The latest financial results comes as Fubo combines its video service with Hulu + Live TV to shake up the streaming TV business.

Disney and Fubo announced the closing of their deal merging Hulu + Live TV operations with Fubo, with Disney owning a 70% stake in the new company.

Disney and Fubo have come to an official agreement, announcing plans to merge the streamer’s business with Hulu + Live TV.

Disney takes 70% interest in the sports-focused channel, which becomes the nation's sixth largest pay-TV service with nearly 6 million domestic subscribers.

Last week, the Y ouTube team publicly called out Disney for its "costly economic terms" as part of their new distribution agreement. It noted that Disney's move would end up giving YouTube TV viewers fewer choices, while benefiting Disney's own products.

The move comes as the company's merger with Disney's Hulu + Live TV recently closed, creating the sixth largest pay TV service in the U.S.

The announcement of the deal came as a surprise in January, as Fubo had previously sued Disney (along with Fox and Warner Bros.) over antitrust concerns related to Venu, the streamers’ proposed giant sports app.

Disney and YouTube TV are stuck in a stalemate. ESPN personalities are appealing to YouTube TV customers, but their messages might not be resonating.

With nearly six million North American subscribers, the newly combined Fubo and Hulu + Live TV venture is now the second largest virtual pay-TV provider in the U.S. It only trails Google's YouTube TV, which reportedly has more than 10 million paying subscribers.