Disney-owned Hulu has announced a surprise merger with Fubo, essentially putting an end to the lawsuit between the companies.

You might have missed it, but the world of sports TV changed forever this month.

The new venture, which will be operated under the publicly traded Fubo company name, will be 70% owned by Disney and the remainder ... continue to run under both brands: Fubo and Hulu + Live ...

Disney and FuboTV are nearing a deal to combine their online live TV businesses, a deal that is expected to see Fubo drop its legal claims against Disney, Fox and WBD over Venu Sports.

Under the transaction, Disney will fold Hulu + Live TV business into Fubo, creating a new venture that will be 70% owned by Disney ... to operate under two brands: Fubo and Hulu + Live TV.

CBS News Walt Disney is joining its Hulu+ Live TV service with streaming provider Fubo, the companies announced Monday. The ...