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Time Warner in talks to buy 25 percent of Hulu - report

Friday 13 November 2015 | 09:37 CET | News
US streaming video service Hulu is trying to sell a stake to Time Warner in a deal that would value Hulu at over USD 5 billion and help it compete with Netflix and Amazon with broadened content offerings, people familiar with the matter told the Wall Street Journal. Under the plan, Time Warner would become an equal 25 percent shareholder in Hulu with Walt Disney, 20th Century Fox and Comcast, which currently each own a third. The terms discussed would see Time Warner invest cash in Hulu and make commitments to licence content to Hulu beyond what it already has sold. One of the people said

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Categories: Broadcast & Satellite / Internet
Companies: Comcast / Disney / Hulu / Warner Bros
Countries: United States
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