Disney in Active Talks With AT&T to Acquire WarnerMedia’s 10% Hulu Stake (EXCLUSIVE)

The question is what Disney is willing to pay for the 10% stake. Disney last summer pegged Hulu’s fair value at $9.296 billion after the 21st Century Fox deal closes, including an implied control premium of $1.246 billion. The $930 million implied value of WarnerMedia’s stake is a 16% premium over Time Warner’s original $583 million investment in Hulu in August 2016plus its subsequent $200 million capital contributions to the streamer. – Todd Spangler, Variety » https://ift.tt/2EzYiRF
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