Two of the biggest live TV streaming services in the U.S. have completed a merger as Disney has closed a deal with Fubo. The agreement combines Hulu + Live TV and Fubo to create a platform with more than 55,000 live sporting events, and entertainment-focused programming offerings.

The merger creates the second-largest virtual pay-TV provider in the United States, with nearly 6 million subscribers, trailing only YouTube TV. The transaction significantly consolidates Disney’s power in the live TV streaming space and positions it well against its main competitor. While exact figures aren’t available, according to The Hollywood Reporter , YouTube TV has approximately 10 million subscribers.

“Since Fubo’s founding a decade ago, our vision has always been to build a consumer-first streaming

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