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Hulu Valued At $5.8 Billion After Time Warner Investment

August 03, 2016

The new Hulu service is an attempt by its traditional entertainment company owners to secure their footing in television’s digital future, where streaming has become the norm and competition from deep-pocketed rivals like Netflix and Amazon has intensified.

The company, which plans to roll out the new live TV bundle of broadcast and cable network channels early next year, has one of the industry’s highest customer defection rates at 50 percent, according to research firm Parks Associates.

From the article "Hulu Valued At $5.8 Billion After Time Warner Investment" by Mike Newman.

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Hulu Valued At $5.8 Billion After Time Warner Investment

Previously In The News

Google's Nest Struggles Could Set Back The IoT Movement

AT&T-Time Warner Deal: A Good Merger In The New Media Era Or A Bad Remake?

Smart Home Gadgets Need To Live Together

Prediction: Wi-Fi-Cell Hybrid Service Is Coming

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