That fight ended today, with Goliath buying out David.
Fubo and Disneyannounced an agreementthat will see the Mickey Mouse Company take majority ownership over its sports streaming competitor.
Hulu + Live TV and Fubo will both continue to operate as separate services.
The FuboTV app on a television screen© Gabby Jones/Bloomberg via Getty Images
So what does Disney get out of all of this?
Well, it gets to move forward with plans to launch its own sports streaming service.
Earlier this year, the company announced plans with Fox and Warner Bros.
But Fubo had managed to intervene in that plan.
Now that opposition is over.
Fubo agreed to settle all litigation related to Venu Sports as part of its new deal with Disney.
It got a pretty penny for that outcome, too.
Disney, Fox, and Warner Bros.
Discovery agreed to pay out $220 million in total to Fubo in exchange for ending its legal action.
Disney is also providing its new partner with a $145 million loan for its operation.
And if the deal falls through for whatever reason, Fubo will pocket a $130 million termination fee.
Money talks, as it turns out.
He reportedlytried to stop AT&T from purchasing Time Warnerin part because of his personal distaste for CNN.
Everythings coming up Disney.
News from the future, delivered to your present.
