Posted Wed Sep 21, 2011 at 10:30 AM PDT by Dick Ward
Wouldn't that be an anticlimax?
A month or so ago Yahoo made an offer on Hulu out of the blue. Hulu turned it down, but after seeing how much money the company was worth, started accepting bids. It seemed certain that a buyer would be found quickly, but it looks like things are going to change. Or rather, stay the same.
We've been really excited to see what happens with Hulu, especially since a purchase by Amazon, Apple or even Google could change the face of online streaming as we know it. Thanks to disagreements between Hulu's many owners though, it may all come to a halt.
New bids will be coming in next week, but in order to make a sale happen Disney, News Corp, Providence Equity Partners and NBC Universal will all have to agree on it. It's either going to have to be one hell of a deal or a surprising joint effort to get Hulu sold.
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