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,

The deal will create a streaming multichannel video service that is second only to YouTube in scale, while potentially allowing the Venu service to move forward.

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.

U.S. satellite TV provider DirecTV on Thursday challenged a dismissal of FuboTV's lawsuit against Venu Sports, the streaming service planned by Walt Disney , Fox Corp and Warner Bros Discovery Inc, saying it does not resolve antitrust issues around the joint venture.

US TV carrier DirecTV has released a statement questioning the recent dismissal of legal proceedings against Venu Sports, the joint venture sports streaming platform planned by ESPN, Fox, and Warner Bros.

Key Takeaways Venu Sports, the streaming service combining the services of The Walt Disney Co.'s ESPN, Warner Bros. Discovery, and FOX, on Friday was called off before it could launch.The companies said in a joint statement they felt they should be "focusing on existing products and distribution channels.