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Time Warner Cable considers buying a stake in Hulu

Published May 16th, 2013 10:05PM EDT
Time Warner Cable Hulu Equity Stake

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We may now have a clue about how Time Warner Cable plans to implement its own Aereo-like service. Unnamed sources have told Bloomberg that Time Warner Cable is considering buying an equity stake in Hulu and “could offer Hulu to its customers as a bundled service inside and outside of the home with its current products,” meaning customers could access their favorite shows on Hulu without paying a monthly subscription fee for Hulu Plus. Under the plan being discussed, Time Warner Cable would take a 33% stake in Hulu with the rest held by co-owners Disney, Comcast and News Corp. Time Warner Cable CEO Glenn Britt recently said that the cable industry’s “structure needs more flexibility” and that he wants to offer customers “smaller, more affordable packages” that don’t cost them upward of $100 a month.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.