Disney Stock Soars as Investors Reappraise Hulu Live TV Stake

Walt Disney's stock price rose by 2% to $108.74 on September 2, 2026, as investors reevaluated the value of its stake in Hulu Live TV and FuboTV's combined streaming bundle.

The combined live TV distributor, which operates Hulu + Live TV, Fubo, and Molotov, has become the second-largest virtual multichannel video programming distributor in the US with a pro forma annual revenue base above $6 billion and 5.75 million subscribers in North America plus 356,000 elsewhere.

This scale is significant for Disney's earnings outlook as subscription fees, advertising, and related party revenue from its non-controlling interest help underpin its adjusted earnings guidance for the current fiscal year.