Reports: Hulu mulls sale after receiving buyout offer
Hulu apparently has a suitor and the video portal is considering whether to sell, according to reports from CNBC and The Wall Street Journal.
CNBC added that whoever the prospective buyer is, it isn't Google.
The LA Times, meanwhile, says that Yahoo has approached Hulu about a possible acquisition. It also reports that Hulu's board of directors has not met to consider any offers.
Originally founded by News Corp. and NBC Universal, Hulu later saw Disney become a partner. The service streams TV shows and movies over the Internet.
Hulu was an instant hit when it launched in … Read more
