The owners are currently looking to sell the site and its licenses for $1.5 billion, although some companies have offered to pay more if other conditions are met.
For example, Yahoo is willing to pay $2 billion if Hulu guarantees them 4-5 years of exclusive access to the media content. Hulu, on the other hand, seems to be only willing to give 2 years of exclusivity, albeit with 5 years guaranteed access to the content.
Additionally, News Corp. has said it would like to keep a stake in the company, which should reduce the auction price.
Amazon, Apple, Yahoo, Google and DirecTV have all been said to be potential suitors.
Written by: Andre Yoskowitz @ 14 Aug 2011 15:27
