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BENGALURU: Time Warner Inc. and Hulu LLC announced today that Time Warner will become a 10 percent owner of Hulu, the premium streaming TV service that offers the best of current season programming, premium original content, films and full seasons of hit series. Time Warner joins The Walt Disney Company, 21st Century Fox, and Comcast in the joint venture.
Turner’s powerful entertainment, sports, news and kids networks including TNT, TBS, CNN, Cartoon Network, Adult Swim, truTV, Boomerang and Turner Classic Movies will be available live and on-demand on Hulu’s new live-streaming service, which is slated to launch early next year. Hulu will continue its current offering of ad-supported and ad-free subscription video on demand products to complement both traditional pay TV packages as well as the new streaming service.
Time Warner chairman and CEO Jeff Bewkes said, “Our investment in Hulu underscores Time Warner’s commitment to supporting and developing new platforms for the delivery of high-quality content and great consumer experiences to audiences around the globe.”
Bewkes continued: “We’re also excited to join Hulu’s other owners in launching a new consumer-friendly package featuring leading networks that will deliver more value to audiences and complement Hulu’s core SVOD offerings. The inclusion of Turner’s networks in Hulu’s new streaming service furthers our efforts to allow consumers to engage with and enjoy our brands across a wide range of platforms and services.”
Hulu CEO Mike Hopkins said, “This investment from Time Warner marks a major step for Hulu as we continue to redefine television for both consumers and advertisers. Our two companies have long enjoyed a productive relationship – which includes the availability of past seasons of popular Turner shows on our current SVOD offerings – and we are very proud that Turner’s networks will be included in our planned live streaming service.”
The new regulations introduced for over-the-top (OTT) platforms continue to draw controversy. This time for the delay caused by OTT platforms and digital news publishers in ensuring full compliance with the Information Technology (Intermediary Guidelines and Digital Media Ethics Codes) Rules, 2021.
OTT platform Zee5 has announced a content partnership with TVF (The Viral Fever). After introducing Radhe: Your Most Wanted Bhai and Friends: The Reunion last month, the platform has now amped up its existing robust content library with more content of inherently Indian stories that resonate with...
Mumbai: Social networking and social media have evolved tremendously over the years. Social networking platforms have played a major role in facilitating the collaboration of people with similar interests by providing a way for people to interact instantaneously, without barriers, and using tools...
Sony Pictures Networks India (SPN) on Friday appointed Dr G Dhananjayan as head - Tamil Content, Digital Business for its streaming service, SonyLIV.
Anish JS Mehta started his career as an accounts executive in 2003, and over time, he has managed to reach new heights. In 2010, he became the chief operating officer of Cosmos-Maya, a leading animation studio in India.
Streaming giant Netflix has taken its retail ambition a step ahead with the launch of an online store. Netflix.Shop that will offer curated products based on its content.
Kolkata: In what could be its biggest launch till date, Indian streaming platform Zee5 is all set to enter the United States market on 22 June. With this, the platform has set the stage for its rapid growth in a market that has over 5.4 million diaspora audiences with a deep cultural and language...
KOLKATA: Voot’s brand solutions arm, Voot Studio, has partnered with German international broadcaster, Deutsche Welle, to stream the progressive series ‘HER- Women in Asia’. The series is based on the inspiring real-life transformational stories of women from the Asian sub-continent. The series...
Mumbai: For the very first time on Indian television, Zee Zest - India’s premier lifestyle channel brings to you two iconic culinary shows Cook, Eat, Repeat with Nigella Lawson and Chocolat by Rachel Khoo. Taking inspiration from their various kitchen experiments, authored books, travels, and many...
