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Hulu is Going Up For Sale After Yahoo Offer  Print E-mail
Home Theater News Industry-Trade News
Written by Dick Ward   
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.

Obviously, Yahoo is among those interested, but names like Google, Amazon and Netflix are being thrown around as well.  Hulu has recently announced a new deal to keep Fox content on the site and has just launched on a few new Android devices, which should be strong points in their corner for the sale.







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