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July 13, 2013 01:54 am -04
Original Link: http://www.engadget.com/2013/07/12/time-warner-cable-buy-stake-in-hulu/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
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.
Source: Bloomberg
Original Link: http://www.engadget.com/2013/07/12/time-warner-cable-buy-stake-in-hulu/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget