Hulu buys AT&T's stake, leaving Comcast and Disney as owners

Engadget --------- Those rumors of AT&T ditching its stake in Hulu have proven true, although it didn't necessarily play out as expected. The telecom company has reached a deal to sell its 9.5 percent stake in Hulu (worth about $1.43 billion) back to the joint venture. It's not certain exactly how this will shift the balance of power or affect content, but Hulu chief Randy Freer said AT&T's WarnerMedia would stay a "valued partner" for "years to come." To learn more click on the picture below to read the article.