ch-ch-Changes, what's up with HULU?? 1:26 PM Hu
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ch-ch-Changes, what's up with HULU??
1:26 PM Hulu's old media owners (DIS, CMCSA, NWS) have decided not to sell the company, or even a stake in it, and will instead provide a $750M cash infusion while maintaining their current equity positions. Reported demands for a slew of streaming/licensing restrictions likely helped scuttle buyout/investment talks with the likes of DirecTV (DTV), Time Warner Cable (TWC), and AT&T/Chermin (T), much as they helped scuttle 2011 talks. Netflix (NFLX +4.4%) is probably pleased. (previous) Read comments
T price at time of publication: $35.59. Check T price now »
from seekingalpha.com ....news delivered
........Not Selling?? 750M Cash Infusion ......this Sector Gone Crazy!!
..........just makes a body wonder, doesn't it??
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