Hulu, the streaming service owned by three media companies, is in talks to add Time Warner as a fourth investor, according to people with knowledge of the situation. The deal brought a large collection of high profile films to Hulu – including “Hunger Games: Catching Fire”, “World War Z” and “Transformers: Age of Extinction – which previously had been on Netflix”.
An influx of cash and content would help Hulu hold its ground against Netflix and Amazon in the streaming video competition.
An investment from Time Warner could accelerate Hulu’s effort to compete more directly with Netflix and Amazon’s streaming services.
Hulu has introduced an ad-free option to its service, but it costs $12 a month. “We know one of the benefits of an ecosystem like Netflix is its lack of advertising”, Howard Shimmel, chief research officer at Time Warner’s Turner Broadcasting, told Bloomberg. The rating is an average of the various different ratings given by analysts and brokers to Time Warner Incorporated and then averaged into one rating by a team of analysts at Zacks in Chicago, Illinois.
Full content: Seeking Alpha
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Agri Stats Must Face Price-Fixing Lawsuit, Judge Rules
May 29, 2024 by
CPI
States Ramp Up Antitrust Efforts with Expanding Legal Teams
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI