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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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About Parks Associates

Hulu Valued At $5.8 Billion After Time Warner Investment

Previously In The News

Android Pay Features, UK Release Date, How It Works

Report: Consumers’ Growing Appetite For Solar, Storage And Bundled Home Energy Services

68 Percent Smartphone Users Stream Music Daily: Study

Does ‘Move-In Ready’ Now Mean Smart-Home Technology?

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