Tag Archives: Randy Freer

AT&T sells its Hulu’s 10% part

Hulu announced it acquired the WarnerMedias (AT&T) 10% stake in the streaming platform. The transaction was valued in USD 1,430 million. With the acquisition, Hulu becomes the owner of Disney (which concentrates a 60% after formalizing the merger with Fox) and Comcast / NBCUniversal (30%). The sale of AT&T shares made Hulu to be valued [...]

Linear TV channel offering to reduce in the next 10 years, says Hulu CEO

Randy Freer, CEO of the streaming platform Hulu, said that the traditional pay TV offering that includes more than 300 linear channels is going to shrink dramatically over the next 10 years. The executive participated this week in the BI Ignition conference in New York. According to Freer, only cable networks “that have been able [...]