时间:2024-09-20 08:49:09 来源:网络整理编辑:知識
Hulu's much-anticipated online TV service just added a big partner.Time Warner announced on Wednesda
Hulu's much-anticipated online TV service just added a big partner.
Time Warner announced on Wednesday that it has taken a 10 percent stake in the online video platform, a deal that will also bring a variety of popular cable channels to the bundle when it launches in early 2017.
SEE ALSO:John Oliver recaps a 'topsy-turvy' Democratic National ConventionTime Warner owns Turner Broadcasting System, which includes CNN, TNT, TBS, HLN, Cartoon Network and others. It also owns 50 percent of The CW. (N.b.: Turner recently made a $15 million investment in Mashable.)
The investment values Hulu at $5.8 billion, after Time Warner put in $583 million for its 10 percent stake, according to a person familiar with the deal.
Time Warner TV content will only appear on the live portion of Hulu's service, and will not be available on demand.
"Today, we also announced our 10 [percent] investment in Hulu LLC and that Turner has separately signed an affiliate agreement for its full suite of networks to be carried on Hulu’s live-streaming service slated for launch early next year," said Time Warner CEO Jeff Bewkes in the company's second-quarter earnings report released on Wednesday.
Then there's the crown jewel of Time Warner, HBO, which already offers its own direct-to-consumer online service with HBO Now. HBO is not part of this deal, but Hulu does already offer Showtime as an add on, leaving the door open for something in the future.
The deal also means Time Warner is now in business with a variety of its rival media companies that helped start Hulu. The company is owned by Comcast (through NBC Universal), Disney and 21st Century Fox.
The chart below gives an idea of each company's ownership, assuming that Time Warner's investment equally diluted each existing shareholder. A Time Warner representative did not respond to a request for inquiry.
Hulu's live TV service has been in the works for some time. In May, the company confirmed rumors that it would be launching the service and that it would be a standalone offering not requiring consumers to pay for a cable subscription.
Hulu has not confirmed many details on the service, although it is believed to cost around $40 per month.
Hulu's service will compete with the early entrants into the online TV market such as Dish's Sling TV and Sony's Playstation Vue.
TopicsHulu
Olympic security asks female Iranian fan to drop protest sign2024-09-20 08:20
A new way to prevent cheating at live esports tournaments2024-09-20 08:13
Reese Witherspoon is launching a multimedia brand for women2024-09-20 08:08
8 reasons we'd go on a date with Betty White2024-09-20 07:52
U.S. pole vaulter skids to a halt for national anthem2024-09-20 07:35
The 4 ways to see 'Billy Lynn's,' and where to catch all 120 frames per second2024-09-20 06:41
The 'You're The Worst' finale will emotionally destroy you2024-09-20 06:41
What will Trump's presidency mean for technology?2024-09-20 06:30
Nancy Pelosi warns colleagues after info hacked2024-09-20 06:12
Grandma's wrong number Thanksgiving invitation ends in the best way possible2024-09-20 06:06
Give your kitchen sponge a rest on this adorable bed2024-09-20 08:43
'White Nonsense Roundup' is here to take on racist Facebook posts2024-09-20 08:26
On top of everything, Snapchat went down2024-09-20 08:23
Crowdfunding is giving parents all the baby gear they didn't know they needed2024-09-20 08:20
Mom discovers security cameras hacked, kids' bedroom livestreamed2024-09-20 07:41
Columbia University suspends wrestling team for racist, sexist text messages2024-09-20 07:05
Dude who used drone to deliver sausage explains how (and why)2024-09-20 07:01
How to make spammy calendar notifications go away2024-09-20 06:23
Early Apple2024-09-20 06:15
People are mad at this prank video making fun of Thai people's English2024-09-20 06:08