Tag: AT&T
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Disney Reportedly in Discussions with Comcast to Purchase Remaining 30% Hulu Stake
The Walt Disney Company and Comcast are reportedly in discussions over the purchase of Comcast’s remaining 30% stake in Hulu. This continues Disney’s aggressive foray into the digital streaming market. The news comes from CNBC. While discussions are happening, this does not necessarily mean a deal with happen. Comcast is weighing when and how the…
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Hulu Purchases AT&T Stake For $1.4 Billion Leaving Only Two Owners for the Streaming Service
Los Angeles based Hulu has purchased AT&T’s stake in the streaming service. This means that Hulu now only has two owners. Disney is the majority partner with a controlling stake in the service with Comcast Corp being the minority partner. The purchase from AT&T cost Hulu $1.4 billion. The entire service is said to be…