Seeking Alpha

Providence Equity Partners has reportedly sold its 10% holding in Hulu back to the online video...

Providence Equity Partners has reportedly sold its 10% holding in Hulu back to the online video service for $200M in a transaction that values the company at $2B. Hulu is taking a loan to fund the acquisition, which leaves News Corp. (NWS), Comcast (CMCSA) and Disney (DIS) as the remaining owners. Separately, Hulu's CEO is poised to receive $40M.
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