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

Sponsor

Recent Reviews

Cat B100

Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

Linksys EA6900 AC Router

As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

D-Link DIR-510L 802.11AC travel router

Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

Sponsor

toggle

Most Commented

 
toggle

Popular News