Fubo Gets Hulu. What Disney Gets Might Be Even More Valuable.
Shares of FuboTV (NYSE: FUBO) got a shot of adrenaline on Jan. 6, 2025. The big news was, to use the company's own bullet point: "Disney to combine its Hulu + Live TV business with Fubo." To be fair, that is very big news and will instantly launch FuboTV into the big leagues in the streaming industry.But there's more to this story than meets the eye.The big number in the Fubo/Hulu deal is that FuboTV will see its U.S. customer base expand from around 1.67 million to over 6.2 million. That suggests FuboTV will see a huge step change in its revenues. The company lost money in 2024, and it isn't clear that Hulu will be the key to turning a profit, but the new customers are a big win.Continue reading
Shares of FuboTV (NYSE: FUBO) got a shot of adrenaline on Jan. 6, 2025. The big news was, to use the company's own bullet point: "Disney to combine its Hulu + Live TV business with Fubo." To be fair, that is very big news and will instantly launch FuboTV into the big leagues in the streaming industry.
But there's more to this story than meets the eye.
The big number in the Fubo/Hulu deal is that FuboTV will see its U.S. customer base expand from around 1.67 million to over 6.2 million. That suggests FuboTV will see a huge step change in its revenues. The company lost money in 2024, and it isn't clear that Hulu will be the key to turning a profit, but the new customers are a big win.
