April 15, 2019

Hulu Buys AT&T’s Minority Stake in Joint Venture

DALLAS & SANTA MONICA, Calif.–(BUSINESS WIRE)–AT&T (NYSE:T) and Hulu today announced an agreement by which AT&T has sold its minority stake in Hulu back to the streaming video joint venture. The transaction valued Hulu at $15 billion, with AT&T’s 9.5% interest valued at $1.43 billion. The transaction did not require any governmental or other third-party approvals and was simultaneously signed and closed. “We thank AT&T for their support and investment over the past two years a

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