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.