Disney-Fubo Tie-Up and Uber Speedy Buyback Signal Smarter Dealmaking

Dealmaking in 2025 is off to a good start. Walt Disney’s deal on Monday to offload its Hulu+Live TV business—the clunky name for the part of Hulu that offers a cable TV–like package of old-fashioned TV channels—to smaller rival FuboTV is a smart move. 

Disney comes out of the transaction with 70% of a larger FuboTV, one that is making money and arguably better positioned to both compete and eventually be swallowed up by someone else. (YouTube, for instance—another player in this market—could be a buyer—for more on that idea, see below.)