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Hulu in talks to sell stake to Time Warner: WSJ

Published 11/12/2015, 06:03 PM
© Reuters. The HULU Plus app is played on a Samsung Galaxy phone in this photo-illustration in New York
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(Reuters) - Hulu is looking to sell a stake to Time Warner Inc (N:TWX) in talks that would value the video-streaming service provider at above $5 billion, The Wall Street Journal reported.

The talks include cash investment and content licensing, the Journal reported, citing people familiar with the matter. (http://on.wsj.com/1lm7XhX)

Time Warner would be an equal stakeholder with other current Hulu owners, the newspaper reported.

Time Warner declined to comment, while Hulu was not immediately available to comment.

© Reuters. The HULU Plus app is played on a Samsung Galaxy phone in this photo-illustration in New York

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