Hulu buys back AT&T's 9.5 percent stake for $1.43 billion
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(Reuters) - Hulu is buying back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion (1.09 billion pounds), in a deal that values Hulu at $15 billion, the two companies said on Monday.The purchase of AT&T's 9.5 percent stake in Hulu gives Walt Disney Co, which holds a 60 percent stake in Hulu via a joint venture, more control of the company.Comcast Corp's NBCUniversal has a 30 percent stake in Hulu. Based on the joint venture agreement, Disney and..