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Comcast gives Disney control of Hulu, agrees buy-out option
2019-05-14 16:30:00| Telecompaper Headlines
(Telecompaper) Comcast has agreed to hand control of the OTT TV platform Hulu to Disney. The latter already owns a majority of the shares and will assume full operational control of Hulu, effective immediately. In return, Comcast secured a guaranteed price for its stake in Hulu if its decides to sell to Disney in the next five years.
Tags: control
option
disney
agrees
Hulu grows to over 28 mln subscribers, announces new content deals
2019-05-01 16:06:00| Telecompaper Headlines
(Telecompaper) US OTT TV service Hulu announced that it's passed 28 million subscribers, including 26.8 million monthly paid subscribers and 1.3 million promotional accounts. The company last reported over 25 million subscribers at the end of 2018. The figures were announced at an event in New York where Hulu also revealed details of new content and advertising offerings.
Tags: content
deals
subscribers
announces
Hulu U.S. customer base passes 28 million
2019-05-01 15:00:27| Digital TV News
At 'Hulu '19 Presentation', Hulu revealed continued rapid growth, new original programming and talent deals that expand its content offering, as well as brand initiatives, advertising products and UX enhancements that bolster its goal of becoming the #1 choice for TV.
Tags: customer
base
million
passes
Hulu buys back AT&T's 9.5% stake for USD 1.43 bln
2019-04-16 09:04:00| Telecompaper Headlines
(Telecompaper) AT&T has sold its 9.5 percent minority stake in Hulu back to the US online TV service for USD 1.43 billion. The transaction values Hulu at USD 15 billion. The transaction will not require any approval, which means it was signed and closed. Hulu CEO Randy Freer said the company looked forward to collaborating still with AT&T in the future and that WarnerMedia will remain a "valued partner" for years to come. AT&T meanwhile said it will use the money raised from the sale, along with other planned sales of non-core assets, to reduce its debt.
AT&T sells off stake in Hulu
2019-04-16 02:00:00| Total Telecom industry news
AT&T has sold its minority stake in online content streaming service provider, Hulu, for $1.43 billion. AT&T offloaded its 9.5 per cent stake in the company…read more on TotalTele.com »
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