FuboTV Inc., the sports-first live TV streaming platform, announced that its shareholders have approved a proposed merger with The Walt Disney Company’s Hulu + Live TV business, a deal first unveiled in January 2025.
The special meeting of shareholders confirmed support for the transaction, which is still subject to regulatory review and other customary closing conditions. FuboTV said it will file a Form 8-K with the Securities and Exchange Commission detailing the results of the vote.
Under the agreement, Disney will hold approximately 70% of the combined business once the deal closes. Fubo’s current management team, led by Co-founder and CEO David Gandler, will continue to operate the merged operations. Both Fubo and Hulu + Live TV are expected to remain available as separate services, offering consumers a wider array of programming packages and price points.
“This approval brings us one step closer to realizing our vision of a streaming marketplace that provides consumers with greater choice and flexibility,” Gandler said in a statement. “We would like to thank Fubo shareholders for their support as we move toward completing this combination with Disney.”
The merger, if completed, would automatically convert all of Fubo’s issued and outstanding common stock into Class A Common Stock. Which will continue trading under the ticker FUBO on the New York Stock Exchange. By merging Fubo’s sports-focused programming with Hulu + Live TV’s broader entertainment offerings. The companies aim to provide a more comprehensive streaming experience while maintaining distinct service identities.
Analysts have suggested that the transaction could position Fubo to better compete with larger streaming platforms. These include YouTube TV, Sling TV, and Amazon’s live TV offerings. While regulatory approvals remain pending, the shareholder vote removes a significant hurdle for the deal’s eventual completion.
Since its launch, FuboTV has carved out a niche as a sports-first service, attracting viewers with live sports coverage. The merger is expected to combine that sports expertise with Hulu + Live TV’s broader entertainment programming, potentially appealing to households seeking both live sports and general entertainment under flexible subscription models.
Barrett Media produces daily content on the music, news, and sports media industries. To stay updated, sign up for our newsletters and get the latest information delivered straight to your inbox.
