Disney's Fubo Deal Is Another Brilliant Move By Iger

Hulu is critical to Disney's (NYSE: DIS) streaming strategy, but the Hulu Live cable business wasn't part of those long-term plans. Instead of shutting it down, Bob Iger traded Hulu Live for a 70% stake in Fubo (NYSE: FUBO), which will be the 2nd largest digital cable provider in the U.S. Travis Hoium explains why this is such a big deal in this video. 

---------------------------------------------------------------------------------

💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: https://asymmetric-investing.beehiiv....
TRAVIS ON TWITTER:   / travishoium  

📊 The charts I use are made with FinChat, the best tool for investment research. I pay for the Pro plan, but you can get started making beautiful charts and asking the AI questions here: https://finchat.io/?via=asym

📊 20% Off Investment Research Tool Koyfin: https://www.koyfin.com/affiliate/asym...

🎙️ 20% Off Conference Call App Quartr: https://quartr.com/pricing?via=asymme...

🧐Looking for great investment ideas? Visit https://www.fool.com/asym for ten top stock picks from The Motley Fool.

A portion of this video is sponsored by The Motley Fool.
Visit https://fool.com/asym to get access to my special offer. The Motley Fool Stock Advisor returns are 780% as of 9/26/2024 and measured against the S&P 500 returns of 168% as of 9/26/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.

00:00 Big Media Deal: Disney and FUBU Merge Live TV
00:31 Disney's Streaming Strategy Unveiled
01:10 Details of the Disney-FUBU Deal
02:08 Financial Implications for Disney and FUBU
03:56 Future of Disney's Streaming Services
05:18 Impact on FUBU and Venue Product
07:19 Conclusion and Final Thoughts