FuboTV settled all pending litigation with Disney, FOX, and Warner Bros. Discovery, and will receive a $220 million cash payment from the companies.

Disney's Hulu + Live TV and sports streaming service Fubo are combining in a deal that will also see the settlement of a lawsuit against the creation of Venu Sports. Fubo and Hulu + Live TV both allow customers to stream live broadcast and cable networks on their connected TVs,

Disney will merge its Hulu + Live TV virtual MVPD with competitor Fubo, expanding its sports-focused distribution while settling a suit over skinny bundle Venu.

Walt Disney is joining its Hulu+ Live TV service with streaming provider Fubo, the companies announced Monday. The new venture, which will be operated under the publicly traded Fubo company name, will be 70% owned by Disney and the remainder by Fubo shareholders, according to a joint statement.

The agreement ends litigation between the two companies over plans for a sports streaming service, but consumer advocates are pushing back.

The combination of Hulu + Live TV and Fubo brings together 6.2 million streaming subscribers in North America, with roughly $6 billion in sales. Its biggest rival, Google’s YouTube, had more than 8 million subscribers last year when it last publicized those numbers.

Fubo will be combined with Hulu's live TV service and offer a new streaming package with ABC and ESPN channels.

Walt Disney Co said on Monday it would merge its Hulu + Live TV business with smaller rival FuboTV , removing a significant hurdle to the launch of its sports streaming venture with Fox Corp and Warner Bros Discovery .

Fubo and the Disney-owned Hulu Plus Live TV services will be merging their live TV streaming operations, both companies announced on Monday. The Walt Disney Co. will become the majority stakeholder of the combined business, with the joint service working under Fubo's brand name.