Print 14 comment(s) - last by quiksilvr.. on Jun 23 at 12:29 PM

Hulu has not moved forward with any conventional steps that would indicate selling, yet is undergoing restructuring

Yahoo has met with Hulu regarding a "possible acquisition," but it is currently unclear if the online video streaming service is interested in selling at this point. On Tuesday, an unsolicited offer was rumored and eventually confirmed by anonymous sources close to Hulu.

It is unknown whether Yahoo made this particular offer or if Hulu's owners will actually sell or not.

At this point, Hulu has not moved forward with any conventional steps that would indicate selling like retaining an investment bank to field offers. Its board of directors also has not met to discuss any offers. 

On the other hand, Hulu is undergoing restructuring that would give current executives "greater autonomy while imposing new rules on the availability of television content."

Hulu is owned by NBCUniversal (Comcast/General Electric), Fox Entertainment Group (News Corp.) and Disney-ABC Television Group (The Walt Disney Company) with funding by Providence Equity Partners. It was founded in March 2007 and launched in March 2008.

Hulu has become quite popular with over 27 million monthly viewers, but it's also experiencing some challenges regarding the balance between the viewers' desire for free online shows and the owners' desire to protect the value of such programming. In an effort to solve this dilemma, Hulu launched a paid subscription service last year.

Yahoo, Hulu, Comcast, Disney and News Corp. spokespeople have declined to comment on Yahoo's involvement in any offers regarding Hulu.

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RE: Hulu plus
By Mitch101 on 6/22/2011 12:51:54 PM , Rating: 3
Serious note

HULU is a glimpse of the future and could be the saving grace of the television industry providing HULU management could get their act together.

Cable and Satellite providers are just monopolistic middlemen the sooner we cut them out the sooner more revenue can go to individual shows/channels that are worth watching and maybe the sooner we can eliminate commercial advertising with an added fee to eliminate them.

I dont like paying for channel packages that contain networks that have no relevant content worth watching. Its BS that they cant individually sell you specific channels.

Funny how Cable and Sat tech works for Pay-Per-View but cannot work on specific channel purchase? Give me a break.

RE: Hulu plus
By quiksilvr on 6/22/2011 1:02:00 PM , Rating: 2
Agreed. But in my opinion, Hulu can go shove it.

At least with Netflix, it works on practically every damn device out there, and like a paid service should be, it is AD FREE.

I don't get Hulu for the life of me. You provide a free service with advertisements, which is fine, but then you BLOCK IT ON ABSOLUTELY EVERYTHING EXCEPT DESKTOPS. They even went through the trouble of blocking on the Blackberry Playbook and the PS3 web browser. Really?! REALLY?!

And on its paid service, YOU STILL PUT THE SAME ADS?! What is this, XBL? No wonder Netflix is wiping the floor with your face.

RE: Hulu plus
By Arsynic on 6/22/2011 1:04:43 PM , Rating: 1
Hulu is owned by NBC and NBC runs it like they run a damn TV's all they know how to fucking do. Maybe an Internet company should own them.

RE: Hulu plus
By nafhan on 6/22/2011 1:56:40 PM , Rating: 2
And NBC is owned by Kabletown who is probably pressing for NBC and Hulu to both run like they are owned by a cable TV company intent on preserving it's comfortable monopoly...

RE: Hulu plus
By Lifted on 6/22/2011 6:11:58 PM , Rating: 2
You're blaming Hulu for all of this. If you stop shouting for 1 minute and collect your thoughts, I think you'd realize that Hulu is not the one calling the shots here, the content owners are. Hulu can only do with the content what they are licensed to.

NBC doesn't want them showing commercial TV, on TV's, which will eat away at NBC's primary income which is commercials on TV. While we will be moving in that direction eventually, it will probably be through the cable providers unless they want to go out of business.

You have content owners, cable and satellite networks, and internet delivery networks. Then once you factor in paid service without commercials, paid service with commercials, and free commercial service, you get a huge mess of combinations with everyone trying to maximize their own profits (or minimize their own loses) and not give away too much control.

RE: Hulu plus
By quiksilvr on 6/23/2011 12:29:27 PM , Rating: 3
I don't see Netflix with this problem. How about actually shelling out some dough and get this thing out there.

Yeah it shows episodes that just came out, but the content providers are doing this now on their own sites too, so what's the point here? I don't get it.

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