AT&T Sells Out of Hulu
Posted on 04/15/2019
AT&T sold its 9.5% minority stake in Hulu back to the streaming video joint venture. The sold stake is valued at US$ 1.43 billion and the deal values Hulu at US$ 15 billion. The streaming joint venture owners includes The Walt Disney Company and Comcast Corporation. Post-deal, Disney has a 66% stake in the streaming […]