The companies couldn’t agree on a price, Reuters reports citing information from “two people with knowledge of the negotiations.” While they could always return to the bargaining table, there are no plans to do so. The break down of negotiations with Time Warner Cable follows the decision this month by Hulu owners Disney and 21st Century Fox to keep the streaming service and supply $750M to accelerate its growth. (Comcast also is an owner, but in 2011 agreed not to participate in ownership decisions in order to persuade federal regulators to OK its effort to buy NBCUniversal.) In the end there were just two serious bidders: Peter Chernin in a team with AT&T, and DirecTV.
Hulu Ends Negotiations To Sell 25% Stake To Time Warner Cable: Report
For all of Deadline’s headlines, follow us @Deadline on Twitter
Sign up for Newsletters
Trending Now on Deadline
More From Lieberman
- Susan Lyne Moves From AOL's Brand Group To A New Fund For Women-led Internet Ventures
- Apple Says It's Not Responsible For Theft Of Celebrity Nude Photos
- Relativity CEO Says Appointment Of Lawyer As Managing Director Will Help IPO Plans
- It's No Blip, Online Video Is Taking Ad Dollars From Traditional TV: Analyst
- Now That He's At Carmike, Can Bud Mayo Lead Theaters' Alternative Content Revolution?
- Cable Milestone: Operators Have More Broadband Subs Than TV Ones