Monday, 27 June 2011
Last week, from seemingly out of the blue, the folks at Hulu received a buyout offer from Yahoo. There's been no disclosure on just how much Yahoo was offering, but it seems to have gotten Hulu's attention. After rejecting the offer from Yahoo, the folks at Hulu hired themselves a few investment bankers and will be going on sale within the next few weeks. While Hulu itself may not be a big money maker, the opportunities licensing deals and streaming infrastructure open up a world of possibilities to potential buyers.