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Update: Bloomberg: Time Warner Cable still in talks to buy stake in Hulu

Discussion in 'News' started by Athlon646464, Jul 13, 2013.

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  1. Athlon646464

    Athlon646464 Gold Members DBSTalk Gold Club

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    Update: Bloomberg: Time Warner Cable still in talks to buy stake in Hulu

    Hulu may have put the kibosh on auctioning itself off wholesale, but it looks like some money may still be changing hands. Citing three people familiar with the situation, Bloomberg reports that Time Warner Cable is still participating in talks to purchase a stake in the streaming firm.

    According to the same trio of sources, TWC was previously interested in nabbing a 25 percent claim in the outfit, and an agreement could be reached within two weeks. Hulu could soon have extra cash in its coffers from the cable giant, in addition to the $750 million its owners just vowed to pour into it, but it's entirely possible this deal could fizzle out too.

    Full Story Links & Continuing Discussion Here
     
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