Providence Said Selling Hulu Stake at $2 Billion Value

Hulu owners Walt Disney, Comcast and News are close to buying out Providence Equity Partners’ stake at a price that values the company at $2 billion, said two people with knowledge of the matter. Providence is selling its 10 percent share in Hulu for $200 million after investing $100 million when the venture began in 2007. The companies will also allow employees of Hulu, including Chief Executive Officer Jason Kilar, to sell some shares of the closely held online TV service.