Wednesday, July 13, 2011

U.S. video site Hulu is for sale

The U.S. Hulu streaming platform is to be sold. That gave Disney CEO Robert Iger told the Wall Street Journal announced , so the corresponding rumors , confirmed the end of June had come. The current owners are anxious to sell the video portal, Iger said.

The report is the business magazine, according to a number of top-class prospects. Including Google and Microsoft are interested in buying from Hulu. Yahoo also has been called. In addition, negotiations were conducted with several domestic and foreign media companies and technology firms, they say. In total there will be approximately ten interested parties. According to Hulu's current estimates about two billion U.S. dollars worth.

Hulu was founded in 2007 by the U.S. media conglomerates NBC Universal and News Corporation. Two years later, also increased the Disney corporation in the joint venture. The video portal offers access to numerous feature films and TV series, but is limited to users in the United States. About a launch in other countries is already speculation for years, but nothing is happening.

In the first years Hulu was solely financed by advertising, since November 2010, the company with Hulu Plus but also a paid subscription. U.S. users will receive for a monthly fee of just under eight dollars unlimited access to the offer of Hulu. Moreover, the films and series with Hulu Plus also looked at Android and IOS devices.
Jason Kilar, Hulu CEO said in a blog entry with that now use over 875 000 subscribers to the payable Hulu Plus, more than initially expected. In June alone, more users were added than in the previous two months combined.The mark of one million-plus subscribers Hulu should therefore still be cracked in August. Hulu has a total of about 28 million monthly users.

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