Fubo stock price analysis: FuboTV Stock Soars 250%
Fubo stock price analysis, FuboTV Stock (FUBO 251.39%), the struggling sports streaming service, were skyrocketing today after the company agreed to merge fuboTV with Hulu.
FuboTV agreed to merge with Disney’s Hulu + Live TV
Disney’s Hulu + Live TV is merging with Fubo, with Disney set to control 70% of the newly formed service. The management team from Fubo will oversee the new operation, which will continue to operate under the Fubo brand. Both Fubo and Hulu + Live TV will still be available as separate services for customers.
This merger will result in a combined customer base of over 6.2 million in North America, positioning the new entity as the second-largest live TV streaming service, trailing only behind YouTube TV.
The new…
