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Disney, Fubo To Combine Streaming Services In Major Merger Disney, Fubo To Combine Streaming Services In Major Merger
Disney, Fubo To Combine Streaming Services In Major Merger Disney is set to acquire a majority stake in FuboTV Inc., merging its Hulu + Live TV service with Fubo in a transformative deal expected to reshape the streaming landscape. The combined business, operating under the Fubo name, will continue offering Hulu + Live TV and Fubo as separate services, the companies announced in news releases on Monday, Jan. 6.  With 6.2 million North American subscribers, the new venture aims to deliver greater consumer choice through expanded programming and flexible pricing. "This combination enables us to deliver on our promise to provide consumers with g…

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by Chris Spiker
Business
Jersey Mike’s Sells Majority Stake To Blackstone, Chain's Founder Aims For 'Greater Heights' Jersey Mike’s Sells Majority Stake To Blackstone, Chain's Founder Aims For 'Greater Heights'
Jersey Mike’s Sells Majority Stake To Blackstone, Chain's Founder Aims For 'Greater Heights' Jersey Mike’s Subs, a Garden State icon that grew into a national sandwich powerhouse, is set to sell a majority stake to private equity giant Blackstone, officials said. The Manasquan-based restaurant chain has agreed to sell the stake in the company, Blackstone said in a news release on Tuesday, Nov. 19. Jersey Mike’s founder and CEO Peter Cancro will keep a significant equity share and continue leading the business. When he was 14 years old, Cancro began working at the original location in Point Pleasant that opened as Mike's Subs in 1958. At 17, he bought the restaurant in 1975 and…

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by Chris Spiker