Disney Completes Fubo Acquisition, Integrates Hulu + Live TV
NEW YORK – Disney has finalized its acquisition of Fubo, merging Hulu + Live TV with the sports-focused streaming platform. The deal, announced today, unites two leading brands to address evolving consumer preferences in the streaming landscape.
Andy Bird, now chairman of Fubo, stated, “It is a privilege to join Fubo as chairman at such a transformative time for the company. today’s declaration brings together two industry leading brands and a compelling set of resources that uniquely position us to meet the evolving needs of today’s consumer.”
Fubo Co-founder and CEO david Gandler will lead the combined Fubo and Hulu + Live TV businesses with his existing management team. ”Sence Fubo’s founding a decade ago, our vision has always been to build a consumer-first streaming platform defined by innovation and value,” Gandler saeid. “Together with Disney, we’re creating a more flexible streaming ecosystem that gives consumers greater choice, while driving profitability and sustainable growth.”
The new Fubo board, chaired by Bird, includes Gandler, Daniel Leff (co-founder and managing partner of Waverley Capital and founder and managing partner of Luminari Capital), and Ignacio “Nacho” Figueras, captain and co-owner of the Black Watch polo team and owner of Cría Yatay. Additional board members are Jonathan S. Headley (former Disney SVP and treasurer), Jim Lygopoulos (Disney’s EVP of people and culture), Debra OConnell (president, ABC News Group & Disney Entertainment Networks), Cathleen taff (Disney’s president of production services, franchise management & theatrical distribution), and Justin Warbrooke (EVP and head of corporate progress at Disney).
As a result of the closing, Fubo’s shares of common stock were automatically converted into shares of Class A common stock on a 1:1 basis and continue to trade on the New York Stock Exchange under the ticker symbol “FUBO.”
Gandler added,”We’re also proud to reward our retail shareholders who have supported Fubo’s mission from the very beginning. We believe this combination delivers the scale, stability and strategic clarity to create lasting value for consumers and shareholders, and indelibly impact the future of live streaming.”
Fubo has adjusted its fiscal year to end on Sept. 30, with the first full year for the combined company concluding on Sept. 30, 2026.
