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Print 9 comment(s) - last by Adonlude.. on Mar 27 at 4:44 PM

Disney and News Corp are trying to figure out what to do with their portions of the company

Hulu has been in talks with potential buyers lately, but there are no formal offers on the table quite yet. 

Hulu's board of directors has been contacting potential buyers in an effort to sell the company, but it looks like there are no solid offers yet. It's also unclear how many buyers are interested in the company

Hulu is a joint venture of NBC Universal Television Group (Comcast), Disney-ABC Television Group (The Walt Disney Company) and Fox Broadcasting Company (News Corp). Hulu was founded in March 2007, making it only six years old. 


Currently, Disney and News Corp are trying to figure out what to do with their portions of the company. One option is to reportedly buy each other out. 

A huge issue with Hulu is that it only has short-term contracts with content providers, meaning the buyer would have to work to renew these contracts or find other sources of content -- and this does not come cheap. 

Hulu has some tough competition out there, such as Netflix and Amazon. The two have similar subscription-based models and have deep pockets to continue offering premium content at fairly low prices ($8 per month for Netflix or $79 per year with Amazon). 

Source: Reuters



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What a Surprise!
By Reclaimer77 on 3/26/2013 5:22:43 PM , Rating: 2
"Hey who wants to buy our crappy service with a business model of charging as much as Netflix yet still having commercials? Anyone? Please???"




RE: What a Surprise!
By x10Unit1 on 3/26/2013 5:58:06 PM , Rating: 2
I haven't used Hulu in a few years.

You can't be serious that they charge and still have commercials? That is too funny. Tell me that Hulu at least show a few less commercials to premium users than free users.


RE: What a Surprise!
By Reclaimer77 on 3/26/2013 6:55:37 PM , Rating: 2
Yup they still have 'em lol. I know right? Wtf.

quote:
Tell me that Hulu at least show a few less commercials to premium users than free users.


NOPE!!!


RE: What a Surprise!
By Ammohunt on 3/26/2013 6:07:26 PM , Rating: 2
Don't forget content no one wants to watch; hell most of it I had never heard of before.


RE: What a Surprise!
By Adonlude on 3/27/2013 4:44:46 PM , Rating: 2
Not to mention that HULU+ should really have been called HULU- since you actually get less content by paying for it.


RE: What a Surprise!
By aurareturn on 3/27/2013 2:45:12 PM , Rating: 2
You know people pay for cable and have to watch commercials too right?


"If a man really wants to make a million dollars, the best way would be to start his own religion." -- Scientology founder L. Ron. Hubbard

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