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Exclusive: Former News Corp President Chernin bids $500 million for Hulu

Former News Corp president Peter Chernin bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.

 

Disney, News Corp. Discuss Hulu's Future

Disney and News Corp. have begun discussions about resolving uncertainty over online video site Hulu, with one possible outcome being that one or the other sells their stake.

 

Hulu no longer for sale, owners say

Hulu no longer for sale, owners say

After months of being courted by technology giants and TV signal providers, online video service Hulu is no longer for sale, its media company owners said Thursday. The Walt Disney Co., News Corp., Comcast Corp. and Providence Equity Partners had been shopping the site since June after receiving an unsolicited takeover offer.

Senh: I guess they couldn't get the price they were looking for. According to Bloomberg, they're looking to go public. Speaking of content acquisition. Hulu is owned by three media companies. How could they NOT get more content than Netflix?

 

Grey's Anatomy The First Disney Show To Launch On Hulu

Grey's Anatomy The First Disney Show To Launch On Hulu

Hulu CEO Jason Kilar won a big battle against Google's (GOOG) top dealmakers in April, successfully convincing Disney (DIS) CEO Bob Iger to put ABC's full-length content on Hulu instead of YouTube.

Google wanted to make Disney the cornerstone of its new focus on premium content, but Disney ended up taking an equity stake in Hulu alongside prior investors News Corp (NWS), NBC (GE) and Providence Equity Partners.

A couple months later, the fruits of Jason's labor are here in the form of mega-hit "Grey's Anatomy," now live on Hulu.

 

Miller Close to Taking Over News Corp. Digital Strategy

Former AOL CEO Jon Miller is close to taking a new role overseeing digital strategy at News Corp.

 

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