UPDATE: Hulu receives buyout offer from Yahoo, may sell itself

UPDATE: Hulu receives buyout offer from Yahoo, may sell itself
UPDATE: Sources say the bidder was Yahoo.

The Wall Street Journal is reporting that popular on-demand streaming service Hulu has received a buyout offer and is now mulling selling itself.



Reads one journalist's tweets:

WSJ: Hulu is weighing whether to sell itself after a potential buyer approached it with an offer -- Sources. Story to follow


Another journalist tweet reads:

Sources tell me it's NOT GOOGLE who made the offer for HULU


There is no word on who the company may be, but it appears the Hulu's board is now seeking all options.

Written by: Andre Yoskowitz @ 21 Jun 2011 17:35
Tags
Hulu Yahoo
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  • 2 comments
  • Semperfipal

    Hopefully its not Sony!

    21.6.2011 18:00 #1

  • i1der

    Hulu service has decreased a lot of its quality... Commercial are so long feel like im back watching regular tv again, and no option for non commercial subscription is a fail on my book...maybe my book is wrong?


    22.6.2011 12:58 #2

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