Time Warner just became the fourth major media company after purchasing a 10% stake in Hulu. The company announced this week that it would pay $583 million for its minority interest in Hulu. This is a pretty big deal as Hulu, the 9-year-old Santa Monica joint venture, is valued at nearly $6 billion. While Time … Continue reading “Time Warner (TWX) Buys A 10% Stake In This Company”
