AT&T sold its minority stake in Hulu back to the company in a deal that values the streaming video site at around $15 billion
AT&T Inc. sold its minority stake in Hulu back to the company in a deal that values the streaming video site at around $15 billion, a sharp jump from more than two years ago.
Hulu, which is now owned by two major media companies, has been trying to build a service that can rival Netflix Inc. and other streaming services that are competing for the attention of television watchers.
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