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AT & T sells Hulu stake, valuing company at $ 15 billion



 Randall Stephenson, CEO of AT & T, speaking at the Business Roundtable CEO Innovation Summit in Washington, DC. on Dec. 6th, 2018.

Janhvi Bhojwani | CNBC

Randall Stephenson, CEO of AT & T, speaking at the Business Roundtable CEO Innovation Summit in Washington, DC. on Dec. 6th, 2018.

Hulu has repurchased AT & T's 9.5 percent stake in the business for $ 1.43 billion, giving the streaming company a valuation of $ 15 billion.


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