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Fortune

Chris Morris

The Disney-Fubo deal to create a live TV behemoth also quietly paves the way for a controversial sports streaming service

Fubo Disney Venu Sports David Gandler Warner Bros Discovery

(Credit: Gabby Jones/Bloomberg via Getty Images)

Disney and Fubo are merging their live TV streaming services. Disney will be the majority owner, but Fubo’s CEO will run the business. Both channels will continue to be offered as stand-alone services.

Disney is expanding its live TV business, announcing plans Monday to combine Hulu+ Live TV service with one-time rival Fubo in a merger that will see Disney become the majority owner.

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