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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

Comcast delivers solid first quarter

Cable giant Comcast reported solid first-quarter results as it continues to add high-speed Internet customers at a good clip.

Comcast reported first-quarter earnings of $943 million, or 34 cents a share, on revenue of $12.13 billion, up 31.8 percent from a year ago. The results include two months of NBC Universal results. Excluding transaction costs related to NBC Universal, Comcast reported earnings of 36 cents a share. The earnings were 2 cents per share ahead of Wall Street estimates.

High-speed Internet revenue showed solid growth as revenue surged 8.8 percent to $2.1 billion. Comcast's video … Read more

Hulu eyeing half a billion in sales this year

Hulu is forecasting sales of close to half a billion dollars and more than a million Hulu Plus subscribers this year.

In a blog posted yesterday, CEO Jason Kilar marked the end of the first quarter with some notable figures and projections about the company's recent past and upcoming future.

The forecast of almost $500 million in sales for the year follows the first quarter in which revenue shot up around 90 percent compared with last year's initial quarter, according to Kilar. For 2010 as a whole, Hulu took in sales of $263 million.

Touting the expected rise … Read more

HBO likely to clear way for cloud video, UltraViolet

LOS ANGELES--HBO won't stand in the way of cloud video or UltraViolet, the name given to technology standards that the film industry hopes will become a new home video format and a successor to the DVD, say multiple sources.

If you've ever wondered why some movies disappear from the video services of Apple, Amazon, and Netflix, the likely reason is the HBO blackout. When a new release is aired on HBO, often the company has acquired the exclusive right to distribute the movie electronically. That means the title must come down at other outlets, including Web stores. HBO … Read more

iBoobs in Android. No, they're not real.

Links from Monday's episode of Loaded:

Google confirms that it had to remove malicious apps from the Android Market

iBoobs comes to the Android Market two years after being kicked out of Apple's App Store

"The Today Show" relaunches its Web site with more emphasis on video and original Webcasts

A new study shows that technology is having a negative effect on American's sleep habits and overall health

CBS acquires Clicker and brings in the CEO to run CBS Interactive

Charlie Sheen owned the Internet over the weekend with his new Ustream show

Comcast sales, income ride customer growth

With its acquisition of NBC Universal finally done, Comcast today reported a boost in both sales and earnings for its fourth quarter.

For the quarter ended December 31, the cable carrier earned $1.02 billion, a gain of 6.6 percent from the $955 million earned in the prior year's quarter. Sales grew by 7.2 percent to reach $9.72 billion compared with $9.07 billion a year ago. Both results managed to beat the expectations of analysts polled by Thomson Reuters, according to Reuters, and prompted the company to lift its annual dividend by 19 percent.

With … Read more

If Hulu loses CEO, who would want that gig?

Toast.

That's what Jason Kilar's career at Hulu is supposed to be soon if all the media speculation is correct.

Hulu is controlled by broadcast networks, NBC, ABC, and Fox, but that didn't stop Kilar, Hulu's CEO, from writing in a blog post Wednesday that TV is cluttered with too many ads and he predicted that prices and profit margins for the TV sector would decline. He even lamented the tendency of "incumbents" (read: TV execs) to fight change. Much of his post was about what Hulu needed to offer consumers if it is … Read more

Buzz Out Loud 1401: Fail! Fail! Fail! (podcast)

On today's show, I tee off a little bit on Internet haters who just can't let it go ... in a way that might seem to suggest I can't let it go. Hm. Anyway, in tech news proper, Apple shareholders demand a succession plan, Verizon users demand their iPhone 4s, and AT&T demands $499 and a two-year contract for people who want an Atrix 4G with the laptop dock. Plus: Computer Love! Aloha, everyone! --Molly

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Rift widens between Hulu CEO and backers

For weeks, news outlets have speculated about the tension that appears to be growing between Hulu's management and the major media companies that back the Web video portal.

The rift is at least big enough to prompt Hulu CEO Jason Kilar to write a blog post that appears to takes his argument with his bosses at NBC Universal, Disney, and News Corp., to the public. In his note, Kilar said things that he must have known would anger many at the three media companies who each own a minority stake in Hulu.

Kilar, a former Amazon exec, was critical … Read more

Buzz Out Loud 1397: Amazon is ready for Prime time (podcast)

On today's show, Android is taking over the world (seriously), Internet-starved users turn to ham radio and dial-up to get the word out of Egypt, and Intel's Sandy Bridge chipsets are delayed (uh oh). Also, details about a possible Netflix-like streaming service that would be free for Amazon Prime users. As if Amazon Prime could get any more awesome. All the right moves, Amazon. All the right moves. Plus, some problems with quashing subpoenas. --Molly

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