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Posted by
Two Blokes Apr 16 -
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The Walt Disney Co. NYSE: DIS surprised investors with a groundbreaking deal in the consumer discretionary sector with struggling live sports and TV streaming provider FuboTV Inc. NYSE: FUBO. In a transaction that turned an adversary into a partner, Disney will merge its Hulu + Live TV business with FuboTV's sports-focused streaming platform to create a combined virtual multichannel video programming distributor (vMVPD).
