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AT&T may leave Hulu following WarnerMedia streaming service

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 …

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Criterion Collection set to introduce standalone streaming service

Leading video streaming company, Criterion collection is all set to make its subscription based streaming service live in US and Canada. In an announcement, Criterion is reported to have struck a deal with WarnerMedia to launch The Criterion Channel in spring next year. FilmStruck, home to Criterion’s catalog of arthouse classics and streaming offshoot of …

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WarnerMedia plans to unveil video streaming service

American multinational mass media and entertainment conglomerate, WarnerMedia plans to unveil its video streaming service on domestic circuit, followed by a potential international rollout. The video streaming app will feature content from outside providers. WarnerMedia is reportedly planning to open to licensing shows and movies from outside the company stable. John Stankey, CEO, WarnerMedia quoted, …

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WarnerMedia to close OTT service FilmStruck

WarnerMedia- the combined forces of HBO, Turner, and Warner Bros acquired by AT&T is closing down its OTT service, FilmStruck. FilmStruck is a OTT streaming service offering independent, foreign, older, and art house-style films from The Criterion and Turner’s Classic Movies collection. OTT service, FilmStruck will cease its international and US operations on November 29. …

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