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Disney Newsroom
Barclays Maintains Disney(DIS.US) With Buy Rating, Maintains Target Price $125
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Did Disney Just Save FuboTV?
FuboTV's stock price skyrocketed over 176%! In collaboration with Disney, it will merge live television streaming services.
On Monday, informed sources revealed that Disney will announce a partnership with the sports streaming platform FuboTV to merge Hulu+ Live TV with Fubo, forming a new video company MVPD. This collaboration will further enhance Fubo's competitiveness in the fierce sports streaming market; additionally, FuboTV will drop its lawsuit against Venu Sports. After the news was announced, FuboTV's stock price rose over 176% in early trading.