It's difficult to say how close Hulu is to being sold off to a new owner, but the bidding war is ramping up once again. Bloomberg reports that DirecTV and two other prospective buyers are each offering $1 billion or more for the video streaming service. Hulu’s board is said to be considering at least seven acquisition offers and aims to pursue talks with "three or four" of the most serious candidates over the next several weeks, the report says. Other than the satellite provider, Bloomberg doesn't specify which other interested parties are bidding that high. Earlier this week, it was revealed that Yahoo has bid between $600 million and $800M to add Hulu to its growing list of acquisitions.
Hulu owners News Corp and Disney / ABC are...
via The Verge - All Posts http://www.theverge.com/2013/5/31/4384516/directv-among-three-bidders-offering-1-billion-hulu
No comments:
Post a Comment