Hulu’s value soars as Netflix rival buys stake from AT&T

Hulu’s value soars as Netflix rival buys stake from AT&T

5 years ago
Anonymous $9jpehmcKty

https://www.mercurynews.com/2019/04/16/hulus-value-soars-at-netflix-rival-buys-stake-from-att/

And then there were two. Owners of Hulu, that is.

Late Monday, Hulu said it paid $1.43 billion to buy the 9.5 percent of the streaming TV company that had been owned by AT&T. Now, Hulu is owned by Comcast, which controlled 30 percent of Hulu, and the Walt Disney Co., which owned 60 percent of the service prior to Monday’s deal.

Hulu’s value soars as Netflix rival buys stake from AT&T

Apr 16, 2019, 3:43pm UTC
https://www.mercurynews.com/2019/04/16/hulus-value-soars-at-netflix-rival-buys-stake-from-att/ > And then there were two. Owners of Hulu, that is. > Late Monday, Hulu said it paid $1.43 billion to buy the 9.5 percent of the streaming TV company that had been owned by AT&T. Now, Hulu is owned by Comcast, which controlled 30 percent of Hulu, and the Walt Disney Co., which owned 60 percent of the service prior to Monday’s deal.