disney Hulu+ Live TV will come with fuboThe two companies announced Monday that they are merging two Internet TV packages together.

Disney will become the majority shareholder of the combined company (listed Fubo Corporation), owning 70% of the shares. Hulu+ Live TV and Fubo are both streaming services that mimic traditional cable TV bundles, offering linear TV networks.

These streaming services have a total of 6.2 million subscribers.

The deal does not include streamer Hulu, which is known for creating original content such as “Murder in the Building” and “The Handmaid’s Tale,” which are paired with shows like Netflix.

Notably, under the agreement, Fubo and Disney have settled litigation regarding Venu, the proposed sports streaming service from Disney, Fox and Warner Bros. Discovery Channel.

Fubo has filed lawsuits against Disney, Fox and WBD. Last year, a US judge temporarily blocked Venu’s launch.

When the Disney-Fubo agreement is signed, Disney, Fox and Warner Bros. Discovery Channel will jointly pay Fubo $220 million in cash. Disney will also provide Fubo with a $145 million term loan in 2026. If the deal falls through, Fubo will receive a $130 million termination fee.

Bloomberg report Earlier Monday, it emerged that a deal to merge live TV streaming services was imminent.

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