Disney and Fubo announced the closing of their deal merging Hulu + Live TV operations with Fubo, with Disney owning a 70% stake in the new company. The newly combined Fubo and Hulu + Live TV business creates the second largest virtual pay-TV provider in the U.S., with nearly 6 million subscribers in North America. That trails only Google’s YouTube TV, estimated to have more than 10 million paying subs, which is currently involved in a carriage-renewal fight with Disney.

Variety.com

This article originally appeared on Hoops Hype: Disney and Fubo announced the closing of their deal …

Reporting by HoopsHype / Hoops Hype

USA TODAY Network via Reuters Connect