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Broadband

The battle for the VoD market

Monday 15 July 2013 | 15:03 CET | Author: Corina Schultz, Tim Poulus | Background
The sale of the American online video site Hulu has been cancelled. Its owners 21st Century Fox, Disney and NBCUniversal have instead decided to invest in developing the site themselves. Recent reports suggested they were seeking at least USD 1 billion for the site, which attracted bidders such as satellite TV provider DirecTV, AT&T (in cooperation with former News Corp executive Peter Chernin) and Time Warner Cable. Hulu was started by the three US TV networks ABC (Disney), Fox (21st Century Fox) and NBC Universal (Comcast) to offer their own programming free with advertising, but has since

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Categories: Broadcast & Satellite / Internet
Companies: DirecTV / Hulu / Intel / Iphion / Netflix / Time Warner Cable / Ukrtelecom
Countries: Europe / United States
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