Fubo and Hulu Live TV are officially joining forces.
After some buzz earlier this year about the groundbreaking transaction, it’s now a done deal. The two companies announced on Wednesday that they’ve wrapped up their agreement to combine Fubo’s sports-centric platform with Hulu’s live TV service, following a nod of approval from Fubo shareholders last month.
This is a game-changer in the streaming landscape as the new entity becomes the sixth-largest Pay TV provider in the U.S., boasting nearly 6 million subscribers. That puts the newly combined company in direct competition with YouTube TV, which leads with around 10 million subscribers.