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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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The adoption of smart home devices reflects the overall Internet of Things (IoT) trend. A recent Parks Associates study revealed that in homes with a broadband connection, 26% now own a smart home dev...

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Hulu Valued At $5.8 Billion After Time Warner Investment

Previously In The News

Amazon's Alexa Speaks To The Connected Home

Smart Home Devices Slow To Catch On In U.S. Broadband Households

Report: Over 12M U.S. homes eliminated their fixed broadband

Cincinnati Bell Scales Local Call Center To 300 agents To Address Growing Fioptics Base

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