Walt Disney is teaming up with streaming provider Fubo for its Hulu+ live TV service, the companies announced Monday.

According to the joint venture, the new venture, which will be operated under the name of a publicly traded fubo company, will be 70% owned by Disney and the remainder by fubo shareholders. statement,

Hulu+ Live TV and Fubo have a combined total of 6.2 million subscribers.

– This is a developing story and will be updated.

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