Time Warner Cable's plans to buy a 25 percent stake in streaming video site Hulu may have fizzled. Reuters reports that negotiations between Time Warner Cable and Hulu's parent companies Disney, NBCUniversal, and 21st Century Fox have stalled after the companies failed to come to an agreement over price. None of these companies have commented on whether they were negotiating in the first place, let alone whether they're still doing so. However, Reuters' sources say no further talks between the two are planned, though they may resume at some point.
Hulu was put up for sale in the spring of 2013, and several prospective buyers (including Yahoo) reportedly made bids for the service. Earlier this month, however, the sale was called off;...
via The Verge - All Posts http://www.theverge.com/2013/7/24/4554024/time-warner-cable-hulu-stake-negotiations-reportedly-called-off
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