28-02-2019 00:33 via theverge.com

Disney reportedly in talks to buy AT&T’s stake in Hulu

Disney is close to owning a majority stake in Hulu, and now the company is reportedly looking to expand that by acquiring AT&T’s 10 percent stake in the streaming service.Disney is in active talks with AT&T to buy its stake in Hulu, according to Variety. The sale would reportedly net AT&T close to $1 billion and give Disney up to a 70 percent ownership in Hulu. Disney already owns 30 percent of Hulu, and it’s in the process of acquiring 21st Century Fox, which owns anoth
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