Fubo has moved up the expected timeline for closing its sale to Disney, now projecting the transaction to be completed in the fourth quarter of this year or early 2026. The deal still requires regulatory approval, with the Department of Justice currently reviewing it. Additionally, Fubo stockholders must approve the sale at a shareholder meeting, the date of which has yet to be announced.
Originally, the closing was anticipated in the first half of 2026. The agreement, made in January, involves Disney becoming the majority owner of the combined company by merging its Hulu + Live TV service with Fubo. This deal followed a legal dispute in which Fubo challenged a proposed sports streaming joint venture between Disney, Fox, and Warner Bros. Discovery as anti-competitive. That venture was delayed, eventually canceled, and settled after a court ruling. After the merger, Fubo and Hulu + Live TV will remain available separately, with Hulu + Live TV continuing on the Hulu app and Fubo operating through its own app. The agreement also allows Fubo to launch a new sports and broadcast service featuring Disney’s ABC, ESPN networks, and ESPN+ regardless of whether the deal closes. Disney will own 70% of the new company, which will remain publicly traded under the FUBO ticker and continue under CEO David Gandler’s leadership. Updated pro forma financials for the combined company show total revenue of $1.56 billion and an operating loss of $85 million for the March 2025 quarter.