Fubo Sees Disney, Hulu + Live TV Deal Closing Earlier Than Anticipated
It requires regulatory approval with a review ongoing at the Department of Justice. Fubo stockholders must also approve the deal at a meeting of shareholders, date still to come, the company said in a preliminary proxy filed with the SEC today.
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Previously, the close was expected in the first half of 2026.
In January, Disney agreed to combine its Hulu + Live TV with Fubo and become majority owner of the combined company. The agreement was struck in the midst of a legal tussle that saw Fubo challenge a proposed sports streaming joint venture called Venu between Disney, Fox and Warner Bros. Discovery as anti-competitive. The partners delayed Venu's launch under a preliminary injunction and ultimately scrapped it and settled with Fubo after a judge denied their motion to dismiss the case.
Disney and Fubo simultaneously announced their own deal to create an expanded MVPD player with 6.2 million subscribers.
Fubo and Hulu + Live TV will continue to be available to consumers as separate offerings post-closing. Hulu + Live TV, will continue to be streamed in the Hulu app and be offered as part of the bundle with Hulu, Disney+ and ESPN+. Fubo will continue to operate in the Fubo app.
The agreement gives Fubo the right to launch a new Sports & Broadcast service featuring Disney's sports and broadcast networks including ABC and ESPN well as ESPN+ if the deal closes or not.
The new Fubo will continue to be run by current management led by CEO David Gandler. A board of directors has yet to be announced. Fubo will continue to trade on the New York Stock Exchange with the same stock symbol, FUBO.
Disney will own 70% of the company. The media has had operating control of Hulu but gained full ownership in June when it completed the acquisition of Comcast's minority stake.
Today's filing also included updated, combined pro forma financials for the March 2025 quarter – meaning numbers calculated as if Fubo and Hulu + Live TV were already one company.
It reported total revenue of $1.56 billion ($1.12 billion Hulu + Live TV, $416 million Fubo), operating expenses of $1.64 billion, and an operating loss of $85 million.
Po forma net income of $134.8 million showed a $41 million loss at Hulu + Live TV and a $188.5 million profit at Fubo, inflated by a $220 million gain that was part of the settlement with Disney, WBD and Fox.
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DCU Chapter One: movies in development The Authority Release date: TBCDirector: TBCExpected cast: Maria Gabriela de Faría DCU Chapter One is still expected to introduce The Authority, a lesser known team of antiheroes who feel right up Gunn's street. However, at a DCU press event in February, Gunn said progress is slow on this one, adding: "(It's) the one that got messed with through all of the other things that were happening. The script had a harder time coming along". It's possible, then, that this movie might not get made. If it is, it'll be based on Warren Ellis and Bryan Hitch's comic series (released via DC's Wildstorm imprint) and focus on the eponymous group who are prepared to use any means necessary to save the day. De Faría should feature as Angela Spica/The Engineer following her appearance in Superman, but no-one else has been cast. The Brave and the Bold Release date: TBCDirector: Andy MuschiettiCast: TBC Based on Grant Morrison's popular graphic novel namesake, The Brave and the Bold's movie adaptation – one of TechRadar's most anticipated DCU Chapter One projects – will see Bruce Wayne teaming up with his violent and narcissistic son Damian, a teen raised by assassins who goes on to become Bat-sidekick Robin. The Flash's Andy Muschietti will direct it and, while a writer has been found, Gunn reportedly doesn't want to publicly name them due to the intense media spotlight that'll be shone on them. However, Gunn recently said that he thinks "he has a way in" on the movie's script and that Gunn himself is actively involved in shaping its story (per Total Film). Speaking to Urbana Play, Gunn also said "we'll go into production immediately" once he's happy with the script. Swamp Thing Release date: TBCDirector: TBCCast: TBC The brainchild of Wolverine creator Len Wein, Swamp Thing's comic series tells the story of brilliant scientist Alec Holland, who finds his consciousness merged with a bog after an attack on his research facility. This new take on the character is still being written by James Mangold (Logan, Indiana Jones and the Dial of Destiny). However, Safran has said "the ball is really in his [Mangold's] court" about whether he wants to continue working on it. Sgt Rock Release date: TBCDirector: TBCCast: TBC After making his DCU debut in Creature Commandos episode 3, Sergeant Rock was reportedly getting a standalone movie. Call Me By Your Name's Luca Guadagnino was set to direct it and Challengers' Justin Kuritzkes was said to be penning its screenplay. Colin Farrell wa reportedly in talks to star (via THR), too. 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Once a breakthrough his achieved, Davis will headline this live-action Peacemaker spin-off on HBO Max, aka one of the world's best streaming services. In a 2024 post on Threads, Gunn confirmed events in Peacemaker season 2 will directly lead into Waller, too. Paradise Lost Release date: TBCDirector: TBCCast: TBC Paradise Lost will go back to Wonder Woman's idyllic island home for some political in-fighting. "It's going to be a Game of Thrones-ish story about Themyscira, the home of the Amazons and the birthplace of Wonder Woman," Safran teased in January 2023. "This drama is really about the political intrigue behind this society of all women." In February, Gunn revealed work was continuing on this DCU Chapter One production, but a writer still hadn't been found, so this series is still a while away. Considering a Wonder Woman film is also in the works now, it's unclear whether this project will ever see the light of day. Booster Gold Release date: TBCDirector: TBCCast: TBC If your first thought was "...who???", you're not alone. Booster Gold, aka Michael Jon Carter, is arguably the most unlikely superhero on the 'Gods and Monsters' roster but, if you've seen any of Gunn's previous output, you'll understand why this lesser known comic book appealed to his sensibilities. For the uninitiated: it's the story of a guy – read: loser – from the future who comes back in time to the present and uses basic future tech to convince everyone he's a superhero. Or, as Gunn puts it: "It's the superhero story of imposter syndrome". Like many DCU Chapter One projects, there are very few details about it. Speaking at February's press event, Safran admitted a showrunner had been found, but they ultimately walked away from the project. However, it is "moving forward with somebody else", Safran added, so development hasn't officially stalled. For more DC-based coverage, read our guides on how to watch the DC movies in order, how to watch the Batman movies in order, and how to watch the Superman movies in order. Then, see if you agree with our ranking of the best Batman movies. Solve the daily Crossword