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Monday, July 15, 2013

Hulu Owners Talking With Time Warner Cable for Investment -7/15/13

Time Warner Cable (TWC) was still in talks to acquire a holding in Hulu even after an auction for the video-streaming service was abandoned, Bloomberg reported over the weekend, and an agreement could be reached within two weeks. The speculation appears to contradict a statement on Friday from Hulu's owners - Fox (FOXA), Disney (DIS) and Comcast (CMCSA) - that they "will maintain their respective ownership positions" in the video-streaming service. In the auction, TWC had bid for a 25% stake

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