Time Warner Buys 10% Stake in Hulu, Valuing It at $5.8 Billion
HBO owner Time Warner has purchased a 10% stake in Hulu, joining Disney, Fox and Comcast in owning the streaming-TV service, as they continue to walk the line between attracting viewers and stemming cord-cutting. Photo: AP
HBO owner Time Warner has purchased a 10% stake in Hulu, joining Disney, Fox and Comcast in owning the streaming-TV service, as they continue to walk the line between attracting viewers and stemming cord-cutting. Photo: AP
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