article thumbnail

Report: Comcast Considering Sale Of Stake In Hulu

socalTECH

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>>.

Hulu 113
article thumbnail

Report: Hulu Gets Bid From Chernin

socalTECH

has made a $500M bid for Hulu , according to a report this morning from Reuters. The report said that two sources "with knowledge of Hulu''s sale process" leaked the details. hulu peter chernin merger acquisition exit content hollywood streaming video' Peter Chernin , the former head of News Corp.,

Hulu 178
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report: DirecTV Considering Bid For Hulu

socalTECH

The latest company considering a bid for Los Angeles-based video streaming site Hulu is El Segundo-based DirecTV , according to reports Friday afternoon. A report from Reuters says DirecTV is just one of a number of companies considering a bid for Hulu. The report cited a "source familiar with the situation."

Hulu 159
article thumbnail

Report: Hulu Hires Guggenheim Partners To Sell Company

socalTECH

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>>.

Hulu 189
article thumbnail

Hulu Buys Back Stake From AT&T

socalTECH

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>>.

Hulu 100
article thumbnail

Disney Seeking To Buy AT&T's Stake In Hulu, Says Report

socalTECH

A report, from Variety, says that Disney is looking to buy AT&T 's stake in Los Angeles-based streaming television provider Hulu. According to the report, Disney is seeking to purchase the portion of Hulu which is owned by AT&T's WarnerMedia unit. No deal has been reached or announced yet. READ MORE>>.

Hulu 100
article thumbnail

Hulu Entertaining At Least Five Bidders, Says Report

socalTECH

Los Angeles-based video streaming site Hulu is entertaining offers from at least five different bidders, according to a report over the weekend, including one that values Hulu at between $600M to $800M. hulu streaming video merger acquisition content hollywood' READ MORE>>.

Hulu 147