AT&T could sell its 10% stake in Hulu
In a meeting with analysts, AT&T’s CFO John Stephens said the company is considering selling off its 10% stake in Hulu, the video streaming service, in order to reduce debt. AT&T owns that stake through WarnerMedia (formerly Time Warner) and according to recent estimates, it could be worth USD 930 million. This is a non-strategic [...]