Walt Disney is joining its Hulu+ Live TV service with streaming provider Fubo, the companies announced Monday. The new venture, which will be operated under the publicly traded Fubo company name, will be 70% owned by Disney and the remainder by Fubo shareholders, according to a joint statement.

The deal would combine Hulu + Live with Fubo and end litigation against the Venu Sports joint streaming service.

According to a press release, Fubo and Hulu with Live TV will continue to be offered separately, but new subscription packages will be available after the deal closes. Customers will continue to use the Fubo app to watch Fubo programming, and Hulu's live TV subscribers will retain access to the Disney bundle and stream content via the Hulu app.