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DOJ reportedly scrutinized Disney’s planned combination with Fubo over competition concerns in 2025. A Fubo SEC-filed proxy confirms that the companies received a formal request for more information; the deal later closed on October 29, 2025, with Fubo and Hulu + Live TV continuing as separate consumer services.
Did DOJ investigate the Disney–Fubo deal?
TechCrunch reported on April 23, 2025, that the Department of Justice was probing the deal over competition concerns (TechCrunch’s report). The account should be understood as reported scrutiny, not as a public DOJ finding that the transaction violated antitrust law.
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A Fubo proxy filed with the SEC documents a specific procedural step: DOJ issued Disney and Fubo a Second Request for additional information on March 26, 2025 (Fubo’s SEC-filed proxy). Under the Hart-Scott-Rodino process, that request paused the waiting period until 30 days after both companies certified substantial compliance, unless extended. A Second Request means the agency sought more information; by itself, it does not establish that DOJ found a violation.
What was the deal, and why did it draw scrutiny?
Disney and Fubo announced the planned combination on January 6, 2025, alongside a settlement of Fubo’s litigation related to Venu Sports, a proposed sports-streaming venture involving Disney, Fox and Warner Bros. Discovery (deal announcement).
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Fubo’s lawsuit raised allegations involving sports-network licensing, bundling and carriage provisions. Those were claims made by Fubo, not established findings; Disney’s SEC report describes them as allegations (Disney’s SEC report). The proposed Venu venture and the Fubo–Hulu + Live TV transaction were related to the surrounding dispute, but they were not the same product: Venu was planned as a sports-focused streaming service, while Fubo and Hulu + Live TV were live-TV streaming services.
Senator Elizabeth Warren urged DOJ to scrutinize the transaction and characterized it as a way for Disney to avoid antitrust consequences. That was Warren’s argument, not a conclusion by DOJ or a court (Warren’s letter).
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Did the deal close, and did Fubo and Hulu + Live TV merge into one service?
The transaction closed on October 29, 2025. Fubo and Disney said the combined business would continue to offer Fubo and Hulu + Live TV separately to consumers (closing announcement). The combination of the businesses therefore did not mean that subscribers were moved into a single service.
At closing, Fubo reported nearly 6 million subscribers across North America for the combined business (Fubo’s closing figures). That is a company-reported subscriber total, not a DOJ market-share calculation or a finding about market concentration.
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What is publicly known about DOJ’s outcome?
The cited record confirms the Second Request and the transaction’s eventual closing, but it does not provide a transaction-specific public DOJ explanation of its analysis or detailed reasoning for the review’s outcome (Fubo’s proxy; closing announcement). Closing alone does not show that DOJ affirmatively concluded competition would not be harmed, nor does it reveal what the agency considered internally.
The available facts support a narrower account: media reported a DOJ probe, the SEC-filed proxy records a formal request for additional information, and the companies completed the transaction while retaining separate consumer services. The sources do not establish the deal’s effect on prices or quantify its effect on competition.
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