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

By: capt_nemo in POPE 5 | Recommend this post (0)
Thu, 18 Apr 19 2:28 AM | 48 view(s)
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Msg. 30449 of 62138
(This msg. is a reply to 30447 by Zimbler0)

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OK thanks for that zimm. I didnt read much. That was just a headline post LOL MY BAD!!!!!!!!!!




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Re: Disney in Control, Hulu buys out AT&T for $1.4B,,,,,,,,MORE MONOPOLES????
By: Zimbler0
in POPE 5
Thu, 18 Apr 19 1:06 AM
Msg. 30447 of 62138

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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