Fubo shareholders approve Hulu Live TV deal

Fubo shareholders have approved a deal that will integrate Hulu Live TV into the Fubo platform. The deal was initially announced in January and is expected to shake up the streaming industry by significantly bolstering Hulu's presence as a rival to YouTube. The merger will allow Fubo users to access Hulu's live TV offerings, expanding the content available on the Fubo platform. This move is seen as a strategic decision to enhance Fubo's competitiveness in the increasingly crowded streaming market. The approval by Fubo shareholders marks a crucial step towards finalizing the agreement, which is expected to have far-reaching implications for the streaming landscape. By combining Fubo's capabilities with Hulu's extensive live TV offerings, the merged entity is poised to pose a more formidable challenge to industry giants like YouTube. The news highlights the ongoing evolution of the streaming industry, as companies seek to consolidate their positions and offer more comprehensive services to attract and retain customers.