Sunday May 5, 2024 | Last Update: May 5, 2024 EDT
Hulu is looking to sell a stake to Time Warner Inc., part of a deal that would value the company at more than $5 billion, people familiar with the matter told The Wall Street Journal. The move would allow Hulu to advance its efforts to compete against Netflix, Inc. and Amazon.com, Inc.
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U.S. media giant Time Warner Inc is planning to buy struggling Australian TV network Ten for 25 cents per share or A$680 million ($588 million), according to the Australian Financial Review on Monday.
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