AT&T has indicated it might sell the 10 percent stake in Hulu (US streaming service giant) that it acquired with its $85 billion acquisition of WarnerMedia. Hulu has been recently valued at $9.3 billion, making WarnerMedia’s stake worth $930 million at a time when its new parent company AT&T is working to pay down $18 …
As the DOJ and FCC continue to review whether they will approve, lay conditions or simply block the Comcast and Time Warner Cable (TWC) merger, one expert believes that Comcast could have a backup plan in the event the proposed merger with TWC falls through. According to Rich Greenfield, analyst with BTIG Research, if the …