Thursday, 12 November 2015
According to a report by The Wall Street Journal, Hulu is looking to sell a stake in the company to Time Warner Inc., a deal that would value the video streaming service at more than $5 billion. The deal would have Time Warner as an equal stakeholder alongside the likes of Walt Disney Co., 21st Century Fox Inc., and Comcast Corp and would involve the current owners drawing down their stakes in Hulu to 25 percent in order to make room for the newest partner. For Hulu, the benefit to adding another deep-pocketed partner would be in the ability to increase…
This story continues at The Next Web
