Four companies are reportedly making bids for online video service Hulu, which has apparently put on the auction block after a disagreement between owners News Corporation and Walt Disney Company on how to operate the TV steaming service.
Former News Corp president Peter Chernin, private-equity fund Guggenheim Digital Media, DirecTV and Time Warner Cable have all put in bids for Hulu, Reuters is reporting. If one of the latter two companies manages to pick up Hulu, it will be interesting to see how a satellite or a cable company (respectively) treat a service that’s been at direct odds with their own content services for a while now.
Stay tuned.
