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Fubo set to ask for shareholder approval of Hulu + Live TV merger

Fubo set to ask for shareholder approval of Hulu + Live TV merger

The streamer has filed paperwork with the SEC to get the transaction moving.

Known for breaking major streaming stories, he’s covered everything from Netflix policy shifts to Peacock’s ad-tier changes. A sci-fi fan and Toshiba Fire TV user, he brings sharp analysis and a love for the genre to his reporting.
Fubo has filed a preliminary proxy statement regarding its merger with Hulu + Live TV.

It’s been a while since any news came out about the intended merger of
Fubo and Hulu + Live TV, but the transaction is still very much in play. On Monday, Fubo informed The Streamable that it had filed key paperwork with the Securities and Exchange Commission (SEC) to schedule a shareholder vote on the proposed deal to combine the two live TV streaming services.

Key Details:

  • First step in the process: Fubo has filed a preliminary proxy statement with the SEC.
  • Unanimous approval: The Fubo board unanimously recommends approving the merger agreement.
  • Big plans: Fubo plans to launch a new streaming product when it merges with Hulu + Live TV.

Fubo has officially filed a preliminary proxy statement with the SEC, which is a first step in the process of getting a vote from shareholders on the transaction. The statement gives shareholders details about an upcoming meeting where they’ll be asked to vote on the merger with Hulu + Live TV.

Regulations stipulate that the preliminary statement must be filed with the SEC at least 10 days before the definitive proxy statement is sent to shareholders. That could mean a vote on the merger agreement by investors in Fubo could be coming very soon.

According to the preliminary statement, the Fubo board unanimously approved the Plan of Conversion that will see Fubo merged with Hulu + Live TV. The board also unanimously recommends that Fubo shareholders vote for the transaction as well.

The planned merger of Fubo and Hulu + Live TV was first announced in January. Disney will own 70% of the new company, while Fubo will own the other 30%, and the combination of the two will also lead to the creation of a new streaming product whose dimensions have yet to be laid out in detail. However, it was originally announced that Fubo and Hulu + Live TV would remain separate streaming options under the same corporate umbrella. How that will play out still remains to be seen.

The deal has already drawn the scrutiny of lawmakers. In February, Senator Elizabeth Warren (D-MA) asked the Department of Justice to review the transaction for possible antitrust law violations, and in April, the DOJ agreed to take a look. That means that there could be much more to the consummation of the merger than just a shareholder approval vote.

Disney and Fubo have to move forward as if their deal is going to go through, however. That includes a careful focus on the details, and the filing of a preliminary proxy statement, as Fubo announced on Monday, is a big step in the process.

Hulu Live TV

Hulu Live TV is a live TV streaming service with more than 70 channels for $89.99 per month. Hulu + Live TV base plan includes local channels 32 of the top 35 cable channels, and regional sports networks (RSNs). Subscribers get free access to Disney+ and ESPN Select at no extra charge.

…

Where it really separates itself is value. Your subscription doesn’t just cover live TV — it also includes full access to Hulu’s on-demand library, plus bundled subscriptions to Disney+ and ESPN Select content at no extra cost. That means you’re getting everything from next-day network TV episodes and Hulu Originals, to Marvel, Star Wars, and live sports content all in one place without juggling multiple bills.

For sports fans, Hulu + Live TV also includes regional sports networks (RSNs) in select areas, a feature many competing services have dropped. That can be a big deal if you’re trying to follow local MLB, NBA, or NHL teams.

The DVR experience is another strong point. Subscribers get unlimited cloud DVR storage and the ability to fast-forward through commercials on recorded content — a feature that used to cost extra but is now standard. It’s designed to feel closer to a traditional cable DVR, just without the box.

If you want to customize further, several add-ons are available. You can upgrade to premium channels like HBO, Showtime, or Starz, add an unlimited streams option for households with lots of viewers, or go ad-free on Hulu’s on-demand content (live TV will still include ads).

Overall, Hulu + Live TV is less about being the cheapest option and more about being the most comprehensive. It’s built for people who want live TV, on-demand shows, and bundled streaming services all under one roof — without having to piece everything together themselves.


David Satin has been a dedicated News Writer at The Streamable since 2022, covering a wide range of stories in the entertainment and streaming industries. With years of experience writing online, David previously worked as a list writer for Screen Rant, where he gained recognition for his extensive coverage of sci-fi and fantasy genres. His ability to break and analyze major stories has made him a trusted voice in the streaming world. Over the course of his career, Satin has become an integral part of The Streamable team, contributing to some of the most impactful stories in the industry.

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