Disney reportedly in talks to buy AT&T’s stake in Hulu

The Verge ----------- Disney is close to owning a majority stake in Hulu, and now the company is reportedly looking to expand that by acquiring AT&T’s 10 percent stake in the streaming service. Disney is in active talks with AT&T to buy its stake in Hulu, according to Variety. The sale would reportedly net AT&T close to $1 billion and give Disney up to a 70 percent ownership in Hulu. Disney already owns 30 percent of Hulu, and it’s in the process of acquiring 21st Century Fox, which owns another 30 percent. To learn more click on the picture below to read the article.