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April 15, 2019 10:28 pm GMT

Hulu buys back AT&Ts minority stake in streaming service now valued at $15 billion

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 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/upE61-ZhRzA/

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