Hulu's owners (DIS, CMCSA, FOXA) have called off talks to sell a 25% stake to Time Warner Cable (TWC) after failing to agree on price, Reuters reports. The news service adds talks could resume, but none are currently planned. The report comes less than 2 weeks after Hulu's owners announced they aren't selling the company, and will provide it with a $750M cash infusion to buy more content (much of it coming from the owners themselves).
Hulu's owners (DIS, CMCSA, FOXA) have called off talks to sell a 25% stake to Time Warner Cable...
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Symbol | Last Price | % Chg |
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DIS | - | - |
The Walt Disney Company |