Hulu has agreed to buy back AT&T’s stake in its business in a deal that values the streamer at $15 billion. (THR)
According to the companies, the transaction did not require any governmental or other third-party approvals and was simultaneously signed and closed. (Variety)
Hulu, which only a month ago was owned by four big media companies—Disney, 21st Century Fox, NBCUniversal and AT&T/WarnerMedia—now will be co-owned by Disney and NBCU. (Deadline)
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