Hulu, Live TV and Disney
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While Hulu and Disney+ both recently raised their streaming prices, the entertainment company is currently offering one of the biggest discounts of the year on its Hulu + Live TV subscription. For your first three months, you’ll pay just $64.99 — a total savings of nearly $80, given the service is usually $89.99/month.
The road to the merger included a pit stop at a failed launch of a streaming sports service from Disney, Fox Corp and Warner Bros. Discovery titled Venu (R.I.P.), which was scuttled after a judge denied a bid to dismiss a lawsuit from Fubo, which sued on anticompetitive business grounds.
Media giant ViacomCBS Inc (VIACA.O) said on Monday it has entered an agreement with Hulu to add 14 more networks, including Comedy Central, MTV, VH1 and Nickelodeon, to the streaming service provider's paid live TV platform.
Fubo and Disney have officially completed the transaction to combine the live sports platform with Hulu Live TV.
The latest financial results come as Fubo combines its video service with Hulu + Live TV to shake up the streaming TV business.
Disney has yet to reach an agreement with YouTube regarding streaming rights on YouTube TV for its properties, which include ABC, the official network of 9-1-1 and spinoff series 9-1-1: Nashville. ABC is even urging fans to help speed the negotiations along by contacting YouTube to “let them know you want your favorite networks back.”
Fubo has reached a total of 1.63 million subscribers in North America as the sports streamer has completed its merger with Disney's Hulu + Live TV. Fubo CEO David Gandler told analysts during the company's third quarter earnings call on Monday that the deal would lead to "unprecedented opportunities" at the combined company and expand consumer choice,
The merger forms the second largest virtual pay-TV provider in the U.S. with an estimated six million subscribers.
The disagreement causing the ESPN and ABC outage stems from the "carriage fee" that YouTube TV pays Disney to broadcast its channels. Disney has faced similar negotiating standoffs with other broadcasters in recent years, including a 2021 outage on YouTubeTV that was resolved in two days.