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…...
Hello There!
This premium content is exclusively reserved for Subscription Insider members.
Want access to premium member-only content, plus conference discounts and other benefits? We deliver the information you need for improved decision-making, skills, and profitability.
