Disney Acquires Majority Stake in FuboTV to Form a New Streaming

1月7日

The Walt Disney Company (DIS) will merge its Hulu + Live TV operations with FuboTV Inc. (FUBO), taking a 70% controlling stake. The combined entity will serve 6.2 million customers with an expected annual revenue of $6 billion, making it the second-largest online pay-TV provider in North America.

3 entry points, ABC trade
Trailing 1 runner

1月12日

交易進行

The trade is still active, and I am waiting for momentum to pick up speed.Fundamentally, I am very bullish.