Kara Swisher

Recent Posts by Kara Swisher

Time Warner Cable’s Bid for Hulu Is to Be Fourth Owner

According to numerous sources close to the situation, Time Warner Cable’s bid for Hulu is to be the fourth owner of the premium video service. The other bidders for the service — which has noisily been put on the block by its big media company owners, 21st Century Fox (formerly News Corp.), Comcast and Disney — include: AT&T in a joint bid with former News Corp. COO Peter Chernin; Guggenheim Partners; and DirecTV. Sources said that TWC would be a solution if there is a desire to hold onto the property, with other bids hovering in the $1 billion range.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work