Shareholders for FuboTV Inc. (formerly the FaceBank Group) have approved a plan for The Walt Disney Company to acquire the sports-centric Fubo live streaming service to merge with its Hulu + Live TV business. The combined entity would be second in size only to YouTube TV among OTT TV providers and will operate under the Fubo name, with the Fubo team running the company and Disney owning a roughly 70 percent stake. Earlier this year, Fubo executives told investors that together Hulu and Fubo are expected to generate more than $6 billion in annual revenue. Continue reading Fubo Shareholder Approval Propels Merger with Hulu + Live TV

Florida- and New York-based FaceBank Group, Inc. — developer of hyper-realistic digital humans for use in artificial intelligence, entertainment, productivity and social media — is merging with OTT live TV streaming service fuboTV, which currently touts “more top Nielsen-ranked sports, news and entertainment channels for cord cutters than any other live platform.” The combined digital entertainment company, to be led by fuboTV CEO and co-founder David Gandler, will be named fuboTV, Inc. with plans to offer a premium viewing experience across a global distribution network. Continue reading FaceBank Group and fuboTV Announce a Merger Agreement