Hulu Up for Sale, Ex-News Corp President Bids $500 Million
In case you missed it, subscription-based television and movie streaming site Hulu has been looking for a buyer since March. And this week, former News Corp President Peter Chernin made a bid of $500 million. Hulu is owned by both the Walt Disney Company and News Corp. Rumor has it that there’s been a dispute between the two companies about the direction of the site, with News Corp favoring a subscription-based model (already initiated through the…
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