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Hulu bought AT&T"s 9.5% stake in the streaming service for $1.43 billion, valuing itself at $15 billion

Illustration by Chesnot/Getty Images Hulu bought AT&T'.....»»

Category: topSource: businessinsiderApr 15th, 2019

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

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......»»

Category: topSource: reutersApr 15th, 2019

Hulu buys back AT&T"s 9.5 percent stake for $1.43 billion

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......»»

Category: topSource: reutersApr 15th, 2019

Hulu buys back AT&T"s 9.5 percent stake

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......»»

Category: topSource: moneycentralApr 15th, 2019

AT&T sells Hulu stake in deal that values streaming service at $15 billion

AT&T Inc. said late Monday it has sold its minority stake in Hulu back to .....»»

Category: topSource: marketwatchApr 15th, 2019

Hulu buys back AT&T"s stake in $1.43 billion deal

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......»»

Category: topSource: reutersApr 15th, 2019

Disney takes control of Hulu before own streaming launch

Comcast Corp has agreed to give Walt Disney Co full control of Hulu in a deal that puts a minimum future value on the streaming service of $27.5 billion while laying the groundwork for the creation of a powerful competitor for Netflix Inc......»»

Category: topSource: reutersMay 14th, 2019

Hulu"s valuation nearly triples

Hulu earned a $15 billion valuation when it bought back AT&T's stake in the company for $1.4 billion. But as Fred Katayama reports, it's still worth one-tenth that of Netflix......»»

Category: videoSource: reutersApr 16th, 2019

Morgan Stanley Dissects AT&T"s Sale Of Hulu Stake

AT&T Inc. (NYSE: T) has agreed to sell its 9.5-percent ownership stake in streaming video company Hulu back to the company itself for $1.43 billion. Latest Ratings f.....»»

Category: blogSource: benzingaApr 16th, 2019

AT&T commits to cutting up to $20 billion in debt in 2019

AT&T Inc said on Thursday it has committed to cutting its heavy debt load next year through a variety of measures, including a review of all of its non-core assets such as its stake in streaming video company Hulu for possible sale......»»

Category: topSource: reutersNov 29th, 2018

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain

WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild......»»

Category: topSource: reutersJul 12th, 2019

Madame Tussauds owner Merlin to be bought by Lego family and Blackstone

Madame Tussauds owner Merlin Entertainments is to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone Group LP in a deal valuing the company and its debt at nearly 6 billion pounds ($7.6 billion)......»»

Category: topSource: reutersJun 28th, 2019

Disney to Buy Comcast’s Hulu Stake and Take Full Control of Streaming Service

The deal is a potentially crucial deal for Hulu, which built its audience on the lineup of shows from NBC, ABC and Fox......»»

Category: mediaSource: nytMay 14th, 2019

Uber Self Driving Car Unit Gets $1 Billion, Valuing It At $7.25 Billion

Uber Technologies Inc.’s Advanced Technologies Group (Uber ATG), which runs the ride-sharing service got $1 billion from a group of investors. The deal values Uber ATG at $7.25 billion on a........»»

Category: blogSource: 247wallstApr 19th, 2019

Is Hulu the next battleground in the Comcast-Disney fight?

It’s down to two. Comcast and Disney are now the only remaining owners of Hulu, after AT&T sold its 9.5 percent stake back to the streaming service. Hulu started more than 10 years ago as a joint venture between the top three broadcast networks .....»»

Category: topSource: bizjournalsApr 17th, 2019

As Netflix Contends With More Rivals, Hulu Stands Out

With 148 million subscribers and a value of $157 billion, Netflix is the leader in streaming. But Hulu, now controlled by Disney, has something Netflix doesn’t: ads. And they are worth a lot......»»

Category: mediaSource: nytApr 17th, 2019

Netflix Falls On Lower Earnings, Sales Guidance

Netflix, Inc. (NASDAQ: NFLX) shares dropped despite reporting a big first-quarter earnings beat. The streaming service reported first-quarter earnings of 76 cents per share, beating estimates by 19 cents. Sales came in at $4.521 billion, beati.....»»

Category: earningsSource: benzingaApr 16th, 2019

The Ratings Game: Roku stock gains after Needham calls Disney+ launch a big catalyst

Needham analyst Laura Martin reiterated her bullish view of Roku Inc. shares on Tuesday, writing that Walt Disney Co.’s planned launch of a dedicated streaming service could be the “next $1 billion upside driver” for the company......»»

Category: topSource: marketwatchApr 16th, 2019

AT&T sells Hulu stake, values video service at $15B

Hulu, which is now owned by two major media companies, has been trying to build a service that can rival Netflix Inc. and other streaming services that are competing for the attention of television watchers......»»

Category: topSource: foxnewsApr 16th, 2019

AT&T sells 10% Hulu stake back to Hulu

The transaction values the entirety of Hulu at $15 billion......»»

Category: topSource: bizjournalsApr 15th, 2019

Netflix’s Market Value Dropped $8 Billion After the Disney Plus Announcement

Disney's streaming service will have Marvel, Star Wars .....»»

Category: topSource: timeApr 12th, 2019