HBO: ‘Game of Thrones’ premiere drew record number of viewers

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Here’s your latest business news from Cheddar:

HBO’s “Game of Thrones” season eight premiere Sunday drew a record number of viewers. A total of 17.4 million people tuned in for the episode, according to HBO. It was also the network's biggest night of streaming ever. “Game of Thrones” has seen its viewership grow each season - something very rare for a TV  series. Last season, the show averaged almost 33 million viewers per episode.

Hulu has bought back AT&T’s stake in its business, valuing the streaming platform at $15 billion. This  is a big jump for Hulu, which was valued at just $9.3 billion in November. AT&T gained its $1.4 billion stake, through its purchase of Time-Warner. The telecom giant says it will use the money from the sale to reduce its debt. 

Apple is reportedly putting $500 million into its gaming efforts. According to the Financial Times, Apple put aside the large budget for its arcade streaming service, which is set to arrive in the fall. The service will let gamers play more than 100 new titles, ad-free and offline.

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