Hulu


Hulu buys back minority stake from AT&T

Hulu has struck a deal with AT&T to take back a 9.5% minority stake from the company for $1.43bn, as the telecoms and media business looks to reduce its debt. The transaction valued Hulu a $15bn. It did not require any governmental or other third-party approvals and was simultaneously signed and closed. Hulu is part-owned […]

Disney+ unveils price point, two-year global expansion

Disney has given investors a first glimpse into its new SVOD service, which is to launch on 12 November with a “rapid” global expansion planned within the next two years. The Mouse House’s long-anticipated Investor Day in Burbank, California, included extensive presentations on Hulu, Hotstar, ESPN+ and Disney+ from execs including chairman and CEO Bob […]

Report: Disney in talks to acquire WarnerMedia’s Hulu stake

Disney is in active talks with AT&T to acquire WarnerMedia’s 10% stake in Hulu, according to reports. The house of mouse is already set to own 60% of the US streamer once it closes its acquisition of 21st Century Fox assets. If the deal with WarnerMedia were to go forward, it would have a majority […]

Hulu hires first in-house head of casting

Hulu has hired its first in-house head of casting, Barbara Fiorentino, as it continues to build its original programming. Fiorentino, who has owned her casting company since 1999, has been hired as head of talent and casting and will report to VP of originals Beatrice Springborn. The exec will bring with her associate, Terese Classen, […]

eOne takes int’l rights to Hulu’s Fyre Fraud

Entertainment One (eOne) has secured international rights to Fyre Fraud, Hulu’s feature-length doc about the failed music festival which scammed thousands of millennials. Fyre Fraud ignited conversations this year with its personal true-crime investigation of one of the biggest con-men of the last decade, Billy MacFarland. McFarland is serving 6 years in jail for deceiving […]

TCAs: Hulu, WarnerMedia execs lift lid on streaming future

Top brass at Hulu and WarnerMedia have lifted the lid on their streaming plays as the Television Critics Association’s winter press tour reaches its final week. TBS and TNT president Kevin Reilly, who is to lead the content strategy for parent company WarnerMedia’s new streaming service, said that the business – whose portfolio includes HBO, […]

Disney to lose $150m in third-party licensing revenue in 2019

Disney has confirmed that the business will this year lose around $150m in content licensing revenues – money from content it would have sold to third-party channels and platforms. The business will instead keep that content for its own services, most notably Disney+, which is expected to launch at the end of this year. Chief […]

Banijay sends Israeli drama Juda to Hulu

Banijay Rights has sold Israeli scripted series Juda into US streaming service Hulu, and secured a studio option for an English remake. The distribution arm of Banijay Group has sold the vampire drama, which was originally produced by Israel’s United Studios for cable channel Hot, into the SVOD, where it will premiere early this year. […]

Hulu drops price for popular plan after Disney’s streaming loss reveal

Hulu is dropping the price of its most popular streaming plan by $2 and hiking up the charge for its Live TV service by $5 after it was revealed to have made a $580m loss for Disney, its 60% owner, earlier this week. Days after Netflix raised its rates in the US, Hulu has announced […]

Disney offers earnings forecast, reveals $580m Hulu losses

Disney has broken out its financial results for direct-to-consumer and international activities for the first time as it prepares for the launch of its Disney+ streaming service. DTC activities on their own – principally Hulu – turned in revenue of US$1.494 billion in 2018, up 22%, but operating losses also increased from US$96 million to […]

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