Hulu Gets Multiple $1 Billion Bids, Current Revenues at $700 Million
Hulu got three $1 billion bids this past weekend, two from mystery buyers and one from DirectTV, according to Business Insider. Currently, Hulu has 4 million subscribers, and more than $700 million in revenues from both subscription and advertising. But it was valued at $2 billion back in April. Disney and News Corp have been trying to shed themselves of the video-streaming subscription service since 2011, to little avail. However, this time around the parent companies seem…
Hulu Gets Multiple $1 Billion Bids, Current Revenues at $700 Million Read More »
