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Comcast and Fubo TV Merger Expected to Shake Up Streaming TV

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Streaming TV,Merger,Fubo TV

Comcast is expected to merge its Hulu + Live TV streaming service with competitor Fubo TV, potentially sparking a wave of consolidation in the streaming TV industry. This move comes amidst a surge in deal activity in the media-tech-telecom sector, fueled by expectations of a more M&A-friendly environment under a potential second Trump administration. Hollywood and Wall Street are anticipating megamergers, with companies like Warner Bros. Discovery and Comcast exploring spin-offs and mergers of their cable networks units.

to merge its multichannel streaming service Hulu + Live TV with its competitor Fubo TV, shaking up the streaming TV business. The news comes as many in Hollywood and on Wall Street arein deal volume in the media-tech-telecom space, especially if the second administration of Donald Trump turns out to be as open to M&A as widely expected.

Morgan Stanley analyst Benjamin Swinburne cautioned though in a Dec. 18, emphasizing that “M&A often takes longer to play out than the market expects.”Warners and Comcast Have Lots of Deal Options will have to have an organic business plan and media executives will likely have to wait until at least 2026 for SpinCo to be a true free agent.”

While most on Wall Street see DC as a core part of the conglomerate, FBN’s Routh sees an option ahead to boost the market value investors assign to it. “Warner Brothers Discovery will consider taking DC Comics public as the valuation it would get is likely much higher than what is currently reflected in the public equity,” he tellsEntering 2024, talk of bundling streaming services akin to traditional pay-TV bundles was all the rage.

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