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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

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 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

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

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

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

AT&T sells 10% Hulu stake back to Hulu

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

Category: topSource: bizjournalsApr 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

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

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

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 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

Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co

Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp ......»»

Category: topSource: reuters9 hr. 53 min. ago

Consumer Watch: Marijuana-delivery service Eaze scales back $1 billion ambitions, documents show

The cannabis-delivery company that once said it planned to deliver $1 billion worth of cannabis in 2020 is now heading for a much smaller target: less than $500 million......»»

Category: topSource: marketwatchJul 17th, 2019

WPP in exclusive talks to sell Kantar stake to Bain Capital

WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth......»»

Category: topSource: reutersJul 1st, 2019

Nomura (NMR) Announces Share Repurchase Worth $1.4 Billion

Nomura (NMR) announces that it will reduce its stake in an affiliate and use the proceeds to buy back s.....»»

Category: worldSource: nytJun 19th, 2019

VW to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake......»»

Category: topSource: reutersJun 14th, 2019

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake......»»

Category: topSource: reutersJun 14th, 2019

Uber loses $1 billion in quarter as costs grow for drivers, food delivery

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company......»»

Category: topSource: reutersMay 30th, 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