Report: HuLu Mulls Sale

It is reported that the video streaming website Hulu may be weighing a sale offer.

The Wall Street Journal is reporting that Hulu "is weighing whether to sell itself after a potential buyer for the company approached it with an offer."

"The offer has spurred Hulu’s board to study its options, including soliciting other potential interest in the company, including from larger companies and private-equity firms, according to these people," writes the Journal.

Hulu is jointly owned by News Corp, Walt Disney Co, Comcast Corp’s NBC Universal and private equity firm Providence Equity Partners. It streams many shows for free but also offers Hulu Plus for $8 a month. With Hulu Plus, users get access to more TV shows and fewer ads.


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