The Bidding War for Hulu Is Heating Up
The premium video streaming service Hulu is up for sale but no one wants to pay what it's worth. The only bids announced so far have come in much lower than the company's $2 billion valuation. So, what gives?
After fielding some almost disrespectful low ball bids, the owners of premium video-streaming service Hulu must be pleased as punch now that they're getting bids closer to their expectations.
The premium video streaming service Hulu is up for sale but no one wants to pay what it's worth. The only bids announced so far have come in much lower than the company's $2 billion valuation. So, what gives?
Marissa Mayer is coming for online video — and the ads that accompany it. Days after announcing its $1.1 billion acquisition of blogging platform Tumblr, Yaho has submitted a bid for Hulu. Now starts the bidding war, all $2 billion of it.
In the high-stakes race to commoditize the new couch potato, other online networks-in-the-making are working overtime. Can Netflix keep you binging across both ends of the entertainment spectrum? Or is there a funny sleeper hit in the works from the Internet, where two-minute clips are true kings, and 22-minute series are usually, well, really bad?
Hulu owners have an offer on the table from a real person offering real money to purchase the streaming television service, but the price tag is significantly lower than the last time the company was for sale.
The winners of yesterday's third annual Streamy Awards, which "honor excellence in original online video programming and those who create it," show that the best of made-for-Web television is still pretty webby.
After flirting with Marissa Mayer's Yahoo job, the Silicon Valley star, who fought bitterly with the media conglomerates he helped make relevant online, has announced his departure.
Hulu is contemplating some changes to its service, according to what has been described as a "death memo" that will "completely screw up Hulu" obtained by Variety's Andrew Wallenstein.
Internet companies look to old television formulas as they create original content for the Web.
Disney, News Corp. issued a statement saying that the streaming service wouldn't be sold
Vulture's sources say the Netflix competitor also wants distribution rights
While a Hulu-Apple marriage would be great, it's unlikely
Bloomberg reports that talks are in the early stage between the companies
In one version of the future of television, you never need to leave the Google ecosystem
According to the Los Angeles Times, they're in 'preliminary talks' to buy the online video hub
Reed Hastings also sits on Microsoft's board
Many rumors, few confirmed facts swirl around a potential Hulu deal
Tags for a Fox News video on Obama's inauguration include "communist" and "black family in government housing"
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