Wednesday, March 27, 2013

Latest Hulu rumors suggest it could be up for sale, again

While viewers enjoy promotions like free Star Trek and Kurosawa, Hulu's owners are once again considering selling the video streaming site. The last bit of news was that News Corp and Disney were considering buying one another out, but according to Reuters, anonymous sources confirm that the board is reaching out to several potential buyers while it considers its options. Another possibility from Variety suggests that the two would remain as part owners, and welcome another party to join, perhaps CBS. This wouldn't be the first time Hulu's owners tried to sell the site however, as it went through the whole process -- without changing hands -- back in 2011. Perhaps this time, with a new CEO in place, all the companies involved can figure out what they want Hulu to be going forward.

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Source: Reuters, Variety

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/esAEipfkMTQ/

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