Our Take:

On Thursday Hulu and Turner announced that they struck a major streaming deal. Here are a few highlights of the deal, with more below from a Hulu blogpost.

*Hulu acquires exclusive SVOD rights to top programming from Adult Swim and Cartoon Network that’s never been made available on a streaming service before.

*Hulu acquires exclusive SVOD rights to all prior seasons of top adult animated series including “Aqua Teen Hunger Force,” “Dexter’s Laboratory,” “Ben 10,” “Robot Chicken,” “The Venture Bros.,” “Adventure Time” and “Regular Show.”

*Hulu gets exclusive SVOD rights to certain future series that will launch on TNT, TBS, Adult Swim and Cartoon Network over the coming years.

*Hulu acquires all past seasons of TNT’s “The Last Ship” and “Murder in the First.”

*Adult Swim and Cartoon Network titles will launch on Hulu beginning May 1st, and all episodes of “The Last Ship” are streaming now exclusively on Hulu.

Whether it’s South Park, Family Guy, Bob’s Burgers , or a binge on Hulu’s library of classic Saturday morning cartoons (we’re looking at you, Spongebob), we know our viewers love watching countless episodes of animation. That’s why, today, we are excited to announce that top animated series from Adult Swim and Cartoon Network will soon be available to stream on Hulu!

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Let’s Not Make a Deal

S&P ’s TMT deal tracker reports that media and telecom M&A plunged to a 13-month low in February, with North American media and telecom companies striking 96 transactions worth nearly $160 million in

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