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Re: Disney in Control, Hulu buys out AT&T for $1.4B,,,,,,,,MORE MONOPOLES???? 

By: Zimbler0 in POPE 5 | Recommend this post (1)
Thu, 18 Apr 19 1:06 AM | 82 view(s)
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Msg. 30447 of 62138
(This msg. is a reply to 30415 by capt_nemo)

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Captain,
I think you should have read the first paragraph from the article.

>>>
Hulu LLC, an online-streaming venture backed by the biggest companies in entertainment, bought out AT&T Inc.’s 9.5 percent stake in a deal worth about $1.43 billion. The accord, which values the whole entity at $15 billion, leaves the business with just a pair of owners: Walt Disney Co., which has majority control, and Comcast Corp.
>>>

Looks like Hulu used to be partially owned by AT&T . . .
Now Hulu bought itself back from AT&T.

Or have I misread something?
Zim.




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The above is a reply to the following message:
Disney in Control, Hulu buys out AT&T for $1.4B,,,,,,,,MORE MONOPOLES????
By: capt_nemo
in POPE 5
Wed, 17 Apr 19 9:04 AM
Msg. 30415 of 62138

http://finance.yahoo.com/news/hulu-now-majority-controlled-disney-212245301.html


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