Thursday, July 07, 2011

Google, Microsoft are among potential Hulu buyers

Talks have begun with potential buyers of Hulu, and Walt Disney CEO Robert Iger says the site's current owners are "committed to selling." The company, which is on course to reach more than 1 million users faster than initially predicted, could go for more than $2 billion. If Hulu is sold, its current owners, which include Disney, Comcast's NBCUniversal and News Corp., would continue to supply content for the site, but it is not clear for how long.

Bloomberg: Disney’s Iger Says Hulu’s Owners Are ‘Committed to Selling’   

The Wall Street Journal (tiered subscription model)

Reuters:  Hulu to hit 1 million paid users by summer's end

No comments: