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Time Warner to Buy Stake in Hulu

Hulu is in talks with Time Warner about selling a stake in the company. The deal values Hulu at more than $5 billion. Currently, Hulu is owned by 21st Century Fox, Disney and Comcast’s NBCUniversal. If Time Warner acquired a stake, each company would own 25%. http://variety.com/2015/digital/news/hulu-time-warner-stake-1201639424/ #EntertainmentBiz

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