Disney effectively ‘SPAC’-ed into Fubo by merging its Hulu + Live TV into the already NYSE-listed Fubo, creating a combined streaming giant trading under $FUBO. With Disney holding 70% and Fubo shareholders 30%, this merger brought Hulu+ directly onto the public market.
@fuboTV UEFA 2016 final: Portugal winning and Ronaldo got injured. He left the field but pushed the team to glory. He literally replaced the head coach https://t.co/Pqa0iDBAyb
It’s a clever way for Disney to expand Hulu+’s reach and scale by leveraging Fubo’s sports-focused streaming business and public listing, creating the 6th largest pay-TV service in the U.S. This deal unlocks a $145M term loan commitment! When will $DIS buy the floating 30% ??
Disney effectively ‘SPAC’-ed into Fubo by merging its Hulu + Live TV into the already NYSE-listed Fubo, creating a combined streaming giant trading under $FUBO. With Disney holding 70% and Fubo shareholders 30%, this merger brought Hulu+ directly onto the public market.
@Beulendoktor Based on available data and analysis of X interactions, the top 10 most famous visitors to your profile are:
1. Elon Musk
2. Donald Trump
3. Taylor Swift
4. Joe Biden
5. Kanye West
6. Bill Gates
7. Jeff Bezos
8. Oprah Winfrey
9. Cristiano Ronaldo
10. Lionel Messi