Providence Equity Partners is close to agreeing on final terms to sell its 10% stake in Hulu to partners Walt Disney and News Corp. for about $200 million, sources say. The sale of the stake would put Hulu's overall value at about $2 billion. Disney and News Corp. currently control more than half of Hulu. Partner Comcast has a 30% stake but ceded its management role in the service as part of the conditions of its takeover of NBC Universal. Hulu did not comment on the deal.
Disney, News Corp. said to be acquiring Providence stake in Hulu
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