Time Warner have agreed to buy a 10 percent stake in Hulu. The streaming service, which is owned by three of the country’s main broadcast networks, plans to launch a paid option next year that broadcasts live TV over the internet. Time Warner’s Turner bundle of networks became the first to sign on. Turner channels […]
Yahoo Inc. submitted a bid on Friday to acquire Hulu, according to a person familiar with the matter, as the Internet company tries to add more high-quality online video that can appeal to advertisers. As of Friday afternoon, seven companies had submitted bids for Hulu, several of whose interest has been previously reported, the person […]
Cable networks have been losing subscribers at a growing rate in recent months–and satellite providers haven’t picked up the slack, according to an AP report. It’s the strongest indication yet that online services such as Netflix and Hulu are snagging an ever larger share of couch potatoes. Major cable TV companies suffered big losses this […]
With NetFlix, Blockbuster & Hulu battling it out, is a new YouTube contender in the digital movie and TV market? When YouTube started rolling out TV shows and classic movies last year, people wondered what their next move would be. YouTube Movies just opened and it has hundreds of movies loading up as we speak.
Quick News Piece: The New York Times ran a piece revealing Hulu’s possible plan to go public. According to those sources, Hulu has been visiting investment banks in preparation for a possible IPO and the company maybe valued at over $2 billion.
Once the most popular vehicle for music promotion, MTV has just lost its access to the world’s largest record label. Universal Music Group announced Friday that MTV.com will no longer be carrying its artists’ music videos, a big blow for the music channel given that UMG represents 25% of the global market. Instead, the label […]