35 posts and columns on Providence Equity Partners
Hulu’s Employee Owners Are Just Employees Again, Which Means Some May Be Ex-Employees Soon
The video site used to be a Big Media-backed start-up. Now, it’s simply a Big Media company — which means some folks are probably headed out the door.Voices
News Corp. Nears Deal For YES Stake
News Corp. is closing in on a deal to buy a minority stake in New York regional sports network YES, according to three people with knowledge of the negotiations.Peter Chernin Rounds Up Another $100 Million, This Time From Qatar
The money goes into the former News Corp. exec’s war chest, which is full of funds from Providence Equity.News Byte
Providence Equity Sells Hulu Stake
Providence Equity Partners has closed a deal to sell its stake in Hulu, according to a source familiar with the transaction. The sale, first reported by TechCrunch, has been in the works since April, and also triggers a “liquidity event” for the Web video site’s employee shareholders, including CEO Jason Kilar. Hulu’s others owners are Comcast, Disney, and News Corp., which also owns this Web site.Hulu Keeps Jon Stewart and Stephen Colbert for Two More Years, Adds SpongeBob
Jason Kilar is still at Hulu, and still spending money on content.News Byte