Comcast reportedly is planning to drop its bid to acquire Time Warner Cable due to ongoing regulatory issues, according to a 'Bloomberg Business' report, which cited sources familiar with the situation.
Hulu and Turner Broadcasting System April 23 announced an extensive, multiyear licensing agreement that will grant Hulu exclusive SVOD rights to previous seasons of programming from Cartoon Network and Adult Swim as well as select current and upcoming series from TNT and TBS. The deal marks the first-ever licensing agreement between Time Warner-owned Turner and Hulu.
Amazon spent $1.3 billion in 2014 licensing original and third party content for its Prime Instant Video streaming service. Funding, the online behemoth said helps drives e-commerce across the platform.