Time Warner Buys 10% Stake in Hulu for $583 Million
Time Warner agreed to buy a 10% stake in video service Hulu, a move that comes as traditional cable companies struggle with viewers increasingly cutting the cord and as Hulu prepares to launch a new live-streaming service.
http://www.wsj.com/articles/time-warner-buys-10-stake-in-hulu-1470223723
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