(NewsNation) — Fubo TV is set to partner with Hulu + Live TV.
The sports-centric streaming platform’s shareholders approved a merger with Disney on Tuesday after they announced a pending deal in January.
“We would like to thank Fubo shareholders for voting to approve our business combination with Disney’s Hulu + Live TV business,” said Fubo co-founder and CEO David Gandler in a news release. Gandler will run the new Fubo.
“The Transaction remains subject to regulatory approvals and other customary closing conditions, but today we are one step closer to fulfilling our vision of a streaming marketplace that provides consumers with greater choice and flexibility,” Gandler added.
Once the deal is closed, Disney will own approximately 70% of Fubo.
Fubo and Hulu + Live TV will continue to present separate offerings after the deal closes. Both platforms will assist in offering a variety of programming packages based on consumer preferences.
Fubo has said it expects the deal to close by the end of the year or early 2026.