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Time Warner Buys 10% Stake in Hulu, Valuing It at $5.8 Billion

HBO owner joins Disney, Fox and Comcast in owning the streaming-TV service

Time Warner Inc. has agreed to buy a 10% stake in video service Hulu, a move that comes as media companies and cable operators contend with viewers increasingly cutting the cord and as Hulu prepares to launch a new online pay-TV service.

 

Source: The Wall Street Journal


 

http://www.wsj.com/articles/time-warner-buys-10-stake-in-hulu-1470223723

4 2016 | View: 160 | Foreign experience | Printint version
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