One way or another, change is clearly coming for the online television website Hulu. Either it will be acquired by Yahoo, or it will put itself out on the market to be snapped up by another deep-pocketed company. Yahoo apparently has made an unsolicited offer for the company, according to news reports citing anonymous sources. However, this is no hostile takeover brewing. Hulu’s corporate owners — News Corp., Walt Disney, and NBC Universal — appear eager to exit their investment.
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Hulu Is Gussying Up for Suitors
Posted by: Erika Morphy June 23, 2011 07:00 AMOne way or another, change is clearly coming for the online television website Hulu. Either it will be acquired by Yahoo, or it will put itself out on the market to be snapped up by another deep-pocketed company. Yahoo apparently has made an unsolicited offer for the company, according to news reports citing anonymous sources. However, this is no hostile takeover brewing. Hulu’s corporate owners — News Corp., Walt Disney, and NBC Universal — appear eager to exit their investment.