Fubo/Hulu Deal Creates Another Virtual Video Provider Powerhouse: Analyst
FuboTV's merger with Disney's Hulu+ Live TV will mean two major players in the virtual multichannel video programming distribution landscape -- New YouTube TV and the New Fubo entity -- with an array of much smaller services following in their…
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wake, Ampere Analysis' Andrew Dougert wrote Tuesday. Announced Monday (see 2501060003), the merger could take up to 18 months to close, he said. By then, YouTube TV will likely have around 10.5 million subscribers, while Fubo and Hulu+ Live TV are expected to collectively have nearly 6.4 million, he said. Behind them, EchoStar's Sling TV currently has a little more than 2 million subscribers. The Fubo/Hulu deal has Fubo dropping its litigation seeking to block the Disney/Fox/Warner Bros. Discovery sports streaming joint venture Venu. The parties on Monday filed a stipulation of voluntary dismissal (docket 1:24-cv-01363) with the U.S. District Court for the Southern District of New York, asking that the preliminary injunction against Venu (see 2408160040) be lifted.