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3 Reasons to Buy FuboTV Stock Like There's No Tomorrow
FuboTV (NYSE: FUBO) just pulled off what can only be described as a coup. It will not only reshape the company's future, but also potentially the competitive landscape in the streaming industry. And it involves one of the most prominent names in the media industry, Disney. Here are three reasons some investors might want to buy FuboTV stock like there's no tomorrow (and some key issues to monitor if you do buy it).The big deal that has been agreed to is fairly simple in concept. Disney is going to combine its Hulu service with FuboTV's business. FuboTV will still operate its own streaming service, but it will now also operate Hulu. This is a massive deal for FuboTV, which ended 2024 with 1.676 million subscribers. Adding Hulu to the mix is expected to bring the subscriber count up to 6.2 million effectively overnight.Image source: Getty Images.Continue reading
FuboTV (NYSE: FUBO) just pulled off what can only be described as a coup. It will not only reshape the company's future, but also potentially the competitive landscape in the streaming industry. And it involves one of the most prominent names in the media industry, Disney. Here are three reasons some investors might want to buy FuboTV stock like there's no tomorrow (and some key issues to monitor if you do buy it).
The big deal that has been agreed to is fairly simple in concept. Disney is going to combine its Hulu service with FuboTV's business. FuboTV will still operate its own streaming service, but it will now also operate Hulu. This is a massive deal for FuboTV, which ended 2024 with 1.676 million subscribers. Adding Hulu to the mix is expected to bring the subscriber count up to 6.2 million effectively overnight.
Image source: Getty Images.
