Monday, April 15, 2019

Hulu Buys AT&T’s Minority Stake In Joint Venture

Image result for att hulu

AT&T ditched its stake in Hulu. Although it didn't necessarily play out as expected. The telecom has reached a deal to sell its 9.5 percent stake in Hulu (worth about $1.43 billion) back to the joint venture. 

It's not certain exactly how this will shift the balance of power or affect content, but Hulu chief Randy Freer said AT&T's WarnerMedia would stay a "valued partner" for "years to come." AT&T said it would use the money to "reduce its debt."

Between this and Disney's acquisition of key Fox assets, Hulu's joint venture is down to just two companies Disney and Comcast. It's not yet certain just how this affects the ownership ratios but Disney already had majority control with 60 percent while Comcast had a 30 percent share.

AT&T's WarnerMedia is developing its own streaming service and it's expected to be a lot like Hulu, just with an emphasis on in house properties like Warner Bros., HBO, and Turner.

Source: AT&T

Google Teases Google Pixel 3a And Google Pixel 3a XL, Announcement On May 7th

This new teaser page on the Google Store went live with an Avengers Endgame promotion for new Playmoji AR Stickers that were announced earlier this morning. Leveraging that superhero theme throughout, Google says “Help is on the way.” The “G” logo on this site is a Thanos shade of purple and very similarly styled to artwork for the upcoming movie in the Marvel franchise.

The Google Store today allows users to sign-up for news, and recognizes if you’re already on the mailing list. Tuesday, May 7th happens to coincide with Day 1 of Google I/O 2019 in Mountain View.

That opening keynote will likely be the best stage for announcements, with other possible introductions being a Google Home Hub rebrand to Google Nest Hub, and the increasingly leaked Nest Hub Max.