Sun Valley, Idaho — Weeks after Hulu’s board began to explore a possible sale, Walt Disney CEO Bob Iger announced at the Allen & Co. media conference Wednesday that the online video website’s owners are “committed to selling.”
According to the Wall Street Journal, Iger said a sale was likely although he didn’t mention when that might take place. The paper reported there are between eight and 10 possible buyers, including Google, Amazon, Verizon, Microsoft and Amazon.
A few weeks ago, the Los Angeles Times reported that Yahoo had approached the company with an “unsolicited offer.”
Of all the companies, the Wall Street Journal remarked that Google — who was reportedly in talks with the company Tuesday — would be “the most interesting and difficult of the group” because of the company’s government interest in its “massive YouTube unit” and the company’s “massiveness” in general.
Hulu CEO Jason Kilar announced today that Hulu Plus is expected to reach 1 million subscribers before the end of the summer with an “additional 25 million devices capable of accessing the Hulu Plus service.”
Hulu and its companies have not confirmed any rumors of sales.
http://tinyurl.com/5sjg3zo (The Wall Street Journal)
http://tinyurl.com/3gzqp4l (Wall Street Journal Blog)