May 14 2019
Disney takes control of Hulu
Disney and Comcast announced a deal under which Disney will assume full operational control of Hulu, effective immediately. Within five years, Comcast has agreed to sell its Hulu stake to Disney for at least $5.8 billion. Under the deal, Comcast’s NBCUniversal will continue to license content to Hulu through late 2024. However, as soon as […]
Apr 20 2020
NBC sells stake in Euronews
NBC News has sold its stake in struggling pan-European broadcaster Euronews, dealing a blow to the France-based pay-TV channel, a company source said today. NBC, which acquired its 25-per cent holding three years ago, has sold the shares to Euronews’ majority owner, Egyptian telecoms billionaire Naguib Sawiris, the source told AFP. The deal has increased […]
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By Expat • International News, News Channels • Tags: Euronews, NBC