Fubo and Hulu just dropped a bomb on the TV bundle

Two major competitors in the race to replace cable bundles have suddenly become partners.

This week, Fubo and Disney announced that they will combine their respective live TV businesses. That means Fubo and Hulu + Live TV will become a single entity, of which Disney will be the majority owner.

Neither service is going away. While Fubo and Hulu are merging their respective live TV businesses, the actual services will remain separate, offered through their own respective apps.