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News: General

Turner & Hulu Execs Talk M&A & Expansion

Wednesday, January 10, 2018   (0 Comments)
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From The Hollywood Reporter:

When the Consumer Technology Association first booked Turner CEO John Martin and Hulu CEO Randy Freer for a keynote conversation at CES, only one of the execs had M&A as a talking point. 

But about a month before the Jan. 10 conversation, Disney announced a $52.4 billion acquisition of Fox assets that would see it become the majority owner of Hulu. 

When they took the stage on Wednesday afternoon during the second official day of CES, Martin and Freer were peppered with questions about what the merger of AT&T and Time Warner and the acquisition of Fox means for their businesses. 

"Everybody just wants a little bit of clarity and certainty," said Martin of the transaction involving Turner's parent company, which has been in limbo for 15 months as it awaits regulatory approval. "This can't close fast enough." 

- Read the full story at HollywoodReporter.com

 


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