NEW YORK–(BUSINESS WIRE)–Sterlington advised the management team of FuboTV Inc. (“Fubo”) on executive compensation matters in its business combination with The Walt Disney Company’s Hulu + Live TV, which closed today.
The transaction combines Fubo’s leading sports-first live TV streaming platform with Hulu + Live TV’s extensive entertainment and content portfolio, creating the sixth-largest pay TV company in the United States.
Under the terms of the agreement, Disney now holds approximately 70 percent interest in the combined business. Fubo’s management team, led by co-founder and CEO David Gandler, will operate the combined Fubo and Hulu + Live TV businesses with a continued focus on growth and profitability.
Executive Compensation partners Jeremy L. Goldstein and Kristy Fields led the Sterlington team.