Disney and FuboTV enter into a strategic merger to reshape the online live TV market

 Disney and FuboTV enter into a strategic merger to reshape the online live TV market


Disney and FuboTV recently announced a merger agreement to integrate Disney's Hulu + Live TV business into FuboTV to form a new virtual multi-channel video distribution platform. Under the agreement, Disney will own 70% of the combined company, while FuboTV will own 30%. This merger is expected to provide consumers with a wider selection of programs, combining the strengths of both companies to attract more subscribers. The combined company will continue to operate under the Fubo and Hulu + Live TV brands, aiming to become the second largest digital pay-TV provider after YouTube TV, with about 6 million subscribers.


Singapore's Digital Edge Successfully Raises $1.6 Billion to Fuel Data Center Expansion in Asia


Digital Edge, a Singapore-based data center operator, recently announced that it has successfully raised more than US$1.6 billion in financing, including approximately US$640 million in equity investment and US$1 billion in debt financing. The funds will be used to fuel a number of the company's data center expansion plans in Japan, South Korea, India, and elsewhere. Since its inception in 2020, Digital Edge has operated 21 data centers in six Asian countries, delivering more than 500 megawatts of critical IT load, with plans to develop 300 megawatts of new facilities in the future.


MicroStrategy Steps Up to the Bitcoin Plate Again, Acquires 1,070 for $101 Million


MicroStrategy recently announced that it has purchased 1,070 bitcoins for $101 million at the end of 2024, a transaction that brings its total holdings to 447,470. The company plans to further expand its bitcoin investments through the issuance of perpetual preferred stock, common stock, and debt financing, and expects to raise as much as $2 billion in support of its “21/21 Plan,” which is to raise $21 billion over the next three years through equity and fixed-income instruments.MicroStrategy's Bitcoin investments realized a 74% return in 2024, demonstrating its strong performance in the digital asset space.

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