Fubo is expected to become immediately cash flow positive after its deal with Disney closes in 12 to 18 months; Fubo stock jumped 253.85% on Monday (Lillian Rizzo/CNBC)

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Lillian Rizzo / CNBC:
Fubo is expected to become immediately cash flow positive after its deal with Disney closes in 12 to 18 months; Fubo stock jumped 253.85% on Monday  —  WATCH NOW  —  Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced Monday.