Walt Disney CEO Robert Iger said that the owners of Hulu are "committed to selling". In an interview at an investment conference in Idaho, he told Bloomberg that "there's a lot of interest" in the online TV service. Hulu's owners include Disney, News Corp and NBC Universal. Bankers for Hulu have met with Google, Yahoo and as the company explores a sale, people familiar with the process said last week. The 10-12 potential bidders Morgan Stanley and Guggenheim Partners have reached out to also include AT&T. Hulu may fetch more than USD 2 billion, according to data compiled by Bloomberg and SNL Kagan. Under a new owner, Hulu may also gain capital to acquire more films and TV shows and challenge Netflix, the dominant subscription streaming service. Hulu said separately that it is quickly approaching 1 million subscribers for its Hulu Plus paid service. Customer numbers are growing faster than expected, with June net additions more than April and May combined. Hulu expects to hit 1 million subscribers before the end of the summer, whereas it previously targeted year-end for the milestone. The company is also expanding the number of connected devices carrying the paid service, adding 25 million in the last 90 days for a total installed base of over 100 million devices able to show Hulu Plus. Overall Hulu said it's on track for half a billion dollars in revenue this year.
