A+E Networks signed a deal to be included in the live streaming service Hulu plans to introduce this spring.
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The Walt Disney Co., which owns 50% of A+E, also owns a stake in Hulu, and its networks, including ABC and ESPN, will be included in the package.
Under the agreement, A+E’s A&E Network, History, Lifetime, LMN, FYI and Viceland will be available live and on demand as a part of the $40 product.
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“As we begin to finalize our new live TV service, we're pulling together the most valuable, well-rounded package of channels available for under $40,” said Mike Hopkins, CEO of Hulu, in a statement. “We know the A+E Networks brand of award-winning storytelling is important to our viewers, and we're very excited to add their networks to the core service we launch this Spring."
Read more at B&C.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.