street investors reacted enthusiastically to the deal.