• Hulu now valued at $15 billion after buying back stake owned by AT&T

    6 days ago - By Phone Arena

    Hulu is now valued at $15 billion following the company's repurchase of a 9.5% stake owned by AT&T. According to Reuters, the telecommunications giant received $1.43 billion for its stake in the video streamer. Before the deal was announced, entertainment giant Disney owned 60% of Hulu via a joint venture. Comcast's NBCUniversal unit owns 30% of Hulu. Both Disney and Comcast will decide how to split up the chunk of equity that was just bought from AT&T.
    AT&T acquired the 9.5% ownership of Hulu when it purchased TimeWarner last year. The company said ...
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  • Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

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

    6 days ago - By Reuters

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

    6 days ago - By Reuters

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

    6 days ago - By Engadget

    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 stake in Hulu back to the joint venture. I...
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  • Hulu buys back AT&T's minority stake in streaming service now valued at $15 billion

    6 days ago - By TechCrunch

    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, AT&T's 9.5 percent stake in Hulu was worth $1.43 billion.
    The valuation is two-thirds higher than last November when Disney reported in a regulatory filing that the streaming video company was worth $9.26 billion. Hulu is owned through by Hulu LLC, a joint venture of Disney and Comcast. Disney now has a 67 percent ownership of Hulu, which it gained, in part, through its $71 billion acquisition of 21st Century...
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  • AT&T sells back stake in Hulu, leaving Disney and Comcast as remaining owners - CNET

    6 days ago - By CNET

    The deal values Hulu at $15 billion.
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  • Hulu buys back AT&T's stake in $1.43 billion deal

    7 days ago - By Reuters

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

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

    7 days ago - By The Verge

    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 Disney's 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&T's 10 percent...
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  • Hulu buys back AT&T's 9.5 percent stake

    7 days ago - By Reuters

    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.
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