Disney and Fubo have reached an agreement to merge Hulu + Live TV with FuboTV, the companies announced via a press release. This will create a new entity that Disney owns 70 percent of, with Fubo taking up the remaining 30 percent.

The deal will create a streaming multichannel video service that is second only to YouTube in scale, while potentially allowing the Venu service to move forward.

Will the Hulu + Live and FuboTV deal mean more options for watching NFL, MLB and NBA games or will it mean higher prices? We explain.

Ruby Franke, a YouTube mom blogger sentenced to years in prison for child abuse, is set to be the subject of a three-part docuseries at Hulu.

In a surprising deal announced on Monday, Disney is set to combine its Hulu Live TV business with Fubo, the live TV streaming service known for its extensive sports coverage. Under the terms of the deal, Disney will own about 70% of Fubo, which will continue to be available to viewers as a separate offering.

These benefits are all hypothetical for now, but any attempt by Fubo and Disney to take on YouTube TV has to mean good things for subscribers: the two streaming services will naturally need to get more competitive to win over YouTube TV subscribers, be it by bolstering the channel list, reducing the price or improving the user experience.

Under the transaction, Disney will fold Hulu + Live TV business into Fubo ... With a combined 6.2 million subscribers in North America, the new venture will trail only YouTube TV.

Hulu+ Live TV and Fubo will merge their internet TV businesses, Disney announced Monday. Disney, which owns Hulu, will be the majority owner of the new Fubo.

With a subscriber count that rivals YouTube TV, Disney has entered into an agreement that will see Hulu + Live TV and Fubo merging.