FuboTV shares rallied after the company named Alisa Bowen, former president of Disney+, as its new CEO effective July 10. Bowen succeeds co-founder David Gandler and brings a decade of leadership experience at Walt Disney, where she also helped grow Hulu and ESPN+. Following FuboTV's combination with Disney's Hulu + Live TV business in early 2025, Disney owns roughly 70% of Fubo, and investors see Bowen's appointment as strengthening that relationship. Bowen plans to focus on sports and news offerings while building advertiser ties to drive profitability.
Fubotv IncFubo names former Disney+ president as CEO, seen as strengthening ties with majority owner Disney, driving shares up.
Walt Disney CompanyDisney owns ~70% of Fubo; Bowen's appointment strengthens the relationship, potentially benefiting Disney's streaming strategy.