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October 13, 2012 04:32 am GMT

Its Done: Providence Equity Partners Has Sold Its Stake In Hulu For $200M

huluIt's been a long time coming, but private equity firm Providence Equity Partners has sold its stake in Hulu for $200 million, a person familiar with the matter has confirmed. The buyout of the firm's shares, which has closed but has not yet been announced, will have a huge impact on Hulu and could significantly shape its future.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OqYDE79n0po/

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