Hulu attracts three bids of USD 1 bln or more - report

Nieuws Breedband Wereld 3 JUN 2013
Hulu attracts three bids of USD 1 bln or more - report
Video streaming service Hulu has attracted three bids of USD 1 billion or more, including one from satellite operator DirecTV, a person with knowledge of the process told Bloomberg. The same source said that Hulu received at least seven buyout offers, whose number will be pared down to three or four in the next few weeks. Hulu, which has over USD 700 million of revenue and more than 4 million subscribers, is owned by News Corp, Walt Disney and Comcast. Bids of at least USD 1 billion increase the chances that Hulu's owners will conclude a sale after failing to sell the company in 2011.

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Internet

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Comcast,  DirecTV,  Hulu,  News Corp,  Disney

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Wereld

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Portals / social media, Wireline, Wireless, Consumer, M&A buyouts & divestments

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VERENIGDE STATEN 9 JUL 2013

Hulu attracts three binding bids in second round - report

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VERENIGDE STATEN 5 JUL 2013

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WERELD 28 JUN 2013

Hulu owners extend deadline for second-round bids - report

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VERENIGDE STATEN 6 JUN 2013

AT&T mulls joint bid for Hulu with Chernin Group - report

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VERENIGDE STATEN 3 JUN 2013

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VERENIGDE STATEN 3 JUN 2013

Drie partijen bieden een miljard dollar voor Hulu

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WERELD 27 MAY 2013

Yahoo, KKR, Silver Lake also vying for Hulu - report

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WERELD 24 MAY 2013

Hulu attracts four bidders - report

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WERELD 20 MAY 2013

DirecTV shows interest in Hulu - report

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VERENIGDE STATEN 17 MAY 2013

Time Warner Cable eyes stake in Hulu - report

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WERELD 8 MAY 2013

Yahoo holds exploratory talks with Hulu - report

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VERENIGDE STATEN 1 MAY 2013

Hulu passes 4 mln paid subscribers

US online TV service Hulu announced that it passed 4 million subscribers for its paid service Hulu Plus in the first quarter, growing by around a third from the end of 2012. The company also set a new record for revenue in the quarter, although exact figures were not disclosed. For the first time Hulu passed more than 1 billion videos streamed in a single quarter. It also reported mobile viewing on the increase; this is expected to account for approximately 15 percent of Hulu's consumed videos in 2013-2014.

VERENIGDE STATEN 8 APR 2013

Hulu gets USD 500 mln bid - report

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