Hulu in talks to sell stake to Time Warner: WSJ

(Reuters) - Hulu is looking to sell a stake to Time Warner Inc in talks that would value the video-streaming service provider at above $5 billion, The Wall Street Journal reported. The talks include cash investment and content licensing, the Journal reported, citing people familiar with the matter. (http://on.wsj.com/1lm7XhX) Time Warner would be an equal stakeholder with other current Hulu owners, the newspaper reported. Time Warner declined to comment, while Hulu was not immediately available