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Disney in conversations with AT & T to buy WarnleMedia's 10% share in Hulu – TechCrunch

Disney is in talks to buy AT & T's 10 percent stake in Hulu, which comes through its acquisition of WarnerMedia, according to a Variety report this morning. The news is not surprising: AT & T had already said he was exploring a sale. And Disney has been looking to increase its participation in Hulu after its agreement for 20th Century Fox, which when it is closed, will see that Disney collects Fox's share in 30 percent in Hulu.

Currently, Disney has a 30 percent stake in the Hulu broadcasting service. This means that the Fox deal will give a 60 percent stake in Hulu. The collection of Hulu in AT & T would take the property of Disney to 70 percent.

Comcast / NBCU is another great owner of Hulu, but is currently not ready to sell, said Variety.

AT & T detailed its transmission plans for investors in November, noting at the time when it was thinking of selling its Hulu share as part of its main objective of "monetizing assets" that was not essential to its current strategies and to help pay off your debt. Its percentage of Hulu is valued at 930 million dollars.

AT & T has little interest in Hulu because it is building its own internet transmission services, including live television service DirecTV Now; the most watched WatchTV; and a new service that uses its WarnerMedia properties. WarnerMedia also today operates transmission services for its brands, such as HBO NOW, Boomerang, DC Universe and others.

Disney, meanwhile, is preparing to launch its compatible Netflix compatible with family, Disney +, but sees Hulu as a place to host its most adult-oriented programming and general entertainment properties.

Today Hulu has 25 million subscribers, but it is still a smaller player compared to Netflix because it is not yet available worldwide. He also did not invest in original Netflix scale programming. Disney's biggest property will change these things and could help Hulu compete in the market against major rivals like Netflix, AT & T / WarnerMedia and Apple soon.

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