Providence Equity Partners said on Friday it had sold its 10 percent stake in online video site Hulu. The private equity firm’s press release followed media reports in the last two weeks that the sale would take place. Providence sold its stake for around $ 200 million, doubling its initial investment, according to a source familiar with the matter who requested anonymity because of lack of authorization to speak to the press. Providence’s exit leaves Hulu in the hands of Walt Disney Co, News Corp and Comcast Cable’s NBC Universal. “Providence has been an ideal partner over the past five [...]