Hulu in Major Deal With AMC for Walking Dead Spinoff, More

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Hulu, a joint venture between Comcast Corporation (NASDAQ:CMCSA), Twenty-First Century Fox Inc (NASDAQ:FOX,NASDAQ:FOXA) and Walt Disney Co (NYSE:DIS), has gained streaming rights to several of AMC Networks Inc’s (NASDAQ:AMCX) shows.

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The deal between Hulu and AMC Networks will give the streaming service exclusive rights to all of the company’s new and upcoming drama and comedy shows across its multiple networks. This will give it access to Fear the Walking Dead and other new shows. However it does not include shows that are currently running on the network’s channels, reports The Verge.

This means that Hulu won’t be getting exclusive access to older shows from AMC Network’s channels, such as The Walking Dead, Breaking Bad and Mad Men. However, there’s still a lot of potential for the deal depending on how well new shows from AMC do, The Verge notes.

Hulu also recently obtained the rights to stream Seinfeld. The deal includes all 180 episodes of the comedy and is estimated to be worth $180 million, reports TechCrunch.

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Article printed from InvestorPlace Media, https://investorplace.com/2015/04/hulu-amc-walking-dead-spinoff-cmcsa-fox-foxa-dis-amcx/.

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