Thursday November 12, 2015

Hulu in Talks To Sell Stake To Time Warner

According to the rumor mill, Hulu might be selling a stake to Time Warner. That would mean NBCUniversal, Fox, Disney and Time Warner would all be equal partners in Hulu. eek!

Hulu is seeking to sell a stake to Time Warner, Dow Jones reported, citing sources. That deal, the report said, would value Hulu at $5 billion to $6 billion. As it stands now, Time Warner would be an equal stakeholder with the other current Hulu owners, Dow Jones's sources said.