The entertainment industry was buzzing Friday with rumors that Time Warner might take a 25 percent stake in video-streaming service Hulu. According to the Wall Street Journal, which published the report, a Time Warner investment in Hulu would give the company a valuation of $5 billion and an infusion of cash. That could help Hulu license — and create — more content, and would give it more of an edge in competing against Netflix and Amazon. 

Click the above audio player to hear the full report.