Walt Disney Co is actively pursuing the purchase of WarnerMedia's nearly 10...
The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018. REUTERS/Lucy Nicholson
- Walt Disney Co is actively pursuing the purchase of WarnerMedia’s nearly 10 percent stake in Hulu, entertainment business news portal Variety reported on Wednesday, citing sources. Disney, Comcast and Twenty-First Century Fox Inc each had a 30 percent stake in the video streaming service Hulu, as of September 2018.
Time Warner, renamed WarnerMedia after its acquisition by telecom company AT&T Inc, holds a 10 percent passive stake in Hulu. In November last year, AT&T committed to cutting its heavy debt load in 2019 through a variety of measures, including a review of all of its non-core assets such as its stake in Hulu for a possible sale.Reporting by Manogna Maddipatla in Bengaluru; Editing by Shinjini Ganguli
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Netflix can compete as Disney, Warner Bros. enter the streaming space, but it won't be cheapComcast, Warner Bros. and Disney are the latest entries, signifying a major shift in strategy for traditional cable television companies — and it could be bad news for Netflix, in particular.
Baca lebih lajut »
The biggest winner at the 91st Academy Awards was DisneyDisney hauled in four Oscar wins on Sunday. While it was a good showing for the House of Mouse, the real bonus will come from its $71.3 billion acquisition of 21st Century Fox.
Baca lebih lajut »
'Avatar' Might Save Disney From A Slump After Avengers' And 'Star Wars'With 'Star Wars' on a break and the MCU future mostly unknown, it may be 'Avatar' that keeps Disney on top.
Baca lebih lajut »