Hulu owners 'terminate sale process', won't sell to anyone

After all the speculation over who would buy Hulu, the company just announced on its blog that the answer is: no one. While that's been out there as a possibility, it's still a surprise after Hulu's long summer. Things started with a surprise bid from Yahoo back in June, followed quickly by an invitation for more offers. Ultimately however, the networks that own the site have decided keeping it to themselves is the best option -- we'll see what that does to its growth and future plans.

Hulu owners 'terminate sale process', won't sell to anyone originally appeared on Engadget on Thu, 13 Oct 2011 19:27:00 EDT. Please see our terms for use of feeds.

Permalink   |  Hulu Blog  | Email this | Comments

Source: http://www.engadget.com/2011/10/13/hulu-owners-terminate-sale-process-wont-sell-to-anyone/

Gossip technology financial news news headline news science