Wednesday, August 3, 2016
Time Warner Inc. has purchased a 10% stake in Hulu, which is now valued at around $5.8 billion. Hulu won't be adding Time Warner's shows, but Turner channels will be on its planned livestreaming service. Will Richmond has analysis. Richard Greenfield wonders if the Hulu TV service can succeed without CBS. Scott Porch sees this move as Time Warner adapting to the digital media era.