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Time Warner Cable May Take Stake In Hulu

Time Warner Cable is considering taking an equity stake in online-video site Hulu LLC, according to people with knowledge of the situation, reports Bloomberg. Discussions are at an early stage and a deal isn't a given. Another pay-TV company is also weighing a Hulu bid, said one of the people. A deal would mean more ad revs for TMC, which would become a co-owner with Disney, News Corp and Comcast; each company holds a one-third stake in the streaming TV, movie service. Time Warner Cable could offer Hulu to its customers as a bundled service, sources said. The company is focusing more on its broadband business as traditional pay-TV growth stalls.

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