Disney and fuboTV partnership: combining Hulu + Live TV with new capabilities
- Expanded reachDescription : Partnership connects Hulu + Live TV s fuboTV, together reaching 6.2 million subscribers.
- Shares: Disney $DIS acquires a 70% ownership stake, while fuboTV $FUBO retains management control of day-to-day operations.
- Strategic advantagesA: Disney support increases credibility and growth opportunities for fuboTV.
- Potential risks: Collaboration brings new operational challenges and risks associated with a large Disney stake.
That's great for me. I have a few shares of $DIS and will continue to hold them.
I think it's a pretty good move. I have a few shares of $DIS and would appreciate more upside.