{"id":21057,"date":"2019-04-15T22:48:33","date_gmt":"2019-04-15T22:48:33","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=21057"},"modified":"2019-04-15T22:49:07","modified_gmt":"2019-04-15T22:49:07","slug":"hulu-streaming","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/hulu-streaming\/","title":{"rendered":""},"content":{"rendered":"

Hulu has paid $1.43 billion to buy AT&T\u2019s minority stake in the streaming video company.<\/p>\n

<\/p>\n

Article from TechCrunch<\/a><\/em><\/p>\n

The companies announced Monday that the transaction valued Hulu at $15 billion. As a result, AT&T\u2019s 9.5 percent stake in Hulu was worth $1.43 billion.<\/p>\n

The valuation is two-thirds higher than last November when Disney reported in a regulatory filing that the streaming video company was worth $9.26 billion. Hulu is owned through by Hulu LLC, a joint venture of Disney and Comcast. Disney now has a 67 percent ownership of Hulu, which it gained, in part, through its $71 billion acquisition of 21st Century Fox. Comcast has a 33 percent stake in Hulu.<\/p>\n

AT&T, which has been\u00a0hinting about selling its minority stake<\/a>\u00a0in Hulu since November, will use proceeds from this transaction, along with additional planned sales of non-core assets, to reduce its debt.<\/p>\n

\u201cWe thank AT&T for their support and investment over the past two years and look forward to collaboration in the future. WarnerMedia will remain a valued partner to Hulu for years to come as we offer customers the best of TV, live and on demand, all in one place,\u201d\u00a0 Hulu CEO\u00a0Randy Freer\u00a0<\/a>\u00a0said in statement.<\/p>\n

AT&T acquired the 9.5 percent percent stake in the service by way of WarnerMedia, as a result of\u00a0its Time Warner acquisition<\/a>.<\/p>\n

AT&T and Hulu were increasingly looking like competitors, not partners.\u00a0AT&T has its own streaming services, including cord-cutter friendly live TV service DirecTV Now,\u00a0more lightweight WatchTV<\/a>\u00a0and another upcoming\u00a0direct-to-consumer service<\/a>\u00a0that will launch later this year and leverages its WarnerMedia properties.<\/p>\n

This new AT&T streaming service, which will work across devices, will launch into beta in Q4 2019, AT&T has said. The service is expected to expand over time to include third-party content through partnerships.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hulu has paid $1.43 billion to buy AT&T\u2019s minority stake […]<\/p>\n","protected":false},"author":13,"featured_media":21058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[1997,99,1385,1998,561],"class_list":["post-21057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-att","tag-ceo","tag-ceo-northam","tag-hulu","tag-streaming"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/21057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=21057"}],"version-history":[{"count":2,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/21057\/revisions"}],"predecessor-version":[{"id":21060,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/21057\/revisions\/21060"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/21058"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=21057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=21057"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=21057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}