Printed from http://www.electronista.com

Hulu reportedly looking at sale after mystery offer

updated 06:00 pm EDT, Tue June 21, 2011

Hulu rumored selling itself off

Two insiders said Tuesday night that Hulu was considering selling itself after having been given a buyout offer. The source hadn't been identified but, according to CNBC's Julia Boorstin, was "not Google." Hulu hadn't decided what to do about the offer other than exploring its possibilities.

The TV streaming service has always been somewhat insulated from takeover prospects due to its role. Having formal investments from Disney/ABC, Fox, and NBC, any buyout would likely require more explicit consent from the studios to go ahead. Any acquirer might face opposition from studios if they believed it would lure too many viewers away from traditional TV or favor one studio over another.

The list of candidates isn't clear. Apple isn't probable given its emphasis on paid content and selection in iTunes. Netflix might show interest but, apart from being relatively small for an acquisition, could face resistance from studios that already hesitate to give Netflix their most recent TV shows.

Hulu hadn't commented on any discussions as of this writing.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Brother HL-L8250CDN Color Laser Printer

When it comes to selecting a printer, it's not exactly something most people put a lot of thought into. Printers are often touted as f ...

Moshi iVisor AG and XT for iPad Air 2

Have you ever tried to put in a screen protector that relies on static to cling to the screen? How many bubbles and wrinkles does it h ...

Epson PowerLite Home Cinema 3500 projector

Trying to find the perfect projector for a home theater can be tricky, as there are bountiful options on the market from a large numbe ...

Advertisement

toggle

Most Commented

 
toggle

Popular News