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hey everybody I'm back with the
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streaming alert and are you seeing what
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I'm seeing fubo has gone from suing
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Disney to making a deal with Disney an
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agreement to combine Hulu Plus live TV
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and fubo TV first the basics of the deal
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and with this agreement Disney would own
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70% of fubo but fbu's management team
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including its CEO you see him here his
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name is David gandler he would operate
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the combined business of fubo and Hulu
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live together Hulu live and fubo have
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6.2 million subscribers that would put
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it second to YouTube TV which has around
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8 million subscribers at last reporting
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now if this deal goes through fubo and
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Hulu live will still be available as
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separate offerings so two separate apps
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and this deal is about live TV only it
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doesn't affect Hulu's on demand service
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the news release also o talked about
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more flexible programming offerings and
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it gave one example according to the
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agreement fubo is going to be allowed to
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create a new smaller Channel bundle it
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will include Disney Sports and broadcast
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networks you see them listed here what
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other networks may be included it's not
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yet known does all this sound familiar
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to you the fubo sports and broadcast
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service outlined here it has some things
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in common with venue sports that's the
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joint Venture from Disney Fox and Warner
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Brothers discovery that fubo was suing
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over until this announcement today other
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pay TV providers were supporting fubo in
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that lawsuit which argued venue Sports
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is anti-competitive but now with this
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new deal announced we've learned that
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fubo has settled all of its litigation
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related to venue Sports the combination
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of Hulu live with fubo it is subject to
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regulatory approval so we'll see how
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that works out and I will keep you
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updated in my monthly news update videos
