AT&T sells Hulu stake, valuing the video streaming company at $15 billion
https://www.cnbc.com/2019/04/15/att-sells-hulu-stake-valuing-company-at-15-billion.html
Hulu has repurchased AT&T's 9.5 percent stake in the business for $1.43 billion, giving the streaming company a valuation of $15 billion.
The transaction, announced on Monday, indicates that Hulu continues to gain popularity, even as the market for over-the-top content becomes increasingly crowded. The valuation is a big step up from November, when Disney said in a regulatory filing that the company was worth $9.26 billion.
AT&T sells Hulu stake, valuing the video streaming company at $15 billion
Apr 15, 2019, 10:22pm UTC
https://www.cnbc.com/2019/04/15/att-sells-hulu-stake-valuing-company-at-15-billion.html
> Hulu has repurchased AT&T's 9.5 percent stake in the business for $1.43 billion, giving the streaming company a valuation of $15 billion.
> The transaction, announced on Monday, indicates that Hulu continues to gain popularity, even as the market for over-the-top content becomes increasingly crowded. The valuation is a big step up from November, when Disney said in a regulatory filing that the company was worth $9.26 billion.