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Disney Acquires Majority Stake in FuboTV to Form a New Streaming Competitor

By Yahoo! Finance   |   2 months ago
Disney Acquires Majority Stake in FuboTV to Form a New Streaming Competitor

The Walt Disney Company gains a 70% controlling share in FuboTV Inc. by merging it with Hulu + Live TV, creating a major player in the online pay-TV industry. FuboTV will remain publicly listed, with its CEO leading the business.

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