Hulu bought back AT&T's 9.5% share for $1.43 billion — putting the streaming platform's overall valuation at $15 billion:
billion, in a deal that put the streaming platform's overall valuation at $15 billion, per Variety. This raises it almost $6 billion above Disney's valuation from summer of 2018.Hulu will distribute the stake back to its investors, and it's likely that majority-owner Disney will be the biggest beneficiary.
Should the stake be divided 2:1, mirroring current ownership, that would give Disney a 66% share, and NBCU 34%. Comcast-owned NBCU has desirable content — it owns cable channels like E!, USA, and Bravo, for instance.the cable giant hopes to go where consumers are, and sees Hulu as an ideal place for some of Comcast's content.
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