(http://readwrite.com/files/styles/800_450sc/public/fields/hulu.png) 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 (http://www.reuters.com/article/2013/05/23/net-us-hulu-bids-idUSBRE94M1AO20130523). 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.
ReadWrite