Disney just locked down a major streaming power move. The company officially closed its merger with Fubo, folding Hulu + Live TV operations into the sports-centric streamer — and Disney’s walking away with a 70% controlling stake in the new venture. With nearly six million North American subscribers, this new hybrid now ranks as the second-largest virtual pay-TV provider in the U.S., right behind YouTube TV, which boasts over 10 million subs. Disney first teased the deal back in January, and now that it’s done, the Fubo management team will stay in charge of day-to-day operations. The new board will be majority-controlled by Disney, and Fubo co-founder and CEO David Gandler gets a seat at that table too. Oh, and that messy lawsuit between the two? Gone. The merger wipes it clean. The companies say the partnership will make both platforms stronger — offering more flexible plans and better pricing for streamers who want both live TV and on-demand content. For now, Hulu + Live TV and Fubo will remain separate services, each with their own plans and apps. Hulu + Live TV will still bundle with Hulu, Disney+, and ESPN+.