AAPL Stock: 112.12 ( + 2.62 )

Printed from

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 MacNN Staff



Login Here

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


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Polk Hinge Wireless headphones

Polk, a company well-established in the audio market, recently released a new set of headphones aimed at the lifestyle market. The Hin ...

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...


Most Commented