Latest in Bid

Image credit:

Reuters: Media exec Peter Chernin bid $500 million for Hulu

Share
Tweet
Share
Save

Sponsored Links

Since the sun came up today it must mean that Hulu is up for sale, again. The latest extension to the sale rumors for the video streaming site is one from Reuters citing anonymous sources that indicates Peter Chernin, a former News Corp exec and Hulu board member has submitted a $500 million bid. There's no word on how big a stake he'd be interested in taking, but that's significantly lower than the reported $1.9 - $4 billion bids received from Dish and Google when the site was up for sale back in 2011. Of course, any sale price may vary on whether or not the acquisition come content included, but either way, we'd expect a few more possibilites to pop up before something (or nothing, like last time) happens. Of course, Peter Chernin was one of the folks pushing for a shorter theater to home release window and more TV on the Xbox, both of which have come to fruition in one form or another -- maybe he can make a deal happen.

Source: Reuters
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Batman comes to 'Fortnite' along with Catwoman and Gotham City

Batman comes to 'Fortnite' along with Catwoman and Gotham City

View
Hitting the Books: Searching for ancient cities from space

Hitting the Books: Searching for ancient cities from space

View
The Morning After: Taking a look inside the iPhone 11 Pro Max

The Morning After: Taking a look inside the iPhone 11 Pro Max

View
Ask Engadget: How can I improve my rural internet?

Ask Engadget: How can I improve my rural internet?

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr