Time Warner acquires a slice of Hulu

Time Warner acquires a slice of Hulu View Gallery

Time Warner has bought a 10 per cent stake in television streaming service Hulu, in a deal reported to be worth about $580 million.

“This investment from Time Warner marks a major step for Hulu, as we continue to redefine television for both consumers and advertisers.”

Mike Hopkins, chief executive, Hulu

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