The two sides may announce the cooperation as early as this week. Representatives for Disney and FuboTV did not immediately respond to requests for comment outside normal business hours.
FuboTV sued Disney, Fox and Warner Bros. Discovery over Venu Sports last year, claiming the proposed sports streaming joint venture would be anticompetitive. A hearing is scheduled for January .
FuboTV is a virtual multichannel video programming distributor, meaning latvia phone number list it delivers live TV channels over the internet rather than through cable, satellite or fiber. Hulu's live streaming service is a cable TV alternative that lets users watch live from about live TV channels, including sports, news and shows.
The merger of the two services is expected to allow the joint venture to attract more subscribers as customers seek out online alternatives to cable TV.
As the smallest virtual TV operator, FuboTV faces challenges including expensive programming and user churn.
The upcoming streaming platform Venu Sports, a joint venture between Disney, Fox and Warner Bros. Discovery, plans to offer live sports from multiple major leagues, including the NFL and NBA. It will also include content from Disney's ESPN and Warner Bros. Discovery's TNT network.
Today's Outlook
Today's key financial data
: Nvidia CEO Jensen Huang delivers a speech
: US December ISM nonmanufacturing PMI
: the next day, the auction of year U. Treasury bonds until January winning interest rate
: the next day: U. year Treasury bond auction until January bid multiple.