Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

AT&T has sold its 10 percent stake in Hulu back to the streaming service today for $1.43 billion dollars, in a move that will now give Disney (which already had gained a controlling interest in Hulu through its Fox purchase) even more control going forward. Post-purchase, that puts Disneys stake in Hulu as owning 66 percent of the service, with Comcast owning the remaining 33 percent. As a sign of how quickly this has progressed, just last year, Hulu was still divided evenly between Disney, Fox, and Comcast each owning a 30 percent cut of the company alongside AT&Ts 10 percent stake. This could mean big changes for Hulu down the line Disney gaining even more control over Hulu could also mean a radical shift in what Hulu even is.... Continue reading…

Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday. ...

Mon 15 Apr 19 from Reuters Technology

Hulu buys back AT&T's 9.5 percent stake for $1.43 billion

Hulu is buying back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday. ...

Mon 15 Apr 19 from Reuters Technology

Hulu buys AT&T's stake, leaving Comcast and Disney as owners

Those rumors of AT&T ditching its stake in Hulu have proven true, although it didn't necessarily play out as expected. The telecom has reached a deal to sell its 9.5 percent ...

Mon 15 Apr 19 from Engadget

Hulu buys back AT&T's stake in $1.43 billion deal

Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the streaming service company in a deal valued at $1.43 billion, the two companies said on Monday.

Mon 15 Apr 19 from Reuters Technology

Hulu buys back AT&Ts minority stake in streaming service now valued at $15 billion

Hulu has paid $1.43 billion to buy AT&T’s minority stake in the streaming video company. The companies announced Monday that the transaction valued Hulu at $15 billion. As a result, ...

Mon 15 Apr 19 from TechCrunch

AT&T sells back stake in Hulu, leaving Disney and Comcast as remaining owners - CNET

The deal values Hulu at $15 billion.

Mon 15 Apr 19 from CNET

Disney takes even greater control of Hulu after AT&T sells stake

AT&T has sold its 10 percent stake in Hulu back to the streaming service today for $1.43 billion dollars, in a move that will now give Disney (which already had gained a controlling ...

Mon 15 Apr 19 from The Verge

Hulu repurchases AT&T's stake in company, valuing the streaming service at $15 billion

Hulu bought back AT&T’s 9.5 percent stake in the entity for $1.43 billion, valuing the streaming company at $15 billion.        

Mon 15 Apr 19 from USA today

Hulu buys back AT&T's 9.5 percent stake

Streaming service company Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the company in a deal valued at $1.43 billion, the two companies said on Monday.

Mon 15 Apr 19 from Reuters Technology

  • Pages: 1

Bookmark

Bookmark and Share