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Hulu CEO Freer Steps Down

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The CEO of Los Angeles-based Hulu , Randy Freer, is stepping down from heading up the company, Disney said late Friday. The move comes as a restructuring by Disney, as it continues to shuffle its business after its acquisition of 21st Century Fox. Freer had been CEO since October of 2017.

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Hulu Buys Back Stake From AT&T

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Los Angeles-based streaming television service Hulu and AT&T said on Monday that Hulu has acquired AT&T's 9.5 AT&T and Hulu said the deal values Hulu at $15 billion. Hulu did not say what the source of financing was for the deal. percent stake in the company, worth $1.43 READ MORE>>.

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Hulu Gets $750M, Studios To Maintain Ownership

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Los Angeles-based video streaming site Hulu will receive $750M in a funding round, and continue to be owned by 21st Century Fox, NBCUniversal and The Walt Disney Company, those firms announced Friday morning, as the companies have decided not to sell their stake in the onlie television site. READ MORE>>.

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Report: Comcast Considering Sale Of Stake In Hulu

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It appears that another one of the owners of Los Angeles-based streaming television provider Hulu may be looking to unload its current, minority stake in the company, according to a report from CNBC this morning. According to CNBC, Comcast is looking to sell its current 30 percent stake in Hulu to Disney. READ MORE>>.

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Hulu: Streaming, Subscriptions Up

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Los Angeles-based Hulu released some new numbers on the use of the company''s streaming video today, saying that it has set new records for revenue, video streaming, and subscribers to Hulu Plus. According to Hulu, it now has more than 4 million subscribers to its service, the record for new subscribers.

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Hulu Acquires Vhoto

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Los Angeles-based video streaming site Hulu has acquired Vhoto , a developer of computer vision and machine learning software, according to reports. Vhoto CEO and founder Noah Heller has joined Hulu as Vice President of Audience Development, according to Heller's LinkedIn profile. READ MORE>>.

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Report: Hulu Hires Guggenheim Partners To Sell Company

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A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

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