Yahoo Approaches Hulu; Hulu Unsure About Selling

HuluYahoo has met with Hulu regarding a "possible acquisition," but it is currently unclear if the online video streaming service is interested in selling at this point. On Tuesday, an unsolicited offer was rumored and eventually confirmed by anonymous sources close to Hulu.

It is unknown whether Yahoo made this particular offer or if Hulu's owners will actually sell or not.

At this point, Hulu has not moved forward with any conventional steps that would indicate selling like retaining an investment bank to field offers. Its board of directors also has not met to discuss any offers.

On the other hand, Hulu is undergoing restructuring that would give current executives "greater autonomy while imposing new rules on the availability of television content."

Hulu is owned by NBCUniversal (Comcast/General Electric), Fox Entertainment Group (News Corp.) and Disney-ABC Television Group (The Walt Disney Company) with funding by Providence Equity Partners. It was founded in March 2007 and launched in March 2008.

Hulu has become quite popular with over 27 million monthly viewers, but it's also experiencing some challenges regarding the balance between the viewers' desire for free online shows and the owners' desire to protect the value of such programming. In an effort to solve this dilemma, Hulu launched a paid subscription service last year.

Yahoo, Hulu, Comcast, Disney and News Corp. spokespeople have declined to comment on Yahoo's involvement in any offers regarding Hulu.

Source: DailyTech

Tags: Yahoo

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Apple might be looking to trial the feature on the iPad before iPhone
 
Toshiba, which released the world’s first 14TB nearline 3.5-inch and 26.1mm-height HDDs with 9-disk
 
The new Windows 10 browser will run on the Chromium engine
 
PCI-SIG will be able to meet its goal of doubling bandwidth—from 16 GT/S to 32 GT/s—in a record less than two years
 
The regular S10 will sport a 6.1-inch panel with the same front-facing camera design
 
Device-draining downloader used for ad fraud could have recovered other malicious files
 
Google Play Services will deprecate the aging OS in newer releases
 
The new 64-bit version of Firefox will be optimized to run on these computers for better performance
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
23242526272829
3031     




Poll

Do you use microSD card with your phone?
or leave your own version in comments (11)