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Hulu isn't being sold, but Time Warner Cable might still nab a stake

Hulu isn't being sold, but Time Warner Cable might still nab a stake

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Time Warner Cable logo
Time Warner Cable logo

While Hulu's owners — 21st Century Fox, NBCUniversal, and The Walt Disney Company — said Friday that they won't be selling the streaming video service after months of talks with suitors, they're reportedly now considering selling a slice of the venture to Time Warner Cable. According to Bloomberg Businessweek, the three companies are in talks with the cable TV and internet service provider that would bring TWC into the mix as a fourth owner. Time Warner Cable was among the interested parties who were looking to buy Hulu after it was publicly announced for sale back in 2011. Other prospective buyers included Yahoo and DirecTV.

Businessweek reported that three unnamed sources involved in the talks say a deal to sell Time Warner Cable a stake in Hulu could come about in the next two weeks. Officials at Hulu and Time Warner Cable did not respond to requests for comment as of press time, but if they respond, we'll update this post.